Profitable Home Sewing BusinessesWritten by Randy Wilson
If you’re interested in home sewing businesses, you’re onto a good thing. Home based sewing businesses have benefited from tremendous improvements in technology in last few years. The opportunities for home sewing businesses range from sewing specialty clothing to monogramming to commercial sewing. There are some absolutely fabulous machines and software out there that do everything from intricate embroidery to monogramming shirts, jackets, and caps for all sorts of businesses and sports teams. So how do you go about starting a sewing business? First you have to decide on type of home sewing business you want. As mentioned earlier, you can make specialty clothing such as wedding gowns and bridesmaids dresses on a machine you likely already own. You may, however, want to break into commercial area where you embroider on caps and such for local sports and Little League teams. Before you can have any home based sewing business, you have to know what exactly type of sewing service that business is going to provide. The next thing you want to do when looking into sewing businesses is to look at costs involved if you are going to be purchasing equipment. There’s a wide range for you to choose from, and you can likely find exactly what you need at exactly right price for your budget. Just make sure you deal with reputable companies. This is especially important if you’re going to purchase used equipment for your home sewing business. Now develop a business plan for your sewing business. It should include a budget and how you’ll use profits to grow your business in future. You need to consider who target market is for your home sewing business, and develop a plan for how you’re going to reach it. Also, you’ll want to look at accounting needs, tax requirements, and liability insurance. You also want to decide whether you want to have a partner or not. Often, it’s a good idea to have a partner, but make sure that person shares your vision of what you’re doing. Also where you want to take your sewing business over time.
| | Home Inventory Businesses Offer Huge Profit Potential!Written by Randy Wilson
Home inventory businesses are springing up everywhere these days. And they’re great business opportunities you can work at either part-time or full-time and still make a great deal of money. So what is a home inventory business? It’s exactly what it says. It’s where a person goes into a home or business and inventories all valuable items for insurance purposes. In a home environment, they look at art, furniture, jewelry, and other things that have value to person owning home. In a business one, they look at equipment, supplies, etc. They record all these things and then set a dollar amount on what these things are worth. A home inventory business helps homeowners, business owners, and insurance companies tremendously by providing this service. As an impartial professional who knows just how much that quilt your great-grandmother made or that European water purifying system you had installed at your business is truly worth, insurance companies know how to advise you on insuring your home or business. Should something happen like a fire and you lose everything, record provided by an inventory business provides everyone involved information they need on payouts. Now, you can’t just open a home inventory business. Most states require you to obtain a license or certfication in order to operate a home inventory business. And even if they don’t, insurance companies will. Since this is a fairly new field for independent contractors, state regulations are changing rapidly. Before you start, you have to know what regulations are for your state. A good place to start your research is with your state’s Insurance Commissioner. That office can point you in direction you need to go to obtain proper certifications in order for you to proceed in pursuing your home inventory business opportunity. Also, there are many courses available for you to take so that you can start one of hot home inventory businesses. You can find them at your local colleges, community colleges, and online. There are also correspondence courses available. The courses are neither expensive nor difficult.
|