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Start A T-Shirt Business In 2020
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Start A T-Shirt Business In 2020

About the T-Shirt business industry

The T-shirt industry is very attractive because it is lucrative.  The statistics show that sales amounted to over 3 billion dollars globally in 2019.  The industry shows no signs of slowing down and upward growth in sales is expected between 2020 to 2025.

The industry is global, thus allowing anyone around the world to succeed. One easy method is to do online design and work with a dropshipping company. This means that designers can register with a T-Shirt drop shipper and upload their designs to the website. This is a rather easy business model, in my opinion.

In return, the dropshipping company orders the T-Shirts and handles the payments and deliveries.  The designer does not need to pay overhead costs in the online t-shirt design model.

People without graphic design skills can become involved since there are a plethora of free and/or paid designs available. One of the easiest methods for designing is to add text-based designs like names, occupations, birthdays, animals, and work up from there.

Designers also have access to a myriad of  T-shirt design apps and tools, and free tutorials online to get started.

Clickbank Marketing Tools

Start A T-Shirt Business In 2020

How many designs do you need to start a T-shirt business?

You need to start off with at least a few designs, I would say at least five. In fact, you can easily start with one. One of the beauties of the industry is that a single graphic design can be sold on different types of T-shirts and other products.  This increases your earning potential. For example, your design can be applied to classic T-shirts, crew-neck  T-shirts, v neck T-shirts, Kids’ T-shirts, baby one-pieces, and hoodies. Some companies also offer dozens of other products like face masks, and home decor items such as throws, bath mats, and wall art. The company that I dropship with offers dozens of free premade templates that you can customize to your liking. You can also select designs from Shutterstock and pay royalty fees to the designer when a sale is made. I use free online design software to craft my ideas. You can also use it as there are dozens of templates and ideas. They also provide free tutorials.

Maple Leaf to build $310 million plant-based protein plant – Food Business News
News

Maple Leaf to build $310 million plant-based protein plant – Food Business News

MISSISSAUGA, ONT. — Maple Leaf Foods Inc. and its wholly-owned subsidiary Greenleaf Foods, SPC, has unveiled plans to build a $310 million plant-based protein food processing facility in Shelbyville, Ind. Once constructed, the 230,000-square-foot facility will be the largest facility and investment of its kind in North America, Maple Leaf said. It is expected to double the company’s current production capacity.

The Shelbyville facility will make tempeh, franks, sausages, and raw foods, Maple Leaf said. The Lightlife Plant-Based Burger, which was introduced earlier this year and was described by Maple Leaf as the “most significant innovation launch” in its 40-year history, also will be produced at the plant. The Lightlife Plant-Based Burger is made from pea protein, coconut oil, and beet powder and has a juicy, beefy texture, according to the company.


Maple Leaf to build $310 million plant-based protein plant – Food Business News

“With Lightlife and Field Roast, we own the leading brands in the North American refrigerated plant-based protein market,” said Michael H. McCain, president, and chief executive officer. “This investment will secure our ongoing leadership in this rapidly expanding market. By establishing a large-scale North American network, we will continue to meet the rapidly growing demand for delicious protein alternatives and create a center of excellence for innovation. It will escalate the financial contribution of this

Maple Leaf said the new facility will be supported by approximately $50 million in government and utility grants and incentives, including $9.6 million toward capital and one-time start-up costs, and approximately $40 million in 10-year operational support. The company said it expects to incur one-time start-up costs of $34 million. The investment will be funded through a combination of cash flow from operations and debt, Maple Leaf said.

Construction on the Shelbyville plant is expected to begin later this spring, with production start-up anticipated in the fourth quarter of 2020.

In addition to the new plant, Maple Leaf said it is investing approximately $26 million to keep pace with ongoing growth in demand at its existing facilities.

Overall, the expanded network is expected to deliver a return on capital for shareholders in the range of 13% to 16% through 2024, the company said. By 2022, the adjusted EBITDA margin of the company’s plant-based protein network is expected to be in line with Maple Leaf’s overall EBITDA margin target of 14% to 16%.