Business Idea: Umbrella Manufacturing

Audio Seminars & Business Podcasts Advertising Business Ideas 09.01.2014  0 63 0
Business Idea: Umbrella Manufacturing

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Creating a Successful Umbrella Manufacturing Business

Zont – an indispensable item in everyone's life. The trend for this accessory will never fade away, and a counterpart to this wonderful, convenient invention of mankind has yet to be invented.

Starting an Umbrella Manufacturing Business

Embarking on a business venture to produce umbrellas requires modest capital investment. According to expert assessments, the income potential can be stable and continuously growing. The key lies in carving out a niche, using quality components, and attracting customers with the originality of shapes and colors.

Components of an Umbrella

An umbrella consists of four basic parts: the frame, the fabric canopy, the shaft, and the handle. Umbrellas vary in size, folding mechanism (automatic, semi-automatic, double automatic), number of ribs, and sections of the shaft. The components are made from various materials such as fiberglass or aluminum for the ribs, wood, plastic, or metal for the handles, and polyester fabric that mimics silk or satin for the canopy.

Setting Up Your Business

Establishing an umbrella production business requires space and staff. Since the umbrella assembly process is relatively simple and manual, expensive specialized equipment is unnecessary. Primary investments will be directed towards acquiring professional sewing machines, cutting tables, storage racks, fabrics, sturdy threads, and hardware.

When it comes to the manufacturing process, it is advisable to focus on mid-range umbrellas to compete effectively in the market. By emphasizing quality, design, and exclusive elements like handcrafted details, your products can stand out. Sourcing fabrics from other countries and importing mechanical components from Poland, Germany, Austria, or Italy can enhance the overall product quality.

Staffing and Location

You will need skilled sewers (3-4 individuals), two umbrella canopy cutters, with one potentially handling packaging, and a quality control technician. It is advantageous to establish your umbrella workshop in a region with lower rental costs and labor expenses.

Operational Considerations

Divide your facility into work and warehouse zones. Include transportation costs for material deliveries and product pick-ups in your business plan. The profitability of umbrella production business should aim for at least 20 percent return on investment, achievable through a sound marketing strategy and a focus on high-quality assembly and materials.

With the right approach and commitment to excellence, your umbrella manufacturing business can break even within a year of operation.

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09.01.2014  0 63 0
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