4 Key Considerations When Starting a Clothing Alteration Business
/Even the cheapest suit can fit like a designer original when properly altered. Many people turn to a seamstress for this purpose, as well as to repair the suits they regard as valuable investments. But the skills of a seamstress are becoming somewhat of a lost art, making their expertise increasingly difficult to find.
Once you’ve mastered the necessary skills, a clothing alteration business can be very lucrative. Just as important are the skills required to start any kind of business in the first place. If you’re an entrepreneur at heart, then it’s likely that you possess many of these skills, such as time management, strategic thinking, creativity, finance, and communication.
So, if you’re ready to delve into the clothing alterations industry and establish yourself as a reputable seamstress in your area, all that’s left are a few important considerations. Keep the following in mind to start on the right foot.
The Basics
No matter how small your business, it requires a legal structure. This allows you to lawfully operate and advertise your services, as well as permitting you to accept cash payments. Once you’ve chosen and created a suitable business structure, it’s time to register your alterations business’s name and operations with the state.
Your name should be simple, easy to spell, memorable and ideally, available as a .com domain. The last point is important, as you’ll want to create a website for your business, which will serve as a key component of your future marketing efforts. You’ll also need an employer identification and DUNS number for tax, credit and payment purposes.
Business Plan
The better thought-out your business plan, the more likely you will be to avoid mistakes and make the right decisions from the get-go. Take some time to organize and plan your strategies and objectives. Think about your competitors, marketing strategies, budget, target audience, and staffing. Where you plan to operate should also be considered.
Equipment
The equipment you’ll need for your alteration business will likely be one of your biggest expenses. At the same time, your equipment of choice can make or break your ability to provide a quality service, which is why it’s important to identify the best solution.
At the bare minimum, you’ll need a clothing presser, as well as plenty of needles, thread, buttons and other necessary materials for alterations and repairs. Most importantly, you’ll need a set of quality sewing machines. A great option in this category is Gold Star Tools, a company that provides class-leading Sewing Machines and related equipment.
Location
When starting off, it would be wise to consider keeping your operations at home until you’re in a position where you can comfortably afford a dedicated location. Once you reach this point, remember that your premises should have ample space for measurements and cutting, as well as room for clients to try on clothing.
Finally, don’t forget the importance of an effective marketing plan. Even if you’re on a tight budget, the internet is a great place to start. Use your website, social media and online listings to your advantage. Get it right and you’ll quickly gain a steady stream of clients.