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How To Start A Clothing Business

 

Starting a clothing business can be fun and is a great way to turn your stylish skills and creativity into a career. And it’s now more accessible than ever, for new start-up business owners to sell their own designs and make a profit. 

  1. Overview
  2. Pros and Cons
  3. Qualifications
  4. Research
  5. How much can I earn?
  6. How much does it cost to start a clothing business?
  7. Choice of Business Structure and business plan
  8. Branding and how to market your clothing business
  9. Red tape
  10. Conclusion

 

Do you have a passion for fashion? Constantly doodling new designs on till receipts and the back of envelopes? Many fashion designers have started off in their own bedrooms and there’s no reason why you too can´t be a successful designer and manufacturer.

  • Potential Annual Revenue: £18-30,000
  • Startup Cost: £1,000-£2,500
  • Time To Revenue: 4+ months 
  • Annual Market Growth Rate: %
  • Best for: Hard working, artistic, focused, self-motivated entrepreneurs

 

In the United Kingdom, the fashion and textile industry contributes over £21 billion to the economy. Employing 500,000 people in England, Wales and Scotland, broken down into, 88,000 employed in manufacturing, 62,000 in wholesale, and 413,000 in retail.

 

 

You´ll be in good company starting your own clothing business as the fashion and textile industry is dominated by SMEs! Most of these businesses are micro businesses (with up to 9 people) in retail, wholesale and manufacturing. 

There are many ways to sell clothes, finding out what will work best for you is often down to finance. Will you go online? Rent a shop? Have a pop-up in a local market or shopping centre? Rent space in a larger shore?

Our easy to understand guide will take you through the process of setting up your own beloved business in the ever-evolving world of fashion.

 

tam.coutts@thecompanywarehouse.co.uk:
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