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If you enjoy sewing clothes and other items, consider starting an alterations business. If you want to start an alterations business but do not know how to sew or alter, you can take some classes. Create a business plan, invest in high-quality equipment/tools/supplies, set reasonable rates, and constantly deliver excellent customer service. There are several reasons why you should begin an alterations business. It has reduced overhead costs, allows you to pursue your passion, improves your skills, and offers flexibility.