Pros:
1. Low Start-up Costs: Compared to other types of businesses, the costs associated with starting a screen printing business are relatively low. You don’t need huge amounts of cash to start up; basic screen printing equipment and supplies are fairly affordable and you can work from home with minimal overhead costs.
2. Creative Outlet: Screen printing is a great way to express your creativity and make some money at the same time. You can create custom designs for customers, print them on shirts, hats, bags, and other products, and earn good profits in the process.
3. Easy to Learn: Learning how to screen print is not as difficult as you might think. With easy-to-follow step-by-step tutorials and online resources, you can quickly master the basics of this craft and start printing shirts in no time.
Cons:
1. Limited Markets: Screen printing is a niche business and you may find it hard to break into existing markets. You’ll have to make sure your products are of high quality, otherwise customers won’t be interested in purchasing them.
2. High Competition: There are already a lot of screen printing businesses out there, so you’ll need to come up with a unique selling point to stand out from the crowd. You’ll also need to be aware of the competition in your area, and price your products accordingly.
3. Low Profit Margins: The profit margins associated with screen printing are fairly low, so you may struggle to make enough money in this business unless you have a lot of customers. You may need to find ways to cut costs and increase efficiency in order to make a reasonable profit.