We therefore are in business in order to generate revenue, make profit whilst also favorably competing with other leading brands in the fashion design industry in seven years time.
Our location in Midtown Manhattan – New York is a very strategic one as we are located in the hub of the fashion industry and with the right strategies and plans that we have in place, we are sure of meeting, achieving and exceeding our desired goals and intentions.
In the United States of America, there are more than 19,000 fashion designer businesses employing nearly 27,000 people.
The fashion design industry is one that has trended toward growth in the last years between 20.
These individuals understand the fashion world such as the importance of texture, color, and shape in varied clothing as well as the business of ensuring that this creativity yields revenue and eventually profit.
While the fashion design business might seem glamorous, It is also a competitive business and so if you intend starting this kind of business, you would need to hire a business consultant who understands the industry thoroughly in order to take a look at your business concept and help you draft strategies that would help you survive and favorably compete against your competitors as well as generate enough profit to sustain the business.
As such, we intend to ensure that we hire the right employees who are hardworking and competent and who not only understand the industry thoroughly but also the business and our core values and principles and will therefore ensure that we get to the attained level of goals and objectives through their commitment and dedication.
Also, since we intend to offer a wide range of services for our fashion design business, we will need to employ several employees who now and understand each task they are to handle.
If YES, here is a complete sample fashion design business plan template & feasibility report you can use for FREE.
Okay, so we have considered all the requirements for starting a fashion design company.