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This section of the forum is for discussing the business and finance issues of the t-shirt industry. Which business structure to use (sole proprietor, LLC, S Corp, etc), how to handle billing, where to register your business and get the proper licensing, etc.

So...my business plan was accepted.



 
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Old March 7th, 2009 Mar 7, 2009 7:57:04 PM -   #1 (permalink)
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Arrow So...my business plan was accepted.

Yes. My business plan has been accepted and they are allowing me $9000 to get started.

I want to sell shirts, hats, and decals to my 8000+ members at my websites by making my business a sponsor. I would start to go to events in the summer.

Here is my list of equipment to do it so far. Tell me what you think.

24" Roland GX24 Plotter $1,500
Vinyl $400
Application Tape $80
Okidata C8800N Printer $1,600
Hotronix STX20 16 x 20 Auto-Open Shirt Press $1,400
Hotronix Auto-Open Hat Press $800
Transfers $450
120 Shirts $480
72 Hats $432
Misc Hand Tools/Office Supplies $508
Intuit Quickbooks Pro $150
1 Year Yellowpages $1,200

TOTAL: $9,000.00

 
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Old March 8th, 2009 Mar 8, 2009 5:51:07 AM -   #2 (permalink)
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Default Re: So...my business plan was accepted.

Might want to rethink the yellow pages, I and many others have not had success with yellow page ads, and it's expensive.
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Old March 8th, 2009 Mar 8, 2009 6:36:17 AM -   #3 (permalink)
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Default Re: So...my business plan was accepted.

Skip yellow pages, used hat press at approx $250 may be more than you need. Quick books pro is currently available at Sam's club for $97 if you are/know a member.
Now where is your marketing & branding money? Lets say everyone at your website buys a shirt & hat (that ain't gonna happen), where are you going from there?
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Old March 8th, 2009 Mar 8, 2009 7:16:06 AM -   #4 (permalink)
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Default Re: So...my business plan was accepted.

Assume you have additional resources for your other starting expenses? Like tables to place your equipment on? Shelving for your blanks, etc.? Packaging materials for shipping? A separate all in one printer to produce your invoices, shipping labels, etc.?

I second the yellow pages. Maybe some targeted local advertising instead.

Last edited by greyhorsewoman; March 8th, 2009 at 08:07 AM.
 
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Old March 8th, 2009 Mar 8, 2009 7:24:35 AM -   #5 (permalink)
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Default Re: So...my business plan was accepted.

I live in a small town. There are only a few screen printers here. It is to my understanding that they do not offer low quantity runs which fall under their minimums. They get a lot of calls for these types of jobs and have nobody to refer to.

I figure that I will develop working relationship with these screen printers by having them do some of my stuff. In turn, they will send those customers that fall under their minimums to me. We have already talked about this.

By having my ad in the yellow pages and advertising that I have no minimums, this should help to deter those customers to me.

I will have to rethink the yellow pages and look more into advertising.

Good mention about the tables...I will rework the list right now.
 
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Old March 9th, 2009 Mar 9, 2009 4:57:21 PM -   #6 (permalink)
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Default Re: So...my business plan was accepted.

The List has been changed...here it goes...

Items (Bought Online)
1 Roland GX24 Plotter
Vinyl Media ($450 Worth)
48" Roll Application Tape (Cut To Sizes)
Big Squeegee 32" Cut Vinyl Tool (Will cut down and have a 24" and a 8")
Okidata C8800N Printer
Hotronix STX20 16 x 20 Auto-Open Shirt Press
Hotronix Auto-Open Hat Press
Transfers ($450 Worth)
108 Shirts
60 Hats
1 Year Vonage Business Line w/Fax

Items (Bought locally)
Intuit Quickbooks Pro w/Learning Pack
2 Easel Presentation Binders
2 Binder Tab Deviders
4 Packs Of Sheet Protectors
Phone Message Book
Exacto Knife Set
Exacto Replacement Blades
Post-It Despensor Value Pack
6 Sharpie Retractables (Red/Blue/Black)
24 Pack Of Marks-A-Lot Markers
25 Pack Of Oxford Folders
Fiskars 8" Non-Stick Scissor
Fiskars 8" Office Scissor
Newspaper Ad 8 Lines/Day (3 Months Paid)
Newspaper Front Page Stick-On (The launch!)
 
