It's that time of year again when I close up my longarm business for the summer so I can spent more time with my family. Our summers are very short up here so I want to enjoy it as much as I can. I won't be blogging as often as I usually do but I will have a few personal quilting project to share over the summer and maybe some fabric dyeing too.
I reached a great milestone with my business this month and that was to pay myself back for the purchase of my Millennium. I had saved up to buy my Mille and I wanted to keep track of how long it would take to pay myself back. I bought my longarm new 3 1/2 years ago and with exchange, duties and shipping it cost me $20,000. On the APQS site it states that if you quilt 10 queen size quilts a month you can pay off your machine in one year. But that isn't exactly true....what about your expenses? If your thinking of starting a longarm business I believe a more realistic goal would be 2 1/2 years to pay off your machine at 10 quilts per month. It took me longer as I take 3 months off a year, have a large supply of threads, batting and pantos, and I really like to have time to work on my own projects so 10 quilts a month is my limit. Another large expense is insurance! For me to run my business and have clients come to my house, which was very important to me, I have to pay $600 a year on insurance. So there are a lot of expense to consider when figuring out how long it takes to pay for a longarm machine. I thought this might be interesting to those of you considering this as a business.
So to celebrate this milestone I thought I would get a tattoo! LOL....no not for me... for my Mille :)
Urban Elementz sell this great tattoo decals and I thought it would be fun to decorate up my machine.
I though I would end this post with some pictures I took while kayaking on our lake a few days ago as this is what I'll be doing instead of quilting the next two months!
Hope you have a great summer....or winter if your down under.... not that you can really call that a winter ;)