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Personal Service Business Idea: Custom Tailoring and Alterations

Here is a service business idea for the person who loves to sew. According to the Association of Sewing and Design Professionals, the majority of their 500 members across the United States and Canada run home-based businesses. This industry has seen a real spike in revenue over the last decade, because of the media focus on fashion, home décor and above all weddings. Custom tailoring and altering bridal gowns has become a big business. With clothing, be made around the world for people of all shapes and sizes, alterations businesses have seen growth as more people shop in discount retail stores that no longer offer their own free alterations.

What you need to know about this business

This estimated startup costs for the business are between $500 and $1000.

The estimated first year revenue is between $30,000 and $80,000.

The rate of hourly pay will vary from $20 to $75per hour.

All payments should be received by the end of the project.

For new customers get a down payment when the order is placed.

You will need to establish a schedule of days for customer appointments.

By setting a side specific days and times for customer appointments and fittings, you are creating days available for you to just sew and get work done.