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Old August 27th, 2007 -   #4 (permalink)
dmm26
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Default Re: Things I wish I'd known from the start.

Quote:
Originally Posted by cferrari
Everyone always seems to talk about start up relative to printing, designs, blanks etc... Consider this.

When you talk about start up capital, there is no cookie cutter formula. We have considerbly more for our start up funds because we have rolled out 35 designs in one fell swoop and needed to start out with an inventory of 5,000 shirts. You all know how much blanks cost, for us we use Comfort Colors which are pricy. Your start up cost are dependant on your busines plan, there is no easy answer. In addition to the aforementioned, to start up you may want to think about the following.

1. Incorporation
2. Trade marking
3. Fax and phone lines
4. Storage, shelving - bins
5. bags
6. Web site
7. Merchant accounts
8. Business insurance
9. Credit card equipment
10. Stationary and business cards
11. Order forms
11. Marketing materials
12. Shipping account (FedEx etc..)

That is for selling product only. If you are printing then you have the equipment and supplies for that. Just some things to consider because they are often overlooked and can be expensive. How

I was just going to add all that too! You are so right there isn't a set formula for this or any other business but I thought it might give other people who are just starting out a heads up on things. I wish I had a list like this before I started out. Again though it all comes down to research.
Let's keep this thread going so that we can maybe compile A semi complete list for newbies!
 
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