Staff Answer
Feb 04, 2020 - 04:55 PM
Hi,
In order to start a small-scale ready-made garment export business, the foremost step to start a business is to prepare a project plan. So to start with, let's presume two situations, first, you'll approach the customers and manufacture products according to their wish and sell. The second option is to make the product of your choice and find buyers.
Choose the product you wish to market:
First, decide the nature of the product that is to be made. For example, if you are interested in making dresses, try avoiding the manufacturing of knitted items at the same time. Try to keep the product profile small to avoid the mess.
Determine the quantum:
It is very important to have an approximate idea of pieces you are planning to take out on a daily basis, a rough number will serve the purpose. This number will definitely vary, yet you can modify depending upon the budget and the demand from the customers. This estimate will reflect on the infrastructure you are going to set up for the production of the garments.
Number and type of machines:
Now you have an idea about the production figure and type of the product, based on the estimate calculate the number of machines and the requirement of other accessories. Well if you already have a fixated thought on the number of machinery and equipment you'd possess, then you can do the reverse calculation of the production estimate as well.
Make a list of essential machines and equipment like pressing tables, cutting room machines, diesel generator for power back up and other equipment and furnishings.
Sourcing Raw Material:
List down the raw materials needed for the production. You can use go4WorldBusiness.com to source raw material. Submit your buying requirements here and suppliers will respond with the quotations.
Factory area:
Plan space to carry out garment production, either rent a space or purchase a space. To set up the factory there should be sufficient space to install machines and space for office staff and other departments.
Workforce requirement:
Manpower planning is one of the most essential steps while establishing a garment business. This includes a number of workers, managers you need to hire for the production of garments and run the business smoothly.
Financial Planning:
The project plan will give you an idea of how much money is to be invested. Rent, capital investment, the salary of the staff, equipment cost, etc these are a few factors in financial planning. You have to prepare a cash flow statement at least for a year to avoid a financial crisis. If required take the help of experts.
Find buyers of ready-made garments:
go4WorldBusiness is a platform for global buyers and suppliers to connect, e-meet and trade. I'd suggest using this portal to find buyers of the ready garments. Become a premium member and avail benefits of features like DealMakr, dedicated relationship manager, unlimited product listing, send unlimited quotations to the buyer worldwide and global chat forum to connect with buyers at an ease and if you don't like the service claim the 60 days money-back guarantee.
I hope I answered your question.
Regards,
go4WorldBusiness.com Team
In order to start a small-scale ready-made garment export business, the foremost step to start a business is to prepare a project plan. So to start with, let's presume two situations, first, you'll approach the customers and manufacture products according to their wish and sell. The second option is to make the product of your choice and find buyers.
Choose the product you wish to market:
First, decide the nature of the product that is to be made. For example, if you are interested in making dresses, try avoiding the manufacturing of knitted items at the same time. Try to keep the product profile small to avoid the mess.
Determine the quantum:
It is very important to have an approximate idea of pieces you are planning to take out on a daily basis, a rough number will serve the purpose. This number will definitely vary, yet you can modify depending upon the budget and the demand from the customers. This estimate will reflect on the infrastructure you are going to set up for the production of the garments.
Number and type of machines:
Now you have an idea about the production figure and type of the product, based on the estimate calculate the number of machines and the requirement of other accessories. Well if you already have a fixated thought on the number of machinery and equipment you'd possess, then you can do the reverse calculation of the production estimate as well.
Make a list of essential machines and equipment like pressing tables, cutting room machines, diesel generator for power back up and other equipment and furnishings.
Sourcing Raw Material:
List down the raw materials needed for the production. You can use go4WorldBusiness.com to source raw material. Submit your buying requirements here and suppliers will respond with the quotations.
Factory area:
Plan space to carry out garment production, either rent a space or purchase a space. To set up the factory there should be sufficient space to install machines and space for office staff and other departments.
Workforce requirement:
Manpower planning is one of the most essential steps while establishing a garment business. This includes a number of workers, managers you need to hire for the production of garments and run the business smoothly.
Financial Planning:
The project plan will give you an idea of how much money is to be invested. Rent, capital investment, the salary of the staff, equipment cost, etc these are a few factors in financial planning. You have to prepare a cash flow statement at least for a year to avoid a financial crisis. If required take the help of experts.
Find buyers of ready-made garments:
go4WorldBusiness is a platform for global buyers and suppliers to connect, e-meet and trade. I'd suggest using this portal to find buyers of the ready garments. Become a premium member and avail benefits of features like DealMakr, dedicated relationship manager, unlimited product listing, send unlimited quotations to the buyer worldwide and global chat forum to connect with buyers at an ease and if you don't like the service claim the 60 days money-back guarantee.
I hope I answered your question.
Regards,
go4WorldBusiness.com Team
Add New Comment