Business plan for tailoring
People almost regularly buy new clothes, why? It’s simple, because old clothes wear out and tear. For the female half of the population, things are a little more complicated: clothes can go out of fashion or not coincide with the mood of the hostess. With children, too, the situation is not simple: the baby is growing rapidly, so you always need to update his children’s wardrobe. With all this, a business plan for tailoring should be focused on quality, and clothing should be made of natural fabric, without toxic dyes and high strength.
Firm on tailoring can easily solve the off-season problem of updating wardrobe. If a person has no problems with design ideas and the makings of a manager, then he may well, having drawn up a business plan for a clothing company, open it.
It should be noted that with the end of the crisis, there was a good groundwork for the revival of this business and sales growth. But when the market structure changes, the middle segment will disappear and the luxury and mass market will appear. For reasons of serious competition, clothing of the mass segment will become better. Even now, Russian-made clothing is better than Chinese or Turkish counterparts. If you are confident in the quality of the clothes you will be producing, then you should start writing a business plan for the clothing company.
Business plan for tailoring
Start with small volumes. Even a small garment industry will require quite serious investments, which should be described in detail in the business plan of the clothing company. The room should be bright and spacious. As an advantage, it can be noted that garment production can be located in a remote area with a low rental price, but with good transport links.
One of the main investments envisaged by the business plan of the firm for the tailoring of clothes will be the purchase of sewing equipment. In the aftermath of the crisis, good used equipment could be bought for $ 4,000. This purchase will be more profitable than the purchase of new equipment for $ 10,000. But in this situation, it should be noted that the equipment may become obsolete morally and become unable to perform new and popular types of work.
It should be decided and noted in the business plan: will you produce under your own brand. For the registration of the brand, you will have to pay from 300 to 1500 dollars. Summing up all the costs of a business plan, you can come to the conclusion that the minimum amount you need to have is $ 15,000.
A large proportion of the costs, I agree to the plan, will go to fabric and accessories. To start the sewing shop, you should buy fabrics for 4000-5000 dollars. According to the piece-rate payment system for the issuance of salary, the dressmaker will take $ 400 a month. The amount of rent will be 300 dollars. To this should be added the cost of packages, labels, care instructions, etc.
Business plan for tailoring
Particular attention should be paid to the fact that you can choose and specialize in only one type of clothing or to establish a wider production. Narrow specialization will help you to significantly save on reconfiguration of production, but it is worth remembering that this type of work can easily bring the glut of the market with this particular product.
When calculating the business plan of the clothing company, it should be noted that shops above all else will adjust the trade allowance. Therefore, the final price for clothing should not be higher than the average price for the region.
Once your brand becomes recognizable and gains confidence in the clothing market, then you can raise the price. The profitability of your clothing business will grow, and investments will pay off in a year. This is what your business tailoring plan should be guided by.
