What is the process of starting a clothing company/brand from scratch?

Question

Im 17 so it's not like I want to do this right now, I don't have the money or anything, but I like designing things (all sorts off stuff not just clothes) and I I'm looking forward to one day having my own company/brand.

So firstly I want to know approximately how much money one needs to invest in a small clothing company like this. High quality clothes, more info below.

Secondly, what do I do? Of course I design shirts, hoodies etc. , but I need to register this company as a company in the country I think... and then where do I go to produce these custom shirts? Big brands have their own factories but I don't... I want a premium clothing brand so high quality is really important for me. The products would be also more expensive, because if I start selling cheap the brand wouldn't be appreciated as much and I wouldn't be able to raise prices.

Thirdly, I make a nice web store, I can already do that, but how do I do the logistics? What woud I need to keep track of (everything I guess) and how do I keep track of everything? Also, is there something else I don't know about, that's important and I didn't ask?

If this dream ever happens to be reality, at first I would do everything myself until (hopefully) sales grow and I can afford additional help.

Answer 1

The first thing you need is a business plan. That will tell you where your expenses are, and how to make a profit. It will also lay out and organize the things you need to do to get started.



I am guessing that you are not in business school. So go to the library and get a college level business book and go to the Fiverr website and look for business plans for clothing boutiques or similar shops and read them.



You can also ask a local store to take you on as an intern so you can see how they work.

Answer 2

Estimate the startup costs and expenses and calculate how much capital is needed to open the business.

Answer 3

If you plan to only sell through your website, maybe a couple hundred thousand dollars. If you hope to get out nationally into brick and mortar stores, millions.

Answer 4

Having a LOT of money! You need A Big space, lots of money for cloth & employees---



are your parents millionaires? If so, you can swing it with ALL their help to you!