Most Evergreen Fashion Business Ideas in India
Anyone who has ever owned or started a business can vouch for the fact that it takes time, proper research, and efficient handling of resources. The long, grueling working hours and the money you need to turn your idea into reality is a challenge that every new business faces. Starting a fashion business is no different.
However, all this hard work will be worth it looking at the fact that our country has one of the largest fashion industries serving 1.3 billion people. The textile industry alone has a value of USD 33 billion and both, clothing and textile industries together have 14% industrial production.
Hello, I want to start my own fashion Boutique , but not getting the way from where to start . Will you able to help me in this situation?
Hello Purva. For getting started, finalize on your location for fashion boutique. For doing this, consider the following:
1. Study your competition. Number of boutiques in an area, services offered.
2. Market Research: What is the service quality of the competitors? What is the price of the services?
3. Identify your target group: Who do you potentially want to sell? Whether males/females/both? What should be their profession? Whether housewives/working professionals/business people? What should be their age? What should be their income?
How much is essentially the market for your business services based on the above questions?
4. SWOT Analysis. What are your business strengths, weaknesses, opportunities & threats in comparison to the competitors?
Once you have gathered good data points to get started, reach out to us for any service you would require like business planning, facilitation of loans, legal compliances, professional services, marketing support, etc. Take a look this guide on starting a boutique business for more details: https://www.deasra.in/fashion-business/?utm_term=boutique.