Home monogramming and embroidery business

Individuals buying gifts for weddings, babies and birthdays, plus small local groups like sports clubs and dance schools.

A set price per item or per name, with extra for premium items you supply. Gift bundles and repeat orders at peak times like Christmas and Mother's Day add up.

• Patience and an eye for detail
• Learning embroidery software and machine setup
• Clear communication on spelling and colours

• Check with your local council whether you need approval to run a business from home
• Public liability insurance, especially if customers visit or you sell finished products
• Spelling mistakes ruin an item, so get written confirmation of every name before stitching
• Avoid copying logos or characters you do not have permission to use
• Register for an ABN, and check when GST registration is needed as your turnover grows

Startup costs are typically around $1,500 to $6,000, depending on the embroidery machine, software, thread and blank items you buy. These are estimates, so compare machine and supply quotes before you spend.

Monthly revenue is typically around $400 to $3,000, depending on how many orders you take, your pricing and whether you sell to individuals or local clubs. This is an estimate, and many people start at around 8 hours a week.

Check with your local council whether you need approval to run a business from home, and look at public liability insurance. Also check you have permission for any logos or characters, get written confirmation of spellings, and register for an ABN and check GST timing.