Thinking about opening a scrimshaw business? We tell you what you need to know to get started.
(article continues below)
Creating a Business Plan for a Scrimshaw Business
A common mistake for a new business owner is to launch your company without having written a business plan.
The key benefit of writing a business plan is that it defines the game plan. Without it, you'll be flying blind, choosing short-term opportunities at the expense of long-term benefits.
Start by defining your business mission. The process of writing a mission statement doesn't have to be complicated. From there, the other piece of the business plan puzzle will begin to fall in place.
Take a Look at the Competition
Well in advance of opening a scrimshaw business within your community, it's worthwhile to see how you will fit in the competitive landscape. Use the link below to get a list of local competitors in your area. After clicking on the link, type in your city, state and zip code to get a list of scrimshaw businesses near you.
Before you open up shop, make sure you know what you will offer to your customers that provides a significant advantage over your competition's offering.
Learning More About the Industry
Once you've finished assessing the competion, it's a smart move to learn from folks who are already in business. If you think owners of nearby scrimshaw businesses will give you advice, think again. What's in it for them?
However, an entrepreneur who owns a scrimshaw business in another town may be more than happy to give you a few tips, given that you don't compete with them in their area. In fact, they are often very willing to share startup advice with you. If you are persistent, you can find a business mentor who is willing to help you out.
Where can an aspiring entrepreneur like you find a scrimshaw business owner on the other side of the country to talk to?
Here's one way to do it. Just use our link below, find somebody and call them.
Advantages of a Scrimshaw Business Purchase
Every entrepreneur dreams about building a highly successful company from the ground up. Yet scrimshaw business startups aren't easy - many fail within the first year.
There are a lot of factors that need to be considered in buying vs. starting a business. By buying a profitable scrimshaw business, you'll shorten the amount of time it takes to achieve a return on your investment because you'll have the advantage of a proven operation and an existing customer base.
Consider Buying a Franchise
The odds of surviving in business are much better if you purchase a franchise instead of doing it all on your own.
Before opening a scrimshaw business, a smart move is to check out whether purchasing a franchise might help you on your entrepreneurial journey.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding getting started as an entrepreneur may be of interest to you.
If you came here to learn about selling to scrimshaw businesses, you're in the wrong place. Try these resources instead:
If you are interested in starting a different kind of business, please browse our directory of guides below.