This is a fashion design business plan you can download to apply for Loan, grant or to even serve as a guide to your business. Fashion design/tailoring business plan is readily available for download and could be used for any of the purpose earlier stated.
One of the most difficult business plan to write for many Nigerians is fashion apparel business plan because of the nature of the industry and we have made that much more easier for you to just download the complete business plan here and use for the purpose you want to.
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Download Complete Fashion Clothing Business Plan
Whether its men wears tailoring business plan or tailoring and garment making business plan in Nigeria, you can download the business plan below. Here is the overview:
Table of Contents
1.0 Executive Summary
1.1 Mission
1.2 Keys to Success
1.3 ObjectivesĀ Ā 9
2.0 Company Summary 9
2.1 The ManagementĀ Ā Ā Ā 10
2.2 Start-up SummaryĀ Ā Ā 10
3.0 Product description 11
3.1 Competitive Comparison
4.0 MarketĀ Analysis
4.1 Market Segmentation
4.2 Industry Analysis
4.3 Distribution Strategy
5.0 Competition and Buying Patterns
5.1 Competitive Edge
6.0 Strategy and Implementation Summary
6.1 Sales Strategy
7.0 Management Summary
7.1 Organizational Structure
7.2 Management Team
7.3 Personnel Plan
8.0 Financial Projection
8.0 Risk Assessment
8.1 Contingency plans
9.0 Financial Plan
9.1 Important Assumptions
9.2 Break-even Analysis
Table: Breakeve Analysis
9.3 Projected Profit and Loss
Table: Profit and Loss
Table: Profit and Loss First Year
Table: Profit and Loss Second Year
Table: Profit and Loss Third Year
9.4 Projected Cash Flow
Table: Cash Flow
Table: Cash Flow Year Two
Table: Cash Flow Year Three
9.5 Projected Balance Sheet
Table: Balance Sheet Year One
Table: Balance Sheet Year Two
Table: Balance Sheet Year Three
Table: Fixed Operating Expenses
1.0 Executive Summary
In elementary school, we were taught that the three basic needs of every human being are food, shelter and clothing. And indeed, these are things that every normal human being must have whether they like or yes! No one likes to run around naked.
You may be able to do that on the beach but i can bet my last penny that a normal person with all screws tightly knotted would definitely want to wear clothes around town- to business meetings, on a shopping spree or to wherever. In Nigeria of over 170 million people, with a huge youthful population base a clothing brand business line is an industry still yet untapped.
This fashion designing business plan, is a candid disclosure of the āALAYA Fashion Houseā business proposal –Ā our intent isĀ to set realistic business expectations, open doors as to manifold opportunities that the fashion industries are witnessing in Nigeria, ensure we dig out the Nitti gritty facts about what some of the big names in the industry are doing today to create a serious marketing niche that make them a brand, open wide some hidden fashion industry markets that only few are tappingĀ and eliminate any questionsĀ about the profitability of this business venture.
Entrepreneurs have a tendency to paint the Fashion designing industry business plan with a very optimistic brush, highlighting strengths and camouflaging the risks. We, asĀ business owners, have a vested stake and financial commitment in the success of this Fashion Design.
Our intent is toĀ have a definitive business, financial, and marketing plan that not only servesĀ our need for capital financing, but is utilized as our daily business roadmap. We haveĀ taken all precautions to validate our business and financialĀ models,Ā focusing on realistic projections. We have accomplished this as follows:
- Our financial model is rooted in industry facts, We have based costs on our vast industry and practical experience with similar ventures, validation against big fashion making industry cost averages, and analysis against local Nigeria market averages. We have taken a collective look at all figures to make solid business estimates.
- Our business concept was derived from detailed Market Analyses. InsteadĀ of building a business around a preconceived concept, we analyzed the market findings and built a concept around our consumers. In other words,Ā our business is built to service an unmetĀ consumer ‘want’.
- A buffered financial plan that ensures adequate capitalization. A contingency buffer is included in the start-up cost to ensure the business is not under- financed, as well as giving the business adequate funding to sustain it in the first six months of start-up. Our industry experience confirms a longer ramp-up stage for over other retail/manufacturing businesses. A common mistake for new entrepreneurs, but fully addressed in this business plan.
