Know Your Accounting and Financial Strength Precisely
This point is very important. I believe that it is fundamental to be able to create a solid and profitable business plan. Since starting your venture to start a funny t-shirt business, you must have your budget and clear periodic accounting management.
Within this point, I also recommend that you be clear of all the costs incurred by your funny t-shirt business such as clothing, printing, labeling, branding, stationery, transportation, etc. Do not be fooled or surprised by similar products that you will find daily and may have lower costs. In all markets, the new competitors try to lower the prices or quality to gain the customer base, but they have no experience or professionalism. I see daily new entrepreneurs, but the vast majority do not follow the correct procedure to grow their funny t-shirt business and they quit in a short time.
How many customers do you want to get this year? How many funny t-shirts do you plan to sell? What zones do you plan to reach? In fact, there are many more goals. You must know which ones serve you the most and will help you in your plan to start a thriving funny t-shirt business. There are other objectives such as the attainment of people who help you market i.e. sellers, freelancers, partners, etc. Anyway, when you are clear about your goals, things are made easier for the reason that you simply have to chart a path to goals.
Never Give Up and Always Enjoy What You Do
Almost every business, when it starts, has to strive to penetrate in the market and this is not a matter of days. Usually a business reaches its balance point between one and two years, but this does not mean that it is a universal rule. Depending on your project and market niche and including a great effort on your part, it is very likely that you can reach your goals in less time.
Many people are desperate and do not enjoy what they do. It is true that we all work to get money, but the most important thing is to enjoy what you do for the reason that it is the only way to be creative and motivated. Life is just one, so you have to enjoy what your do and especially your business of funny t-shirts as it is itself a fun thing to do.