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Old March 9th, 2009 Mar 9, 2009 5:13:18 PM -   #7 (permalink)
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Default Re: So...my business plan was accepted.

Get 5yd rolls of vinyl, only about 5 colors to start, buy it as needed fellers.com will get it to you next day in most locations.
Easy on the transfers, wanna buy some.
Less hats, they are easy to get.
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Old March 9th, 2009 Mar 9, 2009 5:17:59 PM -   #8 (permalink)
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Default Re: So...my business plan was accepted.

I think you can save $300-$400 by going to a manual hat press. You probably won't have near the volume on hats that you will have on t's. Other than that, you're pretty much on target. I like the newspaper front page stick on idea.
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Old March 9th, 2009 Mar 9, 2009 8:15:41 PM -   #9 (permalink)
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Default Re: So...my business plan was accepted.

Points taken...

Item (Bought Online)
Roland GX24 Plotter $1,518.00
GT5 Vinyl Media $450.00
48" Roll Application Tape $96.00
Okidata C8800N Printer $1,587.00
Hotronix STX20 16 x 20 Auto-Open Shirt Press $1,309.00
SunIE Combo Press $369.00
Big Squeegee 32" Cut Vinyl Tool $65.50
Transfers $450.00
120 Shirts $480.00
36 Hats $216.00
1 Year Vonage Business Line w/Fax $600.00

Items (Bought Locally)
Intuit QuickBooks Pro w/Learning Pack $171.44
2 Easel Presentation Binders $37.44
2 Binder Tab Dividers $7.28
Phone Message Book $11.88
Exacto Knife Set $28.08
Exacto Replacement Blades $36.72
Post-It Dispenser Value Pack $27.00
Sharpie 6-Pack Retractable $12.48
Marks-A-Lot 24 Pack $20.52
Oxford Folder 25 Pack $21.06
Fiskars 8" Non-Stick Scissors $18.90
Fiskars 8" Office Scissors $7.02
4 Sheet Protector Packs $44.06
Carry-On 4' x 8' Trailer (Mobile Ads) $377.99
Newspaper Ad 8 Lines/Day (3 Months Paid) $68.40
Newspaper Front Page Stick-On (The launch!) $349.99
TOTAL: $8824.32
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Last edited by Jamey; March 9th, 2009 at 08:21 PM.
 
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Old March 10th, 2009 Mar 10, 2009 4:28:52 PM -   #10 (permalink)
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Default Re: So...my business plan was accepted.

You should be able to get shirts cheaper than $4 apiece, especially in case qty (72).

Keep in mind that even though you have a 48" plotter, you can use vinyl smaller than that to practice on. I recommend getting a couple cheaper rolls of 15" wide to do basic 4-6" stickers with. I would get a smaller roll of clear application tape too.

Damn, how many Xacto blades does 36.72 buy??

Cool idea on the newspaper sticker. I'll have to see what that costs around here.

Good luck!

These are handy.

You will need some smaller squeegees, just cheapo gold/orange, whatevers. They are nice to give to customers too.
A bigger garbage can.
 
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Old March 10th, 2009 Mar 10, 2009 5:57:06 PM -   #11 (permalink)
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Default Re: So...my business plan was accepted.

Yellow Pages are not going to get you the feeback/response you want. We did it at first and consider it the biggest "advertising" mistake so far ! I know you already took the advice but I just wanted to put in my 2 cents !
 
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Old March 11th, 2009 Mar 11, 2009 5:10:59 AM -   #12 (permalink)
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Default Re: So...my business plan was accepted.

Quote:
Originally Posted by midwaste
You should be able to get shirts cheaper than $4 apiece, especially in case qty (72).
Where do you suggest to get colored Gildan's in all different sizes?

Quote:
Originally Posted by midwaste
Keep in mind that even though you have a 48" plotter, you can use vinyl smaller than that to practice on. I recommend getting a couple cheaper rolls of 15" wide to do basic 4-6" stickers with. I would get a smaller roll of clear application tape too.
A GX24 is a 24" plotter. I have some sample rolls of vinyl coming also. I will be having that 48" roll of application cut down (free) into many different sizes. As far as a clear, what kind do you use?

