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How NOT To Start A T-Shirt Company

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Starting a T-Shirt Design Company – Sample Business Plan Template
A Sample T-Shirt Design & Sales Business Plan Template
Executive Summary

After finding your niche, then you must determine your marketing strategy. All these are questions you need to answer. When you have all of this figured out, then you should:. Draft out a T-shirt Design Business Plan. A business plan which will serve as your operational guideline. Your business plan would contain your business goals, brand values, long and short-term vision, mission statements, business strategies and objectives.

Every business person who wants to be successful must have clearly spelt out goals and continue to work towards achieving them. For instance, you may decide that you want to be churning out and selling a minimum of ten designs per week and start putting in all the hard work it takes to achieve your target.

Do not be scared to set goals. The T-shirt design business is highly competitive, so you cannot afford to ignore your competitors if you want to become a better and successful brand. By studying your competitors regularly, you will be able to keep up with trends and even generate superior ideas and inspiration for your own T-shirt design business. Just like any other business, you would need capital to start up a T-shirt design business.

But the beautiful thing is that you can start really low and gradually build up your capital base. You can approach your bank with your business plan and see if you can get a loan to help you start up. You can also approach friends and family for contributions or save up for it overtime.

One of the things that would make you stand out from the pack is the uniqueness of your designs. Do a lot of research before you design. Technology indeed is responsible for opening up the clothing industry. T — Shirts can now go through factory system of production and still maintain good quality and standard sizes.

With that, it is easier for retailers to order and sell T — shirts at fix prices in department stores and boutique et al without stress. The fashion industry is a creation of the modern age and fashion style changes with rapid astonishment and in most cases people go back to the past to re — introduce old fashion. The fashion industry is indeed a rapidly changing industry; fashion trend will always come and go at different season.

The bottom line is that successful clothing labels T — shirt designers have a thorough grasp of the market and they know how to meet their needs or cajole them to accept what they have to offer; they are always creative, flexible and ready to either detect the trend or move with the trend.

No doubt, a retailer or wholesale distributor of T — shirts can order for various sizes of clothes from anywhere in the world and sell in his or her country without even visiting the production factory. As a matter of fact, any clothing line based business is one business that has the capacity to survive regardless of what is happening in the economy of the world.

From time immemorial, the fashion industry is known to be one of the largest employers of labor both directly and indirectly in the United States of America. Some of the leading labels in the fashion industry are from the United States of America. Although, some clothing labels outsource the production of their clothes to other parts of the world; predominantly Asian countries, just in a bid to cut cost.

Some cities of the world are considered to be fashion hubs; they dictate what happens in the fashion industry. These cities are known to host fashion exhibitions; designers who want to play at the global stage ensures that they exhibit their clothing collections to fashion enthusiast during fashion week in any of the cities mentioned above.

In recent time, the fashion industry relies more on mass market sales for them to make the kind of income that will sustain the business. The mass market takes care of a wide range of customers that cuts across both the rich and the poor. Most of the new clothing lines that are trying to catch — up with the market often produce ready-to-wear clothes using trends set by leading fashion labels. What they do is that, they try to see the direction of the trend as established by renowned fashion brand before producing their own versions of the original look by making use of cheaper fabrics and simpler production processes which can easily be done by machines.

T — Shirt designers and fashion designers now leverage on the runway — fashion expo to promote and attract market for their products. Any fashion designer who is recognized in Paris, Milan, New York City, or London can comfortably become a global recognized fashion label. Small start — up T — shirt designs and sales companies leverage on small markets such as companies, churches, schools, organized groups and sport fans to sell their T — shirts.

This group of people can order large numbers of customized T — shirts for special purposes. For example, a political party enters into a business deal with a T — shirt design and sales company to help them produce shirts to be used by their supporters during political rallies and campaigns.

You will most likely not be able to find someone in your immediate area. I can vouch for one in particular, lucky for you, and I will do so below. However, do this at your own risk.

Do your homework and make your life and business so much easier. Screen printers come in all shapes and sizes and finding a solid one can be harder than you think! Our order had the neck tags removed properly and carefully unlike previous printers, who simply cut them but left the hidden part of the tag under the seam so it was completely noticeable. They also print posters, hangtags , and a bunch of other cool stuff. We had buttons done by them and they came out great.

I mentioned this a few sections back. We bootstrapped in all the wrong areas. We bootstrapped our time instead of our money. It makes sense in my head. In the beginning, time is endless. It needs to be. Trust me, I wanted it to work another way. I hate working for other people. I willed it to work this way. We set an unrealistic launch date for Anomalous. It was so ridiculous that we were taking product shots up until half an hour before the launch. Try editing and touching up photos of 24 different designs in half an hour.

We had to push back our launch a full day. Not a great start. I did take away some great skills from rushing and learning quickly, however. Becoming skilled in web and graphic design was a result of starting Anomalous more on your website later.

I took that and made some good money on the side of my regular job. Bootstrapping your money is important, as well. But there are areas where you absolutely can not.

Printers are one of them. Printing cost, American Apparel shirts the go to for most t-shirt companies, though Anvil and Alternative Apparel make a decent alternative bad unintentional punt and also have a nice organic selection tag removal, tag printing or sewing, shipping, etc.

This is not the place to cut costs. Packaging material is important, as well. You need to protect your investment. Having to re-send a ruined shirt eats into nearly your entire profit. We wanted the best of the best of everything. And it just cost us more and more money. We tried bootstrapping on things like craft show and music festival fees.

We went for the cheaper events. The more expensive events generally get more attendance and traffic, but the overpriced events are just trying to make money on its venders. Again, do your research. There are some more expensive brands, but they seem to build as it goes along.

There is no mold for this. It really relies on how much your printing costs are. You always have to factor in your wholesale costs. The algorithm is generally as follows:.

Play around with your price before hand, but stay consistent once you set them. There is nothing worse than being cheesy.

I really believe that. Especially as a brand. We buy mostly local or organic. We recycle and reuse things.

We are minimalistic in our lifestyles. We were a brand of browns and greens. We had designs that preached recycling and erasing your carbon footprint. Some of them were pretty cool. Others, not so much. Like I mentioned earlier, we really rushed a lot of our designs and never finalized anything.

It was a pump-them-out mentality. We were somewhat unique and original, but the green fad has been played on for a long time now. Peace signs are dead. And there is no worse business strategy than chasing a trend — especially one that is already done for.

There is a simple resolution to this. And as soon as you are, evolve it. Get the creative juices flowing. Anything we disagreed about was initially taken offense to primarily by me. That was the moment we knew it was all over.

Granted, there were a few kick ass designs that I still wear today, but they were few and far between. Running a company can be a blast. There were times when our blinders were thick when I knew this was something I wanted to do with the rest of my life. No business is perfect. Be fast on your feet. Not necessarily in any order. Except the last one first. I used to work for Apple.

It really, really sucked. Click on an article below How to advertise and market your clothing line Why you should use a professional printer to print your shirts How not to start a clothing company How to get custom clothing manufactured How many shirts should I order?

Rule #1: Think!

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A Sample T-Shirt Design & Sales Business Plan Template T – Shirt Design and Sales Business Overview The fashion industry is indeed a highly thriving industry all over the globe for obvious reasons and T – shirt design and sales is a subset of the industry. Free T-Shirt Company Business Plan For Raising Capital from Investors, Banks, or Grant Companies! Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below. This free business plan demonstration purposes fast-tri-29.cf you are interested in purchasing the completed editable MS Word and Excel documents for this.