How to Start a Home Decor Business

The home decorating industry in America generates a solid $270 billion dollar market annually. People are choosing to spend more time at home, and more money on making that home what they want it to be. Home décor items are also becoming increasingly popular as gift items for family, friends, and office exchanges. If you look around you’ll see a multitude of products to enhance and embellish the home; from small trinkets to large décor items, there’s always something for everyone.

Knowing there is a market for these types of products is only the beginning of your decision to start a home décor business of your own.

You’ll need to decide exactly what facet of the business attracts you most; what do you like, what can you see yourself doing for many years. If you have training in design and decorating, you may be able to develop your own consulting firm, partnering with local businesses who will give you price reductions for the guaranteed orders you bring in. This is a type of career that takes dedication, and commitment to customer satisfaction. You will need to research the market for such services in your area, and decide whether the fees you can charge, will adequately compensate for the investment of your time and energy.

Alternately, you may choose to go strictly into a sales-oriented business, selling accessories for the home, which could range from figurines, to candles, fixtures, lamps, rugs, and small gift items. This option has the potential to be expensive to start-up as an individual, which is why many people decide to at least start out with an established company who offers good commissions, sales bonuses, and other incentives in return for selling the proprietary or specially selected items that they offer through home sales or parties.

How To Start A Home Decorating Business With Very Little Cash

Learning how to start a home decorating business with very little cash means having to be a little more creative about how to attract customers. The good news is that many people do not have the time to do their own decorating, so your services could be in demand. The main focus really should be on the things you have going for you, which hopefully are a positive attitude and a sense of professional pride.

Business cards are a very important part of working for yourself. They don’t have to be expensive and fancy, as all they need to do is tell potential clients your basic contact details. Another thing that might be a good idea, is to get a business license, which is something that might be useful.

For those who are also fans of interior design, it might be an idea to study the decor or the buildings in the local area, for clues as to the prevailing style. It might even be a good idea to take some classes and learn a little more, so that you have a solid foundation of knowledge and your subject.

Getting creative is something that is of great importance, especially when there is no money to advertise and attract customers. The best place to start is to look around your home and renovate it. Becoming a living example of your work is great advertising, can strengthen your belief and can form part of your portfolio.

Compiling a portfolio can be a daunting thought. However, in order to get work, and help with this most difficult of tasks, it might be wise to offer your services to friends and relatives at a low fee. If they have homes and offices that need work, it can keep you busy, and at the end of it you will have testimonials.

Anyone who has ever worked as an intern will know that you do not get paid a wage. However, you get knowledge and experience, which is something any prospective self-employed person might want. Being an intern for a company could help you to understand more about what is expected from you and how to attract customers.

An important factor in learning how to start a home decorating business with very little money is how to cope with a minimal advertising budget. Every self-employed person has to advertise, but those with less money need to be more precise about their clients. When starting out it could be hard to attract any customers, that’s why even a few leaflets, direct mail letters or posters might help. For those with no money at all it may come down to cold calling businesses.