One of the most difficult things to manage when it comes to managing your business is knowing when to scale up your operations. As long as you focus on providing an excellent product to your customers, there’s a good chance that you’ll reach a stage where you have a lot of capital saved up. If you’re making a lot of profit from your business even after paying off all your monthly expenses and material costs, then you’re likely going to think about scaling up and growing your business. This can be enticing for many people, but head into this endeavor too early and you could potentially destroy your business.
So in this post, we’re going to take a look at three signs that you’re ready to scale up your t-shirt printing business.
- Your current space is getting too cramped for your needs
Unless you’re already working out of a small space such as an apartment or a tiny garage, you’re going to want to scale up at some point so you have more space. This can be used to store blank shirts, work with more printing equipment, or even hire a couple of employees to help you out. You’re going to need to find a suitable location, such as a warehouse, and also kit it out with some accessories such as linear led high bay lights to light things up, large shelves, storage boxes, and also your printing equipment. Once you’ve put together a large workspace, you’re going to have a much easier time with your printing.
- You’re constantly running out of stock
While manipulating your stock can be an effective way to generate hype around your products, it’s important to remember that you also need to be able to provide products to your customers, or else they’re going to look for alternatives. You’re also limiting your potential income if you manipulate your stock too much. If you’re constantly running out and have lots of customers waiting to buy your goods, make sure you prepare to scale up your business so you can serve more people. Scaling up your business will allow you to stockpile more items, create shirts on-demand, and also produce them more quickly.
- You’re doing too much work yourself
A lot of t-shirt printing businesses start with just a single person and an idea. They might start using DTG services and drop shipping their products initially, but they might eventually move to screen printing and other methods to provide a higher-quality product. In this situation, you’re going to eventually need an employee or two to help you out. You might also look into specialists that can help you manage your social media accounts or even do your accounting for you. If you find yourself doing everything yourself, then it’s a good idea to think about how you can offload some of those tasks so you have more time to focus on growing your brand and developing new products.