2021 could be a great time to launch a t-shirt business start-up. There are several reasons behind this. In general, 2021 looks like it could be a good year for small business. However, there are also some good signs that apply specifically to t-shirt printing.
As the owner of a business that makes and sells custom t-shirts, many of your customers are likely to be young people. The younger generation is socially conscious and they are often willing to pay a little more to invest in small businesses as opposed to a major company.
Horror and Devastation
Apart from the health terror and disruption caused by the dreaded Coronavirus pandemic, its effect on businesses worldwide has been equally devastating. The hardest hit? Small businesses. Those with fewer than 20 employees have suffered the most. Why? Many smaller companies often do not have the cash flow or capital reserves to weather a long term loss of customers and the financial downturn that comes with it. In fact, because of the “stay-at-home” and “social distancing” mandates imposed by many state governments, conducting business has been made virtually impossible for many types of businesses. Retail shops, hair salons, restaurants, home improvement contractors and many other firms that provide “hands-on” personal service have had to learn how (if possible) to provide service in this “new world.” It hasn't been easy. Thousands of businesses have failed, closing their doors forever.
A Resurgence in Business Start-ups...
According to The Economist magazine, The United States has seen a surge in start-up businesses during the corona virus pandemic, according to data from the federal government. In September 2020 alone, nearly 100,000 business applications were processed for the week ending Sept. 19, representing a 41.5 percent year-over-year jump. It's apparent that some displaced business owners are adapting and their entrepreneurial spirit is going “full steam ahead” as a matter of necessity.
Consider T-Shirt and Apparel Printing...
When you're ready to pull the trigger on a new business start-up, you will want to keep your start-up simple and as low cost as possible. You don't want to be burdened with the cost of rent and the expense of employees (at least for now). And you want a business that you can learn in a short period of time. Enter screen printing—a business you can operate by yourself and do it at home.
A Never Ending Demand...
People and businesses are always going to buy custom printed t-shirts—in good times and bad. Apparel printing is a multi-billon dollar industry that is never going to go away. Many larger printers have failed in the downturn, creating opportunities for new printers who are hungry for work. This can be your chance to start anew and work in a rewarding career that is also a great creative outlet.
Working from home has definite advantages...
Many screen printers start out as a one person operation by working from the basement of their home or in their garage. As a matter of fact, many screen printing operations live out their entire existence as a "home-based" operation. This is more common than you might think. Having a home based business has huge tax advantages along with the savings you will realize by not having to commute or pay rent. Make sure you keep copies of your mortgage payments, heating, electrical, water, sewage bills and so on, as a portion of these expenses are usually tax deductible. A home-based operation also allows you to keep an eye on your children who can also lend a hand in the business when necessary.
Learn the Screen Printing Business from Professionals...
If you want to learn the skills needed to become a professional screen printer and start your own t-shirt printing business, visit ASPA's Screen Training course website. Our course is packed with information to help you learn the essentials of t-shirt screen printing. All you need is a computer with internet access--no screen printing equipment is necessary. It's ideal training if you want to obtain a complete understanding of the concepts and practices of screen printing. Every aspect of the t-shirt printing business from start-up planning to marketing, business procedures and fully detailed information on printing techniques and equipment. We've trained people from all over the world to become screen printers and we can help you too.
Get started today!
If you are planning to get into the screen printing, t-shirt printing or sign making business, you may have asked yourself, is it better to start from scratch or buy an existing business?
Before you make your decision, consider some of the pros and cons.
ASPA Staff and others