Free Business Idea of the Week
Jan 22nd, 2008 by admin
If you’re handy with a sewing machine and love to whip up clothing in your spare time, why not make a business of it? Consider selling your wares through eBay, an online store, local boutiques and more. Need some unique ideas? Well for starters, do you remember those footed pajamas that we all loved so much when we were kids? Why not create a version for adults? They can be roomy and comfy, offering a way to stay warm on those cold winter nights. Or what about luxurious socks for businessmen or monogrammed baby bibs made to order? The possibilities are endless. Here’s what involved:
Approximate Start-Up Costs: $3,000 or under (cost of a sewing machine, fabric and other materials, telephone system, fax machine, labels, business cards, brochures and letterhead and miscellaneous supplies)
Potential Names: ComfyUmfy’s or Big J’s for adult footed pajamas; Steps of Success or Alpha Socks for a men’s sock line; Me Bibs or Biblettes for monogrammed bibs; Crème de la Crème Clothing, Life Threads…
Barriers to Entry: Market saturation, alternative forms of clothing, economies of scale enjoyed by larger manufacturers, advertising…
