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Topic: Offer: Need a Dog clothing Sample maker & Ques. about profit reinvesting  (Read 1340 times)
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ugot?
« on: May 09, 2004 05:15:08 PM »

Greetings All,
I just joined this board, and although I do not (can't) physically make anything myself I have found the posts very helpful and informative. My strength comes from creativity in design and business. Unfortunately, I do not have the ability to construct my designs.
I have 2 questions / issues:
Staff related:
1. I need a dog clothing sample maker - I have specific designs for coats, tshirts, sweatshirts etc. and would like to hire someone at a reasonable price to produce a sample of each of my designs. Past experience would be helpful, as I will require assistance in sizing. If you are out there please contact me via email.
Business related:
2. I currently sell dog clothing made by various other companies, and am making a profit. I started selling the other items, as a way to "fund" my own line. My question is "How much/percentage of my profit do I pay myself, and how much do I save towards the production of my own new line?". Currently I keep just placing re-orders, and not saving or using much for myself or new venture.

All and any help is much appreciated...Thanks! :-)
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clumsy
« Reply #1 on: May 09, 2004 05:29:11 PM »

i'm not really sure i understand your question entirely. are you asking whether you should keep the profits from your sales for yourself or reinvest them into the business?

if that is your question, usually in order to make a business grow in the beginning all profits are reinvested into the business. usually for the first while (say the first 2 years), businesses don't actually turn a profit. sure you make money from your sales, but that money just gets put straight back into the business.
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ugot?
« Reply #2 on: May 09, 2004 10:25:57 PM »

Sorry for not being more clear. There are 2 businesses - 1 that retails other designer's items, and a start up business of my own designs. The "retailing" of other designer's items is turning a profit. I am just starting up the 2nd business of my own designs. I am doing both these ventures full time with no real outside income. So my question is: Regarding the profits made from retailing other designer's items - How much/percentage of that profit do I pay myself as a salary, and how much from that retail profit do I save/invest towards the production of my 2nd business- my own designs own new line?
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Goddess
« Reply #3 on: May 10, 2004 12:47:49 AM »

it's best that if you are running them as separate businesses, that you keep the finances separate as well. That's how I deal with my businesses and it becomes very clear very quickly what you are doing right and what you are doing wrong.
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Joopaloo
« Reply #4 on: May 11, 2004 11:36:46 AM »

I know that you are making dog clothing so I don't know if this will help. But you could try www.apparelsearch.com. They specialize in clothing for the fashion industry but maybe you'll still be able to get some leads. Afterall, it's dog fashion isn't it??? Smiley
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scandibird
« Reply #5 on: May 11, 2004 11:56:10 AM »

I apologize for hi-jacking the thread, but I really fancy making a dog 'jacket' and was wondering if anyone knew of any good patterns or directions online...? 
Sorry, ugot?. Good luck with your ventures though!!
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ugot?
« Reply #6 on: May 11, 2004 01:59:35 PM »

I apologize for hi-jacking the thread, but I really fancy making a dog 'jacket' and was wondering if anyone knew of any good patterns or directions online...? 
Sorry, ugot?. Good luck with your ventures though!!
Some past forum threads that may help:
http://www.craftster.org/forum/index.php?topic=3322.0
http://www.craftster.org/forum/index.php?topic=2607.0
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scandibird
« Reply #7 on: May 11, 2004 03:01:30 PM »

ha! Thank you ugot?...

and from now on I promise I'll never ask a question again until I have searched properly... *goes off to type that 250 times in a word document*
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