So it may require a little bit of capital at first to get started, unless you are lucky enough to already start with a great stash and have all the required knitting needles in the sizes you want. Make sure you are comfortable with the start-up costs before beginning your business. You could take out a loan if you need to, but I would recommend just buying things as you need them, so you can begin to make a profit sooner.
Think about who your audience would be. Are they hip trendsetters looking for something unique that no one else has? Are they stay-at-home moms who want something beautiful and handmade to give to their children or friends? Are they grandmas who love hand-knitted items because of the memories it brings them of their own mom’s knitting? Are they science fiction nerds looking for that specific cap they saw in that one movie trilogy that got discontinued? Or are you knitting for a specific shop that caters to crunchy granola type women?