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Question by ♥XOXO♥: hOW DO I Commence MY FASHION Enterprise ???
hi. i’m 18 years old appropriate now…and i style clothes…and i want to start off my fashion enterprise
ok. before u say something…plz read this…do not tell me about going to college and stuff…cuz i already strategy on doing that…next, do not tell me that i am too young and immature (yes, men and women here have told me that) since it is achievable to be a “young entrepreneur”
all i need u to tell me is how to commence my fashion company??? what are some actions that i should take in order to commence my enterprise?
what/how is the process like?
plz, i only want severe and educated answers…so plz help me figure this out…thank you! =)
thanx daisykj, for understanding what i’m trying to say.
Very best answer:
Answer by Michael F – SovCon CEO
This is why you need to have to go to school and work for other people very first to get the education necessary. This is how you find out to do what you want to do – step by step.
If you have to ask other people how to make the initial simplest actions – you are not prepared.
Give your answer to this question below!
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Comments are closed.
daisykj Oct 26 2011 - 10:58 am
1. make a business plan including start-up costs, marketing ideas, estimated sales, everything….(you’re going to need to research this, it isn’t something I can type into a three inch box.)
2. borrow money (keep your credit good, work hard, be content to save for awhile as you plan.)
3. open your business (good luck; it’s going to be a lot of work.)
We went through the SBA (small business assoc.) and got a loan with an online lending company. Ours was a small, home-based business, but it took my husband months of planning, phone calls, credit applications, and forms filled out and sent in before we were ready to go.
juicyah Oct 26 2011 - 11:34 am
contact circleofexperts.com
borned k Oct 26 2011 - 12:28 pm
i think i can help you,
if you want that answer me and be in my contact.
Lui Oct 26 2011 - 1:06 pm
First, don’t get defensive, that shows weakness and insecurity. Don’t defend yourself unless you get accusations. Don’t point out things that may limit you, such as your age. If someone will judge you on your age, don’t tell them. Generally stop showing insecurity.
Next prove you know your field. Prove you have an eye for it all. In other words make prototypes, even if they’re just for you to wear. It’s not that hard, just buy a sewing machine or pay a seamstress to make it for you.
Next figure out how to sell, do you want real world or online? Is your product area specific, ie summer gear for places with intense heat?
What’s your market? Is it younger people, older people, male or female, rich or poor? This will help you to narrow down who you’re selling to, and your price point, as well as possibly your location.
Find a location where your market is in in plenty, so if it’s young people then an area geared at younger people will do, like a mall, or a downtown area for example. Go to where they are basically. Open up a shop. You can pay a seamstress to make the clothes, you can retail them yourself for a mark-up. Remember to mention that they’re local, maybe offer added services like repairs or individualized tailoring.
If you want to sell online just use Ebay, as it already has the traffic, and remember to gear all your wording for your target market, if it’s rich women you may want to use words like “glamorous” or “elegant”, if it’s younger guys use words like “cool” or “wicked” for example.
So yeah, it’s pretty straight forward. I suggest starting by buying a book on starting your own small business, read it, see where your strengths and weaknesses in business are and work on your weaknesses in school if you like, or outsource the jobs you’re weak in to others.
Your youth really has nothing to do with it. Youth may actually be helpful. I mean if you’re gonna go into debt then it’s better to do it young than old, because even if it fails you’ll be able to pay it off over time.
I would also suggest getting a job at a local clothing store, somewhere that’s a smaller local business, just so you can learn the ropes, plus you may be able to contribute something to them to test your skills.
King of Pythons Oct 26 2011 - 1:15 pm
You will need to establish a business plan. You will outline what you intend to do and how you intend to do it. be very specific regarding dates, places, methods of funding etc.
Take it to your potential investors, financial institutions,,etc for consideration and possible revision.
Talk to people in the fashion business to see what the challenges are. Better yet, volunteer to work for them for free to gain the experience.
Best of luck.
audrey m Oct 26 2011 - 2:14 pm
ok yes ok