Strategy November 05, 2024
A Comprehensive Guide To Buying Apparel Decoration Equipment
From knowing the right time to invest to asking vendors the right questions, there’s plenty to consider before investing in a new piece of equipment for your print shop or promo distributorship.
If you’re new to the wide world of apparel decoration, and you’re looking into investing in some new equipment, this article is for you. And if you’ve been in the biz for a while, and you’re looking at expanding your horizons and bringing a new print process in-house, this article is also for you.
In this feature from Apparelist’s Allee Bruce, experts in screen printing, embroidery, heat printing and digital printing (both direct-to-garment and direct-to-film) recommend considering some of these key factors before making a purchase:
- Assessing Timing & Growth: Evaluate whether your current equipment meets production demands and aligns with your business growth projections. Upgrading may be necessary if existing technology is outdated or insufficient.
- Understanding Equipment Requirements: Different printing methods – such as screen printing, embroidery, heat printing and digital printing – have specific equipment needs. Ensure you comprehend the full scope of equipment and accessories required for your chosen method.
- Evaluating Total Cost of Ownership: Consider not only the initial purchase price but also ongoing expenses like maintenance, training and space requirements. A comprehensive financial analysis will help determine the long-term value of the investment.
- Ensuring Scalability & Support: Select equipment that can grow with your business and is supported by reliable technical assistance. Inquire about warranty coverage, maintenance services and potential for future upgrades.
- Exploring Financing Options: Understand various financing methods, such as leasing or loans, to manage the financial impact of new equipment. Consulting with financial advisors can help identify the most suitable option for your business.