How To Start A Clothing Line Business?

nikki · Apprentice Joined: 09 Oct 2004 Posts: 8

I have worked hard for the pest several years. During that time, I managed to save enough money to invest in a business. Since my wife knows pretty much about clothes, we were thinking of starting a clothing line business. However, neither me nor she has much knowledge about how to start a business. So, if anyone could help a bit, it would be really great.

reinhard · Apprentice Joined: 12 Nov 2006 Posts: 11

Starting any business is always risky, especially if a person does not do all the necessary steps to make it a successful one (although it is rarely a guarantee). There are several really good guides on the internet you can use as a start, and after that move on if you feel like it. One of the best places is http://www.powerhomebiz.com/vol66/clothing.htm, where you will find lots of useful information. Also, one of the good places you might visit is www.entrepreneur.com where you will find some general tips on starting a business. It is certainly a great addition to the first site I mentioned. I think the two is enough for start. Best of luck.

fred333 · Apprentice Joined: 31 Dec 2007 Posts: 20

I think it is all about preparation. You need to do a solid business plan and make sure the need and customer base is there.

Nikimathew · Apprentice Joined: 20 Sep 2008 Posts: 2

Morning commuters, stopping in for their first cup of coffee for the day. Friends pausing from the bustle of life to enjoy lattes and catch up. Students burying themselves in their studies, mugs of coffee and tea in hand. In the evening, an acoustic band plays for a packed house of coffee consumers, each enjoying a brownie or lemon bar or slice of pie on the side. That is the magic of a coffee shop. It can transform a storefront into a neighborhood anchor where people converse and share and learn, all while enjoying the nuances of their coffees or teas or espresso-based drinks.
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Nikimathew

sajidali · Apprentice Joined: 26 Sep 2008 Posts: 1

Hi Everyone!

I have collecting these points which i think are helpful for everyone who want to start a new business or have setup it. this will be informative for both of them. Review it it will help you out.

Commencing a new business can be easy or difficult and the most essential step when starting a new business is to have an effective business plan. So the question arises, what actually is a Business Plan?

A business plan includes an outline of the goals, expected expenditures, promotion materials and even the exit plan. As the business proceeds, these aims serves as a map and measure and it also helps the company be continuously reminded of their priorities.

The fundamentals of making the business plan will depend on the type of business being ventured on. It will also depend on what is proposed by the capitalist.

Here are some of the guidelines that might help in coming up with an effective plan especially for a start-up or a new business: -

Taking care of Vision and Mission:
In any organizational venture, the vision and mission is the first thing to take care of. This shall indicate the direction of the company’s business, what are their goals, purpose and expected achievements.

Giving an Introduction:
Give a brief and comprehensive summary of how the plan or company came into existence. On what basis is the idea for the business? Who are the people linked and in charge of the idea? Why did you start a new business?

Define the Goals and Objectives of the Company:
Define both the short-term and long-term goals and what are the factors to focus on immediately? In long-term period which areas will have to be addressed? How long will be the expansion time of the company? When is the expected date of realizing the profits?

Special attention to Products and Services:
It is vital to give special attention in presenting the products and services the company plans to offer and discuss the features of these products or services. Describe how your products and services will compete in the market and how the company shall react to the needs and demands of the market. This factor will be best supported by a market research that includes the appraisal and evaluation of the requirement for the product and services.

Short Biography of the Management:
The plan should also include a short biography of individuals in the management. It should provide the names and backgrounds of every person and indicate the positions and responsibilities they have to fulfill.

Implementation of Marketing Strategy:
An effective plan must also show the marketing strategy that shall be implemented. This will indicate how business is maintaining its place in the market. Promotional materials should be properly defined, whether it will utilize the print, television, Internet or the combination of all three.

Financial forecast given for a target period:
The usual periods taken are three-year or five-year terms for the forecast of financial period. It includes spreadsheets, formulas, statements and even some assumptions that involve technical assistance. This part should be prepared carefully and professionals should be consulted if required to ensure that this is properly worded and presented.

Strategy of Alternative for the Company:
This is often be called as the exit strategy. It is a section that defines the alternative of the company. It also lists down the standards and situations when the company will have to end. Specific income generation, a target figure or even some actions that will be decided upon by the company leaders are the basis of this strategy.

Thorough Revision of the Factors Defined:
When the plan is developed, now it is time to give it a thorough revision. Examine the people and their responsibilities related to your business, on what basis is your business going to start and the possibilities of the challenge the business would have to face in the market? This will help in making an effective and efficient business plan as it ensures cohesiveness of ideas and an intuition that one knows the business well.

muqtada123 · Apprentice Joined: 08 Apr 2009 Posts: 11 Location: UK

hey whats up!

Daniel85 · Apprentice Joined: 13 Aug 2009 Posts: 1

Starting up a new business is really a very big task. One should be very keen in their plan and should have some basic knowledge on the product with they are planning to do the business in..

Damini · Apprentice Joined: 02 Sep 2009 Posts: 2

I have no experience neither. I just want to miss you goodluck in your endeavor.

Cecil5 · Apprentice Joined: 19 Sep 2009 Posts: 1

I have no experience too.. by the way, I am new here. My name is Cecil, I'm 27 years of age. And I am hoping to make some wonderful friends along the way. I hope to get to know everyone here. Hope to have a great time here. Nice to meet you all here guys! Laughing

mdniaz · Apprentice Joined: 01 Dec 2009 Posts: 4

Before you jump into the business, you should actually start networking for this. If you are interested in the clothing business, take steps to know people in this sector, connect with suppliers, compare pricing and other benifits with different suppliers...

It is not enough to have the capital in the hand. It is more important to know the people; otherwise, your capital doesn't have any use.

alpinto · Apprentice Joined: 21 Dec 2009 Posts: 1

i am new to this community..
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albert pinto

JohnTaverner · Apprentice Joined: 09 Mar 2010 Posts: 2

I am business student and know what is required to start the business. First of all plane that what to do? Then how to do?, Where to do? and how to do? all are basic question to start the business.

How To Start A Clothing Line Business?

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