Thinking about opening a custom-printed t-shirts business? We tell you what you need to know to get started.
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Successful Business Plans for Custom-Printed T-Shirts Businesses
As a startup small business owner, you need to have a business plan you can rely on for both external and internal purposes.
Although there are a lot of tasks screaming for your attention, cutting corners on your business plan can be a precursor to disaster. Even though it takes time to write a high quality plan, there are a lot of arguments why your company can't succeed without an effective business plan.
From a business ownership perspective, that makes business planning your first priority - and not a task that can be assigned to the back burner.
Check Out the Competition
Prior to opening a custom-printed t-shirts business within your community, it's a smart move to determine what the competition looks like. We've provided the link below to help you get a list of local competitors near you. After following the link, enter your city, state and zip code to get a list of custom-printed t-shirts businesses in your area.
If there's too much competition, it may be wise to consider starting the business in a less competitive marketplace.
Finding a Non-Competitive Business Mentor
Once you've finished assessing the competion, be sure to speak with somebody who is already in the business. It's very unlikely that the local competition will talk to you. What's in it for them?
On the other hand, an individual who has a custom-printed t-shirts business in another town can be a great learning resource for you, as long as they don't view you as a competitive threat. Indeed, many experienced entrepreneurs enjoy offering advice to startup entrepreneurs. In my experience, you may have to call ten business owners in order to find one who is willing to share his wisdom with you.
Want the scoop on finding an owner of a custom-printed t-shirts business who is willing to advise you because you live in different cities?
No problem! Just use the link below and try a random city/state or zipcode. Then start dialing for advice until you are successful.
Advantages of Using a Business Broker
Business owners are decision makers. And the first decision you'll need to make is between a custom-printed t-shirts business startup and an acquisition. In most cases, there are compelling financial and practical reasons buying an existing custom-printed t-shirts business.
A qualified business brokers can provide a range of services designed to ease your transition into business ownership.
The best business brokers will ensure that you get the right business for the right price, and will help you avoid common custom-printed t-shirts business acquisition mistakes.
Explore Franchising Options
Your odds of growing your business are greatly increased if you go the franchising route instead of doing it all on your own.
If you planning on starting a custom-printed t-shirts business, you ought to determine whether franchise opportunities in your space might help you avoid common entrepreneurial mistakes.
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.
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