Tuesday, December 31, 2019

Starting A Business Essay - 1298 Words

Starting a Clothing Line Business Apparel manufacturing is one of the most in-demand businesses today. Find out how to start and run a clothing business. The First Step Apparel manufacturing remains one of the most in-demand businesses today. According to the American Apparel and Footwear Association (http://www.americanapparel.org), apparel sales for 2000 reached $315 billion, representing a 90% growth from its 1990 levels. Starting a clothing business is just like any other business: you need to have the resources to jumpstart your vision, skills and know-how in managing the business, and marketing savvy to promote the business. You must also have a business plan that will serve as your detailed guide that will walk you†¦show more content†¦Find out how to start and run a clothing business. The first step you must take is to determine what kind of clothes you want to manufacture. Ascertain if there is a market for your proposed product. You must be able to define your specialty, both in line and price category. The market for clothes is as varied as the demographic segmentation of the population. Will your focus be based on gender (girls or boys; and women and/or men) or age (baby clothes or granny clothes)? Are you planning to create clothes for infants or apparel for large women? Do you intend to create apparel for pre-teens, career professionals, or school clothes? The market is so wide and varied. You can design clothes for a specific niche market. You can venture to create apparel for sports enthusiasts and athletes. Even then, you still have to decide whether you will design golfing apparel, tennis outfits or swimwear. With the increasing popularity of yoga, yoga clothes are very hip nowadays. The scope of your product line also needs to be considered. Are you planning on designing a full product line, separates or coordinates? The type of distribution will also dictate the kinds of clothes you will offer. Note that where you sell your products will depend largely on who your customers are. Will you sell your clothes exclusively or will you use other distribution methods?Show MoreRelatedBusiness Plan For Starting A Business1168 Words   |  5 Pages Entrepreneurship When starting a business there are a number of factors to determine in order to ensure its success. To start, the entrepreneur should determine a business plan with a well developed idea After determining the business plan, they then should look at the three basic forms of owning and running a business: sole proprietorship, partnership, and a corporation. A sole proprietorship is a business ran single-handedly by one owner. There are partnerships, where two or more parties collectivelyRead MoreBusiness Objectives Of Starting A Business810 Words   |  4 Pagesthat when starting a business, the following items must be addressed: 1. Mission Statement Develop a simple statement that will express the business’s vision and convey the company big picture. This allows the mission statement will put the vision into words and set the tone for the company objectives. The mission statement becomes the blueprint for the core values of the business and helps to establish a code of conduct. 2. Setting Business Objectives It is important that business objectivesRead MoreStarting And Naming A Business Essay879 Words   |  4 PagesStarting and Naming a Business Shania Jackson is interested in starting a Christian coffeehouse near Denver, Colorado. A few family members and an acquaintance, both believers and nonbelievers, have expressed interest in investing and become a part of her business. She has researched franchise opportunities with various stipulations as a method for starting her business. She is also considering naming her business â€Å"The Gathering Place†. 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The idea first developed when I realized that corporations are constantly gaining immense amounts of information every year with difficult means of managing it. The task will be a lengthy process and consist of many downfalls and cooperation of many team members to produce the desired outcome and effect on the market. Many elements are combinedRead MoreStarting a Business Essays217 6 Words   |  9 PagesIntroduction More and more people are beginning to open their minds to new business ventures. It seems like it is becoming the popular move. By opening a business there could be huge profit to be made, depending on the market. On the other hand, there are risks and losses that may occur as well. It is said that there are two reasons why people start a business. The first reason is because they have inspiration for what they believe would be a great idea and the second is from desperationRead MoreAdvantages of Starting Up a Business1109 Words   |  5 PagesAdvantages of Starting up a Business * Being your own Boss  - you can make your own decisions, keep your own time and not have to answer to The Boss * Hard Work amp; Know How  - If you are a hard worker and / or have immense industry know how, you may want to benefit from the long hours you do or the knowledge that you have acquired over time. * Financial Independence  - One day, you may realise your dream of financial independence * Creative Freedom  - no more restrictions, you

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