Colleen G Lea
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Business Advice: What You Need To Know Before You Start
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Entrepreneurship Small Business

Business Advice: What You Need To Know Before You Start

Starting your own refashion/upcycle sustainable small business requires a combination of creativity, business acumen, and knowledge of sustainable fashion principles. Here are some things you need to consider:

Refashion/upcycle skills: You will need to have the skills to transform old or used clothing into something new and fashionable. This can include sewing, embroidery, knitting, crocheting, and other crafts.

Sustainability principles: As a sustainable small business, you should prioritize sustainability in your production and sourcing. Consider using organic, recycled, or upcycled materials and eco-friendly production methods.

Market research: Before starting your business, research your target market to understand their preferences and buying behaviors. This will help you determine the types of products to make and how to price them.

Business plan: A solid business plan will help you outline your goals, strategies, and financial projections. This will also help you secure funding if necessary.

Brand identity: Your brand identity should reflect your values and mission. Develop a strong brand identity that resonates with your target audience.

Marketing strategy: Develop a marketing strategy to promote your business and attract customers. This can include social media, email marketing, and collaborations with influencers.

Legal considerations: Make sure to register your business and obtain any necessary permits or licenses. You should also familiarise yourself with any relevant regulations, such as labelling requirements.

You need to take yourself away from the sewing machine and your creative space, if you want to succeed.

It’s going to be a balancing act to put in the administrative work along your creativity.

Business acumen 

Business acumen refers to the ability to understand and effectively manage various aspects of a business.

For designer makers, having strong business acumen is essential to successfully navigate the challenges of running a creative business.

You need to adopt a strong ability to make good judgements, and take quick decisions when necessary.  

Designer makers must be able to identify and understand how to manage finances, and build relationships with suppliers and customers.

You should also be able to effectively manage their time and resources, to ensure that you can meet deadlines and maintain a consistent level of quality in your work.

It is in your best interest to do small business research of the clothing/products you want to manufacture and sell.

Starting a sustainable fashion business requires a lot of hard work and dedication, but it can be a rewarding and fulfilling endeavor.

Overall, having strong business acumen is critical for designer makers to thrive in today’s competitive marketplace and build a sustainable and successful creative business.

Do you have any questions about setting up, and running a small designer maker business?

Let me know in the comments below.

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