Start A Lettering Service Business - Business Ideas

Pat Walls

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Updated: September 15th, 2022

Start A Lettering Service Business - Business Ideas

Start A Lettering Service Business

Starting a lettering service business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell lettering service , or selling lettering service online, you can use this page as a guide for everything you'll need to know.

Key Stats

starting costs

$10.9K

gross margin

65%

time to build

210 days

Startup Costs

	Min Startup Costs	Max Startup Costs
Office Space Expenses	$0	$7,000
Equipment & Supply Expenses	$66	$700
Inventory Expenses	$50	$9,750
Software Expenses	$12	$575
Advertising & Marketing Costs	$0	$3,000
Website Costs	$13	$215
Specific Industry Expenses	$0	$500
Total Startup Costs	$141	$21,740

See all startup costs ➜

Successful Businesses

Business	URL	Rank
Lumen	lumendatabase.org	#14,934
Handwrytten	handwrytten.com	#140,585
American Service Pets	americanservicepets.com	#377,260
LetterDash	letterdash.com	#548,979
LetterHUB	letterhub.com	#1,086,996
Send Armor-Piercing Handwritten Letters from Salesforce	letterfriend.com	#1,571,394
Client Services, Customer Relationship Management	clientservices.com	#1,733,893
Lily Mei for Fremont Mayor	lilymei.org	#1,842,762
Direct Mail Marketing \|New Jersey Lettershop	aplusletter.com	#1,843,792
WORDS ANYWHERE	wordsanywhere.com	#2,341,596
PostalMethods	postalmethods.com	#2,655,997

See all businesses ➜

Pros & Cons

Pros	Description
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!
Rewarding work	Starting a lettering service 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.
Meaningful business connections	You never know who you will meet as a lettering service business. This could be the start of an incredible business opportunity!
Quick build time	The average time it takes to build your product is quick - typically around 7 months. This will allow you to bring your product to market faster.

See all pros ➜

Cons	Description
Crowded Space	Competition is high when it comes to your lettering service business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Low margins	The gross margins for your lettering service business are typically around 65%, which can make it more challenging to incur new expenses and maintain profitability.
Work can be inconsistent	As a lettering service business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.
Lack of benefits	With a lettering service business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Taxes	As a lettering service 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.
No safety net	Typically, as a lettering service business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.

See all cons ➜

Pat Walls, Founder of Starter Story

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