* Make Money From Cross Stitch *
Cross Stitch Special Report Most cross stitch lovers will from time-to-time dream of making a living from their beloved hobby. But when reality kicks in, is such a dream practical? This report was written in late 2007 by a highly experienced and successful businesswoman who has also been a passionate cross-stitcher for many years. A rare combination indeed, and a person you need to listen to if you've ever considered making your living from stitching. In this report we give you the facts: from the list of considerations to bear in mind, to pricing your products and then selling & marketing them, plus essentials to setting up your own business, while not forgetting legal issues. We've included: - Introduction ~ "Can I Make Money Doing What I Love? The age old question for many stitchers. One thing's for sure, when you get to the end of this report you will have one of two answers: 1). "Oh Yes! This sounds really exciting! How Do I Start", or 2). "No thanks! This isn't for me". Either way, your decision will be clear cut and you'll know what you want to do.
- Considerations ~ Before you can seriously think about turning your cross-stitch and/or embroidery hobby into a business, you must first consider several factors that will directly affect your ability to create a successful and enjoyable business. These factors include:
- Copyright issues ~ "Copyright" issues can impact your stitching business in many different ways and can mean the difference between having and not having a stitching business. We give you an overview of the most important issues you should be aware of.
- Your labor costs ~ We describe a number of influencing factors here and then show you how to calculate your labor costs.
- Marketing costs ~ How you market your products for sale depends entirely on how you plan to sell them. There always are marketing costs involved, irrespective of whether you actually price them in dollars or your time. We give you the lowdown on how to calculate the different and varying marketing costs for both an online internet-based business and doing business offline locally.
- Other costs ~ There are other costs -- "overhead" costs -- that are the cost of items or services without which you could not do business. As an example the overhead costs for attending a Craft fair are considerably different than those incurred by selling through a consignment shop. We show you what those differences are, and how to keep them to a minimum.
- Pricing ~ How to price for profit! You'll find this ever so easy to figure when you follow our simple formula and worked examples.
- Selling Options ~ Most stitchers take pot luck here, when there's no need for them to do that. We show you several options and how to get ahead of the competition in each:
- Stitching clubs ~ Being a member of a stitching club can be a lot of fun. And you can make money by harnessing the talents and expertise of your fellow club members -- we show you how.
- Craft shows ~ When it comes to selling, some craft shows work - most don't! We show you how to choose your shows wisely. How to give yourself the best chance to make a tidy profit.
- Selling on consignment ~ This option can either be lucrative or a rip-off. We show you the questions you MUST ask before placing your valuable products in the care of a craft shop or store.
- Internet auction selling ~ There's a growing number of internet auction sites, with eBay being the largest. We give you tips and techniques on how to find the best categories to sell your products, and how to make your entries stand-out from the crowd, which obviously increases your likelihood of getting that sale.
- Setting Up Your Business ~ You cannot just start a business! There are government regulations to follow, forms to complete, fees to pay, and taxes to track.
You'll need at the very least a basic form of accounting and of course there's a question of supplies: patterns, threads, fabrics and so on. How much stock should you hold?
We give you lots of solid advice on the best course of action for each of these vital points - any one of which could seriously affect the likelihood of success for your new business.
- In Summary ~ Having described everything you need to consider in the previous sections, we give you a plan of action to help you make that final decision.
- ... and lots more.
This superbly written, close attention-to-detail report is a must-read for anyone considering living their dream. *****************************
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