BUSINESS - HOME-BASED DECORATOR

Five Years and Counting

There's more to running an embroidery business than knowing embroidery. If you want your business to flourish, you need to first take stock of why you're starting the business in the first place.
March 17, 2008

By Steven Batts

Though I've been involved in the embroidery industry for more than 17 years now, I've only been an embroidery business shop owner for just over five years — a significant anniversary for me. Statistics show us that a high percentage of small businesses close their doors within the first five years, so by making it to the five-year mark, I have, if nothing else, beaten the odds.



Looking back over the past five years to where I am now, I've tried to analyze what got me here. Hopefully, through this analysis, some other small business owner can learn from both the things I was able to accomplish as well as the mistakes I made along the way.

9-to-5 Job Security
First, let’s look at why many businesses close. Notice I did not say fail. While most businesses close due to financial problems or other issues, some businesses just close because the business owner decided to sell the business or just got tired of running it.

It's easy to see how that can happen. The daily pressure of not getting a paycheck unless you generate revenue, no matter how hard you work, can really wear on you. The additional pressures of paying taxes, doing paperwork and performing all the non-revenue producing jobs that a small business owner must do adds to the wear and tear. Sometimes you think it would be simpler to go back to work for someone else and let him worry about all these hassles.

And indeed, there's something to be said about the security of a regular 9-to-5 job. Your hours are more clearly defined; someone else does the paperwork; and you get paid the same every day, including vacation days. In addition, the biggest advantage is that there's a clear distinction between your work life and home life.

Look before You Leap

Whether you're just starting or contemplating starting your own decorated apparel business, here are some of the things I advise you to consider before you take the leap.

1.    Be absolutely sure this is what you want to be doing. Consider your motives for starting the business, as you will need to call those to mind during the stressful times that lie ahead. Keeping that focus will help you weather those storms.

2.    Think about your goals. What do you want to accomplish from having your own business? Is it a livelihood, supplementary income, something beside material wealth or a combination? For example, I wanted to support my family while exercising more control over my schedule and the direction of my future.

3.    Remember that there is really no such thing as a "regular 9-to-5 job." If there is, let me know, and I might apply for it. In reality, I used to work long hours, too, back when I had "a real job."

4.    Just because you're good at something, doesn't mean you're good at running a business doing that same thing. If you're thinking of starting a business just because you're good at what you do, then don't! I was good at embroidery when I started, but that is not why I started the business. Knowing embroidery is a plus, but it doesn't help me grow my business.

5.    If you want your business to flourish, you need to become good at business. I'm still working on that part. Having made it so far, I might get the business part figured out in the end.


Steven Batts, a 17-year veteran of the embroidery industry, is a regular speaker at the Imprinted Sportswear Shows and contributor to Impressions magazine. He owns Righteous Threads Embroidery, a home-based business in Greensboro, N.C. The services he provides include digitizing, embroidery, machine maintenance and repair, and consulting. Call him at (336) 379-9380 or e-mail righteousthreads@gmail.com.


Additional Steven Batts articles on getting started in embroidery and operating a home-based business:

Five Keys to Embroidery Business Survival

Looking the Part

Getting the Word Out

Finding Your Niche


Pricing Your Work: Determining Breakeven

Know Your Operating Costs

The Cost of Equipping an Embroidery Business


StartUp Decorator: Is Embroidery Right For You?


RECENT HOME-BASED DECORATOR HEADLINES

Needle Knowledge Pays Off for Embroiderers
The needle is one of the smallest parts of an embroidery machine, yet it is one of the most vital components.
The needle is kind of like your little toe; you don't think about it a whole lot, but when something isn't right with it, it causes you a lot of pain.
December 08, 2008

How to Beat the Odds in a Recession
Economic upheavals produce worries through the business world — follow these tips for finding new niches.
After months of speculation of whether we are or aren’t, we are officially in an economic recession. This is not all bad news. It is a little-known fact that when markets go down in one area they tend to go up in others.
November 21, 2008

5 Tips to Digitize Efficiently
Learn how to decrease design run time to increase profitability.
In this politically charged season there has been a lot talk from all sides about wasting resources and the need for change because current policies are ineffective. This week, I’m jumping into the fray.
October 24, 2008

Finding the Right Digitizing System for Your Shop
Quality and efficiency are two major points to consider when shopping for digitizing software.
As we continue to explore the differences between hobbyists and commercial embroiderers, I would like to focus on digitizing systems. When comparing consumer-grade vs. commercial-grade machinery, there is a huge difference in capability and functionality. The same is true when it comes to digitizing software, but not necessarily the way you might think.
October 10, 2008

Tips for Improving Embroidery Productivity
Modern stabilizers and hooping systems aren't necessarily time-saving, profit-boosting conveniences. Sometimes, conventional practices yield the greatest results.

As we continue to look at the differences between a home hobbyist and a commercial embroiderer, let me reiterate that the difference between the two is not just a matter of location. I am a commercial embroiderer who works from home. The difference is mainly a matter of mindset. We can get technical and try to classify embroiders by their equipment, but the reality is that a commercial embroiderer is in business for profit and the other in it for fun.
September 15, 2008

Embroidery Business NewsletterImpressions SourcebookScreen Printing Product CatalogImpressions Digital EditionINFO-ACTION
Plan now to attend ISS Long Beach!
The Long Beach Convention Center
Workshops: January 22, 2009
Exposition and Conference: January 23-25, 2009
Click here to register.

Visit Imprinted Sportswear Shows

Produced by: Nielsen Business Media, a part of the Nielsen Company
Nielsen Business Media Hospitality Design | Kitchen & Bath Business | Display & Design Ideas | Multi-Housing News | Commercial Property News | Impressions
Impressions is the one-stop source for authoritative information and education on the decorated apparel business, including embellishing on wholesale apparel and promotional products. This
resource is crucial to apparel decorating professionals seeking to establish and grow a profitable decorated apparel business. Every issue of our decorated apparel magazine, both print and
online, is geared toward providing how-to instructions needed to perform the four major processes that comprise the decorating apparel industry marketplace — screen printing, embroidery,
heat-applied graphics and digital printing. Impressions also provides business and trend information unique to the decorated apparel and promotional products industry.


Impressions Home | Embroidery Business News | Decorated Apparel News | Screen Printing Apparel News | Embroidery Apparel News 
| Digital Apparel News | Promotional Products News | Apparel Trade Show Events | Apparel Performance Analysis 
| Apparel Business Publications | Imprinted Corporate Gifts | Promotional Product Advertising | Apparel Buyers Newsletter 
| About Impressions | Contact Impressions | Sitemap | RSS