This Sewing and Tailoring Business Plan In Nigeria is regularly updated and can also be used to obtain loans and grants etc.
Sewing And Tailoring Business Plan In Nigeria:
Table of Contents
Sewing and Tailoring is a business that can make you multi Millionaire in Nigeria as long as you are very skilled and business savvy.
Lots of Nigerian youths laugh at the opportunity of learning to sew and forget that most of the popular fashion designers are one way or the other a Tailor.
In this Sewing and Tailoring Business Plan in Nigeria article, we will go through in a bit what a comprehensive Sewing and tailoring business plan in Nigeria pdf should have and also show you the necessary steps to start a Sewing and Tailoring business in Nigeria.
Sewing And Tailoring Business Plan In Nigeria PDF–
To enable interested investors and business-minded persons to take advantage of the money opportunities in the Tailoring business in Nigeria, we at NaijaCEO have packaged a comprehensive Business Plan for sewing and Tailoring business in Nigeria
Table Of Content
Overview of the Sewing / Tailoring business plan in Nigeria
Executive Summary
Products
Operational Procedures
Unique Selling Propositions
Company Vision and Strategy
Market Analysis
Competition
Target Group
Risk Analysis
SWOT Analysis
Location of Headquarters
Business Partners
Marketing PlanPrice Strategy
Communication Strategy
Business Organization
Conclusion
Executive Summary
The following report and recommendation relates to the proposal of Liaocem TAILORING AND FASHION DESIGNS to establish a tailoring enterprise
[Sewing and Tailoring Business plan in Nigeria example] COMPANY is a Fashion business that will make and sell self-designed African – native dresses and clothes. Although we intend to start out on a small scale, that will not in any way stop us from maximizing our potential in the sewing/fashion design line of business.
We intend to grow the business from making dresses and clothes for local clients in Africa to exporting our African attires to other countries in Europe and the world at large where we have robust African communities.
Our business goal as a sewing/Tailoring business is to become one of the leaders in the sewing/Tailoring design business in Nigeria.
[Sewing and Tailoring Business plan in Nigeria example] COMPANY will make it possible for Africans to look very good and be proud of their heritage.
A huge market is available for the business to serve.
The financial projections show that the project would be financially stable and liquid by the time it matures. The sales figures stand at N1,570,000 for year 1, year 2, year 3 respectively. The profit after due considerations of the expenses is 1,140,000 for the first year, 2,400,000 for year 2, and 3,560,000 for year 3.
The cash flow position is equally good and encouraging by the second year through the third year.
The competitive edge of the enterprise lies in its ability to use the best cotton material gotten from reliable dealers in sewing my products, use discount strategies and ensure that my products get to the market at highly affordable prices.
Based on the analysis of our findings, the proposed project is found to be technically feasible, financially viable, and economically desirable. Thus, the project offers good investment benefits and is therefore highly recommended for implementation.
Products And Service Offerings
[Sewing and Tailoring Business plan in Nigeria example] is a standard sewing/fashion design company that is positioned to make a profit and favourable compete with leaders in the industry and we are going to do all that is permitted by the law of the Federal Republic of Nigeria to achieve our business aims and ambition. Our products and services offered are listed below;
- Sewing Female African Dresses
- Male African wears
- Designing and Making Dresses for African Tradition Marriages (Couples, Bridal trains, and groomsmen et al)
- Designing and Making African attires for children
Operational Procedures
The company will set up a professional supply chain management to be able to cut costs and deliver flexibly and punctually at the same time. Supply chain management is of prime importance for young fashion and design firms. Good supply chain management entails close communication with suppliers, warehouses, logistics firms and the client.
Ordinarily, we would have succeeded in running a Tailoring business with few employees, but as part of our goal to build a world-class Tailoring/ fashion design business in Africa, we have perfected plans to get it right from the onset which is why we are going the extra mile to ensure that we have competent employees (tailors and support staff) to occupy all the available positions in our company.
In respect to that, we have decided to work with competent hands to occupy the following positions at [Sewing and Tailoring Business plan in Nigeria example] ;
- Chief Executive Officer (Owner)
- Human Resources and Admin Manager
- Sales and Marketing Officer
- Accountants / Cashiers
- Professional Tailors / Fashion Designers
- Customer Service Executives
Roles And Responsibilities
Chief Executive Officer – CEO (Owner):
- Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
- Responsible for fixing prices and signing business deals.
- Evaluates the success of the organization.
