The business idea of starting your own tailor shop is quite popular. Despite the huge variety of fashionable clothes in stores, there remains a contingent of people who prefer tailored items that will be unique in their kind and created especially for them. Therefore, opening a tailor shop is a rather profitable business and a great way to start your own business.
Instructions
Step 1
Before starting a tailor shop, draw up a similar business plan. It should contain a general, production and financial part. In the general part, indicate which atelier you are going to open, as well as what category of people it will be designed for. This could be, for example, a tailor shop for middle-income clients, or a tailor shop for exclusive curtains. Choose a legal form of incorporation. Most often, the atelier is characterized by individual entrepreneurship.
Step 2
Then write what kind of services you will provide. This can be not only sewing new clothes, but also restoration and repair of old ones. Indicate how you will accept orders from customers. You can organize one point of receiving orders directly in the atelier, as well as place additional points in the retail outlets of the city.
Step 3
Conduct a market analysis of tailoring services in your city. This is necessary in order to assess the level of competition and your chances of gaining market share. Try to find flaws in your competitors to avoid potential mistakes in the future.
Step 4
The production plan should indicate where you plan to locate the atelier. The ideal option is to provide sewing services in a large shopping center with a large flow of people. Make a list of the equipment you need. You will need sewing machines for various purposes, an overlock, a steam generator, mannequins, chairs for visitors, a workplace for an administrator. In addition, staff will be needed for your atelier. The minimum staff is an order taker, fashion designer and tailor.
Step 5
In financial terms, describe in detail the expense and income. As for expenses, include in them the cost of rent, equipment, consumables (thread, fabric), staff compensation, taxes. The atelier's income will consist of income from sewing and repairing clothes. If the atelier is located in a large shopping center, then, most likely, most of the orders will be made to fit the product to the customer's size. The payback period of the atelier is approximately 1 year, and the profitability is 20-30%.