- A solid Risk Mitigation Plan. We have evaluated traditional and non-traditional risks associated with Fashion design failure and accounted for them directly in the business plan. Instead of dismissing the risks, we have identified valid mitigation strategies for each.
- Deep Management Experience. Our management team has 10 years combined experience, involved marketing, and deep involvement with the Lagos city Fashion industry market.
1.1 Mission
Installation of High Tech state of art tailoring and designing equipment, designed by some key and selected partners in India and Europe.Ā Will beĀ an inspiring and innovative masterpiece poise to take over the unmet marketing space, combining a strategic and inviting atmosphere with excellent and interesting pictorial and elegant designs sue in adoring our workshop.
The mission is to have not only great design selection, butĀ also efficient and superior service ā build a brand through consistent customer satisfaction as paramount objective. Our fashion brand will be of choice to children, mature and adult crowd, couples and singles, young and old
- Employee welfare, participation, and training are equally important to our success. Everyone is treated fairly and with the utmost respect. Our employees will feel a part of the success of our company
- Our concept combines assortment, quality, and a superior staff to create a sense of āUNIQUE CHOICEā in order to reach our goal of overall value in customersā exclusive experience.We offer fair profits for the owners and investors, and a rewarding place to work for the employees.
1.2 Keys to Success
- Unique, Innovative & Contemporary:The creation of a unique and innovative fine working atmosphere will differentiate us from the competition. The design will stand out from the other fashion house in the area because of its unique and innovative designs that suits all sundries.
- Product quality: great and exclusive designs, great service and customer centric pursuits.
- Employee Retention Focus: Employee retention and development programs will be a primary focus and success platform for this business. Through these programs, we will be able to draw seasoned and elite professionals and build a committed work force. We have budgeted for aĀ stock option program for our core and Management positions to subsidize a lower salary base. This lowers ourĀ immediate overhead and attracts quality staff.
- Cost Control Focus: We will control costs at all times, without exception. Cost Control will be an integrated function of the company from the onset. Cost control is about managing the numbers –Ā interpreting and comparing the numbers that impact the bottom line. 80 percent of the success of a Company is determined before it opens. Our focus is to reduce the cost of goods sold to meet our profit margin goals by managing the following crucial elements of cost: Purchasing, Receiving, Storage, Issuing Inventory, Rough Preparation, Service Preparation, Portioning, Order Taking, Cash Receipts, Bank Deposits and Accounts Payable. We will use of this business plan to track actual costs against our forecasts in managing theĀ business.
Due to intense competition, Stitch My Fabrics fashion world must look for ways to differentiate their business to achieve and maintain a competitive advantage. Midtown/Downtown Kaduna redevelopment requires a place that will fit into the ‘new look’ of the community, one that is contemporary and possible nearness to the market.
1.3 Objectives
Our corporate objectives for the first three years of operation include:
- Keeping our production cost atĀ less than 35% of revenue.
- Improving our Gross Margin from 65.41% in Year 1 to 67.10 in Year 2. These are attainable targets; our āstretch’ is to attain 70.73% by Year 3.
- Keeping employee labor cost between 37-39% of total sales.
- Introduce some uniqueness into fashion industry that will drive brand and sales via introducing online measurement software for busy customers, and door to door delivery of services, also maintaining a high level marketing niche through locating unmet customerās need in the fashion industry.
- Averaging sales between N5, 000,000 āN7, 000,000 per year.
- Promoting and expanding our FASHION HOUSE concept as a unique Midtown/downtown and uptown destinations.
- Expanding our marketing and advertising in NIGERIA andĀ in the neighboring suburbs toĀ increase our customer base.
How to Download the Complete Fashion Designing Business PlanĀ Download
The above is just the introductory part, the full business plan is 24 pages and you can download it for N5000. You can download the full Fashion Designing Business plan:
For you to download the complete business plan straight to your email,kindly Click the>> DOWNLOAD for immediate response.
You’ll pay the sum of #5000
BANK:UBA
ACCOUNT NAME:Ā AJETUNMOBI OLANIYI A
ACCOUNT NUMBER:2089760594
Immediately after the payment, send your email address through text message to 08133717775 and I will send you the full Fashion Designing Business business plan.
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