Human Resources and Admin Manager
- Responsible for overseeing the smooth running of HR and administrative tasks for the organization
- Defines job positions for recruitment and managing interviewing process
- Responsible for training, evaluation and assessment of employees
Marketing Manager
- Handles sales and growth for the company
- Documents all customer contact and information
- Comes up with strategy to sell our Sewed African Attires
Professional Tailors / Fashion Designers
- Responsible for designing and sewing female African dresses
- Responsible for designing and sewing male African attires
- Responsible for designing and making dresses for African Tradition Marriages (Couples, Bridal trains, and groomsmen etc)
- Creative spark of the Tailoring business in Nigeria
Accountant / Cashier
- Responsible for financial forecasting and risks analysis.
- Ensures compliance with taxation legislation
- Handles all financial transactions for the organization
Unique Selling Propositions
The company will have a set of unique features, which will differentiate it from the competition. The most important unique selling proposition of [Sewing and Tailoring Business plan in Nigeria pdf example] COMPANY is to be found in the capabilities of the founder herself.
The owner of [Sewing and Tailoring Business plan in Nigeria pdf example] COMPANY, Mr Micah being very experienced Tailoring and also very skilled in graphic design, online marketing, and project management with his knowledge base we have a real weapon to conquer the fashion industry in Nigeria.
The fashion and retail industry in Nigeria tends to be overly youth and small size focused.
However, by closely following high fashion trends as well as customers’ purchasing preferences, [Sewing and Tailoring Business plan in Nigeria pdf example] COMPANY will tailor styles to meet the specific needs of the clientele. The key feature that separates [Sewing and Tailoring Business plan in Nigeria pdf example] COMPANY from all other competitors is its commitment to providing quality accessories and clothing options. Because the primary concern is ensuring that consumers are happy with the fit and style of their purchase, [Sewing and Tailoring Business plan in Nigeria pdf example] COMPANY will have a strong impact on the female community in Nigeria and earn strong word-of-mouth endorsements from happy clients.
Company Vision And Strategy
The vision pursued by the establishment of [Sewing and Tailoring Business plan PDF] COMPANY is to produce a high-end line of wear for women and Men.
Right from the start, it is planned to develop and make expert use of an online presence. This is a very important part of the business undertaking, as the web presence will enable [Sewing and Tailoring Business plan PDF example] COMPANY to showcase its products, establish the brand and raise awareness in the industry.
MARKET ANALYSIS
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Sewing and Tailoring Business plan PDF example
How To Start Sewing And Tailoring Business In Nigeria
If you enjoy sewing, creating interesting clothing patterns or performing alterations and tailoring, starting a sewing business in Nigeria may be the perfect business opportunity for you.
So I am going to walk you through the step of starting a Tailoring business in Nigeria
Step one: Come Up With a Sewing/Tailoring Business Plan in Nigeria doc, a vital step.
Here, one has to determine whether one wants to go into a big or small-scale commercial
venture, secondly, and tailoring strategy to adopt, Coming up with a comprehensive Tailoring Business plan In Nigeria doc (document) is vital and important and should be the first step to take.
The plan should begin with an analysis of your local market as well as similar shops and services, if any, in your area. Next, list and describe the types of services you hope to offer your clients.
Step Two: Get a Space to work from.
You definitely need a space to work from. When choosing a space to work from you need to consider some factors like
1. Target Market
2. Easy to access
3. Good Electricity
4. Good Network service coverage etc.
step three: Buy the Tools of Your Trade.
Once you have a space, it’s time to purchase start-up equipment such as a sewing machine, thread, needles, embroidery supplies, ready-made patterns, computer software for creating and printing patterns, invoicing and bookkeeping software. Ensure that your workspace has all required permits and licenses before moving your inventory and tools into your shop.
Step Four: Prepare a Portfolio
Before opening, Curate photos of your best work to use in promotional efforts and in a portfolio to show clients. If possible, have some actual pieces in your office or shop so that clients can examine the quality of your work. Hire a professional to create an online portfolio and website if you do not have the ability to do this yourself, or you want it to really stand out from the crowd.
Reach Out to Potential Clients
There are several ways to promote your new business. Friends, family, and social media contacts are excellent places to start. Even if they don’t plan to use your services, they may have friends or family members who do need custom sewing or alterations.
Another good strategy is to Often times make beautiful designer clothes and dash to Celebrities or people with cult followings.
Ready To Start Your Tailoring Business In Nigeria Or Africa?
Maybe you dream of opening your own Tailoring Business In Nigeria, but you’re still working out the details on how to make that dream a reality.
Well we are the leading Business consulting firm in Nigeria and can help you make the process much easier contact us with 08122230861
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