Office Space Expenses

$0

$7,000

Inventory Expenses

$350

$14,750

Software Expenses

$150

$2,794

Website Costs

$13

$215

Advertising & Marketing Costs

$0

$2,450

Total Startup Costs

$513

$27,209

Saks Fifth Avenue

saksfifthavenue.com

3,681

DesignBUNDLES.net

designbundles.net

7,990

Unblast

unblast.com

10,159

Silhouette Design Store

silhouettedesignstore.com

32,986

Tadashi Shoji

tadashishoji.com

46,032

Suratfabric.com

suratfabric.com

111,663

Marvelous Designer Official Site

marvelousdesigner.com

183,570

RoseWholesale

rosewholesale.com

299,615

CountryCurtains

countrycurtains.net

340,592

Nike Factory

nikefactorys.us

1,490,532

Church Suits, Church Dresses, Church Hats

designerchurchsuits.com

1,701,820

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

Ability to start your business from home

It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!

Little startup costs required

The cost to start a designer lace business costs significantly less money than most businesses, ranging anywhere from 12 to 27,209.

Rewarding work

Starting a designer lace business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

Traffic to your website

A designer lace business gives people a reason to visit your website and to keep coming back to you!

Crowded Space

Competition is high when it comes to your designer lace business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Finding The Right Supplier

Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.

Security Issues

With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.

Lack of benefits

With a designer lace business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Isolation

Often times, as a designer lace business, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a designer lace business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.