I grew up sewing and crafting at my mother's knee. Decades later, I am still into crafting, specializing in paper crafts for the past two years. Going into business in the best of times is risky. In today’s economy, it can be scary.
Though challenging, going into business for yourself during a recession may be a viable solution to unemployment. Be sure you develop a detailed business plan. Take advantage of local economic development organizations. They can ensure you have considered all aspects of your business and to help you develop a solid business strategy.
Selecting which Crafts to Sell
You make quilts, and that’s what you want to sell, right? What’s the market for quilts? Can you make money selling quilts? How long will it take you to make a quilt? How much will it cost for materials to make a quilt? How much will you be able to charge for your finished product? There are many questions that have to be answered when deciding what inventory to stock in your craft business.
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