How to Start a Fashion Business - The Small Business Academy
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How to Start a Fashion Business

We receive a lot of enquiries asking us ‘how to start a fashion business’ and so we have put together this guide for aspiring fashionista’s!

Nikki Hesford winning fashion business awardOur founder, Nikki Hesford, comes from a fashion and manufacturing background, appearing on Dragons Den and subsequently receiving £250,000 of equity investment. She knows the hard slog of prototyping, manufacturing and taking a product to market and gives her best tips for anyone thinking of taking the plunge themselves!

A Fashion Business is not a cheap Startup!

In fact, it is probably one of the most financially demanding types of business you can start – with money required for sampling, pattern cutting, branding, labelling, packaging, grading (we’ll come to this later) and that’s before you’ve even started manufacturing your product or promoting it!

There are a lot of hidden costs and we would strongly advise seeking the supporting of a consultant with experience in garment production – some of the most common pitfalls for fashion entrepreneurs are poorly fitting garments, poor quality finished product and inconsistent sizing.

Where should you begin?

At the very start of the process, it is critical that you assess the demand for your brand idea with a cool head. We are all emotionally attached to our own ideas, and it’s natural for supportive friends and family to tell you your idea is a good one. You need more than this before making such a big commitment of your time and money.

You can find the answers to these questions using desk research, undertaking your own research and analysing the performance of similar brands in your niche – we show you how to do this effectively on our Startup Programme (£19.99 per month)

Pattern Cutting and Sampling

Unless you are lucky enough to be a skilled machinist and/or fashion designer, you’re going to need someone to create a pattern. This is what machinists use to cut the fabric to the correct size, and to know which pieces to sew together and how. Where are the seams? How much seam allowance will it have? Are there zips, buttons, darts?

Some manufacturers will offer a Full-Service of sampling and manufacturing – but this often means you need to use them for the manufacture of your product, and depending on the terms of the contract, could prevent you from taking your patterns elsewhere if and when you parted company.

We would often recommend a freelance sample maker – a list of these are available as a download on our Startup Programme.

Sizing and Grading

Once you have a sample you are happy with, it then needs to be ‘graded’ into different sizes, such as 8-16 for a ladies fashion brand.

This is where the challenges really begin! What sizing structure are you working to? Will it be true to size, run small or be generously sized for vanity sizing purposes (Vanity sizing, is where brands make their clothing bigger than the true size so that customers need to buy a smaller size and feel better about themselves!) On the contrary, high fashion labels often run their sizes smaller than true size for aspirational sizing (you need to be skinny and beautiful to wear it)

There are different ways to grade patterns – some do it by hand, and others use specialist software. It is important to ask your sample maker how they do this as there are implications to both methods.

How to get your fashion brand to market?

Lots of people say to us “I’ll sell online” – as though this is the magic formula to getting sales without much cost.

How very wrong they are!

An e-commerce fashion website isn’t much good without any traffic, and when you’re competing against fashion giants such as ASOS and Boohoo who monopolise the search rankings, how is anyone going to find you?

Instagram, Facebook I hear you say! And that is a workable strategy, but don’t be fooled into thinking you can put a free Facebook page together and the sales will just come. It takes a long time and usually requires a decent investment in Paid Advertising on Facebook and Instagram to get anywhere quickly. We can help you with this side of things via our Online Programme or our in-person Masterclass Events

What else do you need to consider?

How you will finance your start-up, and will you be doing this full-time or as a side hustle until you can generate enough income to take a wage?

You may require a Startup Loan or might be considering selling shares in your business for a cash investment.

If you are still reading and haven’t been scared off from starting your own fashion business, our Start-up Programme might be for you!

Just a handful of the modules we cover include sampling, sizing, manufacturing, wholesaling, selling into the high street, branding, seeking investment, business planning, E-commerce and much more!

You can also Contact Us if you have a specific question that isn’t covered in this How to Start a Fashion Business guide!

 

 

Nikki Hesford is an award-winning entrepreneur as seen on Dragons Den and featured in

BBC Metro The Sun Cosmopolitan Daily Mail

The Small Business Academy has been recognised with the following awards

Jacqueline WOW winner 2019 BIBA Finalist EVA finalist