Start Fashion Business in Nigeria | Business Plan for Fashion Design Company

Start Fashion Business in Nigeria | Business Plan for Fashion Design Company

How to Start a Fashion Business in Nigeria: Fashion Business Startup! Generally speaking, are we really talking about Nigerian fashion here? Do you want to start up a fashion business right here in Nigeria? If yes, then you’re in line to become my good friend. 

Don't know anything about the business? Don't worry because you don’t need to be a professional to start up a fashion business; in short, you don’t need a degree to start up any business, all you need is passion and hard work.

How to Start a Fashion Business in Nigeria

As a matter of fact, no matter the aspect of fashion you want to venture into presently, be it clothing, cosmetics, clothing accessories or having a fashion boutique, all you need is extreme skills to exile, doesn’t mean you must be a fashionista or a pro, as far as you love what you do, then it’s okay because you will be learning new ideas daily but you must know that the business of fashion is highly competitive this days as it is lucrative.

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For instance, even with the current wave of excitement of starting up a business there are yet thing to be done before jumping into the business to avoid regrets. Meanwhile, I'm not trying to scare you though but many have ventured into this business but couldn’t overcome the huddles. On the other hand, one thing about business is that it demands dedication and endurance. Likewise when you’re just starting, it may not be easy, the stress, the loan you may have to borrow from banks and insurance companies, the site or location for the business, the renovation of the place to make it stand out. Afterwords, you outta be ready to face the storm but after the storm comes sunshine or rainbow.


VERY IMPORTANT! - Furthermore, you need to ask yourself these questions before you scroll to see the steps listed below. (Point of Note: this is not to discourage you but sometimes we need to be blunt so you don’t make mistakes.)

Do you want to give a loan to someone? See How to Write a Loan Agreement

You might want to ask yourself; "I’m I really ready to start up my own business?" Truly speaking, it isn’t all about nodding in affirmation that you are ready to start up a business it’s in being ready to take responsibility for anything that will occur from the moment you start investing. Above all, are you ready to stay hungry or the duration of your struggles trying to put things in order without “mistakenly” using the business money for personal matters? No doubt, it takes stronger conviction, patience, investment to start up a business and see it to the end.

Again, you might be tempted to ask yourself; "Do I have what it takes to compete with the ever competitive world?" As a matter of fact, the competition is even at its peak these days as many people have come to know that there really is profit in the business of fashion. Additionally, you need to be creative enough not copying people’s brand of style and pattern if you are going in for clothing or any fabric. Your uniqueness alone is your tools to exiling where others may fail. See: The Secrets of Personal Loans and Business Loans

Next Question you should definitely ask; What aspect of fashion will I be going into? In a like manner, will you be concentrating more on clothing and textile, Ankara bags and shoes, cosmetics or do you have the intentions of combining all these together to form your own unique brand? You need to equally consider all these too.

Similarly, you should question yourself; Why I’m I starting up a business? In the first place, you know most people start up a business with the dreams of flying abroad, wear imported clothes and accessories, wine with the crème de la crème it’s not a bad dream, they’re all good but you need to have more solid reasons because if things don’t work as planned, you could get disappointed and give up. in a final analysis, you must build up strong motives to encourage and motivate you when you have no one to.

Think about Partnership and ask yourself; Do I want to run this business alone? If your answer is no, then you can simply collaborate with a reliable friend or brand that will promote your brand where you both can share ideas, there can be a third party or as you wish. We equally have brands where designers like Dolce and Gabbana, Alexander McQueen and Target coming together to design a unique brand of elegant and sensual dresses and accessories that will leave you staring at the model in awe. identically, that’s actually a collaborated work which you could also do but if you want to work alone it’s also okay.

Get these points straight because these aren’t the only questions to ask, there are lots of questions to ask yourself so you don’t make jumpy and rash decisions you might regret in the near future. However, with these answers in place, you sure are ready to take the bull by its horn and begin your fashion business. But first; Get a Business Plan and Feasibility Study from a Professional Consultant. Don't have access to any? Contact Us Here. Do you claim not to have finance for a premium business plan? The you must read: How to Write a Business Plan for Free.

How to Start a Fresh Fashion Business by Yourself

Welcome again, these are the specific guidelines on starting a fresh fashion business for yourself, your first step to becoming self-employed is your unwavering decision to proceed damn the storms.

Furthermore, You may not necessarily get a place to start up the business but you can let family members and friends know what you are good at. of course, this is one way of advertising your skills. Sincerely saying, someone may see you design and fall in love with your brand. Ordinarily, that’s how it starts. All things considered, if you are really interested in having a brand, you should search for a location where you can situate your showroom.

For the most past, with the money at hand, you could rent a place to start the business or you could borrow from some insurance companies or get a loan from any bank that is ready to borrow you.

Now, purchase equipment you would need in the long run for the business like if its clothes, you need equipment like scissors, and so on. If it’s for cosmetics you need your make up kit, if it’s bags and shoes or anything Ankara, then you know what is needed.

Equally important, you can create a website where you advertise your works. Websites may involve many protocols or may be expensive but if you are on social media like facebook, twitter, instagram etc. you could get friends to like your work and comment. This is another way of promoting your brand.

In summary, you could also get inspired by watching fashion documentaries or seeing works of professional designers like Ashley, Bellanaija and many others. This will help you develop on your skills.
Start Fashion Business in Nigeria | Business Plan for Fashion Design Company

In conclusion, know the market price of each design you make so you don’t chase customers away and do not cheat yourself in an effort to keep customers.

Finally, With our tips we hope you could startup a business of a lifetime. Don’t be scared of change, it begins with you. Above all, deal with the excitement and fear, have fun and start up something worthwhile. Good luck.

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