Pros:
– Low startup costs. Haberdasheries don’t require expensive equipment or a large workspace to get started. This makes them ideal for entrepreneurs who want to start their own business with limited capital.
– High profit potential. Haberdashers can make a good income by selling quality items to their customers.
– Flexible hours. Haberdashers can set their own working hours and decide when they want to work, making it an ideal choice for those with other commitments or who prefer to work flexibly.
Cons:
– Limited customer base. Haberdasheries typically serve a niche market, which can limit the number of customers that can be reached.
– Limited product range. Haberdashers have to work with a limited selection of materials, styles and colors, so it can be difficult to create unique pieces for customers.
– Time consuming. Haberdashery can be time consuming due to the detailed nature of the work involved in creating each piece. This could be a problem for those who don’t have enough time to commit to their business.