Quote:
Originally Posted by midwaste
Damn, how many Xacto blades does 36.72 buy??
Tell me about it. You get 100. Adjusted price ($30.99). Oops.

Quote:
Originally Posted by midwaste
These are handy. You will need some smaller squeegees, just cheapo gold/orange, whatevers. They are nice to give to customers too.
A bigger garbage can.
I will add some rolling scissors and giveaway squeegees too. Thanks for reminding me.
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Old March 11th, 2009 Mar 11, 2009 7:20:27 AM -   #13 (permalink)
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Default Re: So...my business plan was accepted.

Quote:
Originally Posted by Jamey
Quote:
Originally Posted by midwaste
You should be able to get shirts cheaper than $4 apiece, especially in case qty (72).
Where do you suggest to get colored Gildan's in all different sizes?
The $4 was for GILDANS? I just assumed you were using American Apparel or similar.

As for where to get them cheaper... anywhere! San Mar, Broder Bros, Alpha Shirt, Virginia Ts, TSC Apparel, and all the other wholesalers I'm forgetting.
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Old March 11th, 2009 Mar 11, 2009 6:31:17 PM -   #14 (permalink)
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Talking Re: So...my business plan was accepted.

Quote:
Originally Posted by Solmu
The $4 was for GILDANS? I just assumed you were using American Apparel or similar.

As for where to get them cheaper... anywhere! San Mar, Broder Bros, Alpha Shirt, Virginia Ts, TSC Apparel, and all the other wholesalers I'm forgetting.
That was a basic price I just threw in. Here is an updated (there are different sizes and colors involved also) list...

Items (Bought Online)
Roland GX24 Plotter $1,518.00
Vinyl Media $450.00
48" Roll AT-60 Clear Application Tape $107.52
Okidata C8800N Printer $1,587.00
Hotronix STX20 16 x 20 Auto-Open Shirt Press $1,309.00
SunIE Combo Press $428.00
Big Squeegee 32" Cut Vinyl Tool $78.25
Transfers $450.00
175 Gildan G2000 Tees $574.15
40 Anvil 325 Ladies Tank Tops $189.80
40 Gildan G2000L Tees $105
16 Gildan G18500 Hoodies $192.96
25 Harriton M880 Basic Hats 41.25
Signcraft Magazine Subscription $39.00
Logo Design for Small Business Book $28.67
Logo Design for Small Business 2 Book $28.67
Mastering Layout Book $33.62
Pack of 500 Poly Mailer Bags $61.00
1 Year Vonage Business Line w/Fax $600.00

Items (Bought Locally)
Intuit Quickbooks Pro w/Learning Pack $171.44
2 Easel Presentation Binders $37.44
2 Binder Tab Dividers $7.28
Phone Message Book $11.88
Exacto Knife Set $28.08
Exacto Replacement Blades $36.72
Post-It Dispenser Value Pack $27.00
Sharpie Retractable 6-Pack $12.48
Marks-A-Lot 24 Pack $20.52
25 Pack of Oxford Folders $21.06
Fiskars 8" Non-Stick Scissors $18.90
Fiskars 8" Office Scissors $7.02
4 Packs of Sheet Protectors $44.06
Carry-On 4' x 8' Trailer (Mobile Ads) $377.99
Newspaper Ad (8 Lines/Day for 3 months) $205.20

Total $8,848.96
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Old March 11th, 2009 Mar 11, 2009 7:32:27 PM -   #15 (permalink)
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Default Re: So...my business plan was accepted.

I use TransferRite 1510 clear tape, but I use basic PerfecTear Maintape for big stuff. It's a waste of money usually to use clear for large stuff, its mainly nice for layering multi-colors or for selling pre-made decals, so the customer can see the color/design better.

I would be cautious about buying 175 shirts, hoodies, etc, up front, unless you plan on printing all of them right away. It makes sense to find a supplier close to you that will get to you next day with no extra charge. Almost all of those that Solmu listed above have warehouses all over the US, so you don't end up with a bunch of sizes/colors that you don't need. If it was me, I'd buy only enough to practice on to get the hang of the press and cutter, then use the money I had left over to purchase exactly what I needed later.
I take it you have additional capital to fund shirt purchases, replenish supplies, etc? If not, I would be very careful about spending every nickel of your grant on up-front costs. Just my 2 cents.
 
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