Posted by 8 Exports How To Start a Garment Export Business — Simple business plan India is very likely to overtake China in terms of garments exports within a few years, and thus enjoy a monopoly in the international market in the time to come. With the rising demand of apparels from the U. Therefore, setting up a business of this kind can work in your favor if you belong to this part of the world. However, it must be borne in mind that rather than having a ready capital in hand, it is building contacts with the right people that will help in establishing this business in the long run.
And this one is not an exception.
There is a tendency in young professionals to move out from day job and start something their own. Having work experience in the garment industry, we primarily look for business opportunities within this industry.
Keeping this thing in mind, I have shared some small business ideas that are related to the garment as product and some business ideas are services for the garment industry.
Each business can be started in small scale. If you are on the same board you may be interested to hear something on small business ideas those are garment industry based. Small-scale garment business ideas 1.
Small-scale garment factory set-up You can set up a small garment factory with your own tailoring or manufacturing experience. Make garments and sell finished garments to retailers or whole sellers in your city. You can also sell your designs on the e-commerce portals, like Amazon and Flipkart.
Read this story of a manufacturing start-up. To set-up a small-scale garment factory, first you need to decide the product or product group that you will be making in your factory. Next, prepare one project report — note down all kind of requirement for factory set-up.
Here is a brief note you need to know for garment factory set-up. You need sewing machines, fabric cutting machines, ironing and garment finishing equipment.
Prepare a list of machines required and contact machinery suppliers for the price quote and purchase machines. You need to set-up the infrastructure for the factory, lighting, water, material handling equipment, furnishers etc.
You need space for factory set-up. While planning for space requirement, consider production processes, shop floor, office areas, sample showroom, pantry, warehouse etc.
You need to hire skilled manpower and need service providers Need to source raw material, including fabrics, trims and accessories. Prepare a business strategy and develop a customer base.
Before starting a business everybody has to prepare a project plan. If you are really interested in starting a garment factory in small scale you should have a business plan as in any other case. This article mainly discusses and shares some of the ideas to evolve a business plan for a start-up in garment making industry. Business Plan For Garment Manufacturing Business. In starting garment manufacturing business in India, you will need to obtain a trade license from the local authority, factory license, EPF, ESI, and fire license. You will also need to register your business with the central excise department. You will need to obtain ‘consent to establish. People have become more style conscious nowadays. This has provided a lot of scope for garment business in India. With increase in competition you need to .
Prepare the investment requirement and how would you arrange the fund for the business setup and factory running cost.India is very likely to overtake China in terms of garments exports within a few years, and thus enjoy a monopoly in the international market in the time to come.
With the rising demand of apparels from the U.S. and European markets, this business has witnessed a surge in the country. i want to start a garment business in jaunpur and varanasi in uttar pradesh india.
tell me about business loan an capital required to start a business. martin said on August 13, I have 25 years experience in Garment export firm.
Before starting a business everybody has to prepare a project plan. If you are really interested in starting a garment factory in small scale you should have a business plan as in any other case.
This article mainly discusses and shares some of the ideas to evolve a business plan for a start-up in garment making industry.
Plan Your Business. Determine your product line. You may focus on evening wear, bathrobes, or T-shirts, for example. If your goal is to work as a garments manufacturer, you will need to have a specialized, high-quality skill set. Before starting a garment business you have to first concentrate on few important points which include: Capital Resources- Having a reasonable capital for starting a readymade garment business is important.
This will help you to gain more confidence and commit yourself into business dealings. #3. Garment wholesale business A garment wholesale business, source garment from different manufacturers and brands in volume.
Later those are distributed and sold to garment stores. You can start garment wholesale business in your spare time. Source garments from manufacturing hubs and distribute those garments to shops in small cities.