Setting Up a Home Business I

Setting Up a Home Business I Embroidery Project

By   James M. (Jimmy) Lamb   on   January 01, 2005
Description

Preliminary Assessments,

Step of

Materials

Project Preview Video

Preliminary Assessments

Embroidery makes for an excellent home-based business opportunity. All you need is a good quality machine, a computer, some threads and sewing supplies and your set. Just plug the machine in and presto, out come the orders and in comes the money! A simple operation that is neat and compact, such that it easily fits in a spare corner of any room. Right? Not!

On the surface, it may seem this simple, but in reality there is a lot more to setting up a legitimate home-based embroidery business. Yes, the equipment is the core of the operation, but there is more to it than that.

Working from your home offers a lot of advantages: no rent, no commuting, no dress codes, flexible hours, etc. But it also has some disadvantages as well, with perhaps the most significant one being “lack of visibility.” If customers can’t “see” you then they aren’t going to know that you exist. But due to local zoning laws and ordinances, it’s unlikely that you can put out a sign or a billboard. The fact of the matter is, if you operate from home, you are probably invisible. Further compounding this matter is that many corporate entities view home operations as hobbies rather than serious business operations. Making it known that you are working from your house can be detrimental in some situations.

Before starting your home-based operation, there are four areas that need to be investigated:

  1. Sales & Marketing Solutions
  2. Production Accessories and Supplies
  3. Administrative Equipment, Supplies and Functions
  4. Physical Location
Meet the Author: James M. (Jimmy) Lamb
James M. (Jimmy) Lamb
Award-winning author and international speaker Jimmy Lamb has over 15 years of embroidery experience as well as 10 years of professional digitizing experience (as a business owner). Currently, he is the Director of Training and Education for Hirsch International Corp., where he has been instrumental in developing their educational seminars.
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