Looking for a T Shirt Design Business plan with Financials for your personal use or to seek grants, and loans from investors, CBN, NIRSAL, and other institutions?
We have created a downloadable T Shirt Design Business Plan sample with Financials for you to use.
A Sample T-Shirt Design & Sales Business Plan Template
1.0. Industry Overview
The fashion industry is doing so well, and it’s very obvious. T-shirt sales and design being a segment of the whole is the best to tap into because it can be easily customized and it can be started with an affordable amount of capital too. The fashion industry, especially cloth / T-shirt making business was not as easy as it is now; before now, clothing was handmade based on demand by individuals, in the 20 century following the invention of sewing machines (industrial sewing machines) it became easier to produce T-shirts in large quantities. Technology indeed is to thank once again as it has expanded the horizons of this industry and made it easy for people with the creativity to tap into the industry. T-Shirts can now go through the factory system of production and still maintain good quality and standard sizes. With that, it is easier for retailers to order and sell T-shirts at fix prices in stores and boutiques without stress.
The fashion industry is indeed a rapidly evolving industry; fashion trends always come and leave so fast as soon as it came and this makes it relatively hard to keep up and stay relevant. That is why the hallmark of successful clothing labels (T-shirt designers) is that they have a thorough grasp of the market and they know how to meet the needs of the masses when it comes to trends or sometimes cajoles them to accept what they have to offer; they are always creative, flexible and ready to either detect the trend or move with the trend.
Economic depressions do not really affect the sale of clothes; people can’t do without wearing clothes.
2.0. Executive Summary
Just Vibes™ is a clothing line that will be located in Lekki, Lagos. We will be securing a large warehouse in a strategic part of town that will be converted to our production factory. Just Vibes™ will be involved in the production of T-shirts and other casual sports clothes, and the likes, that will meet the needs of male, female, young adult and children. Our business goal is to become one of the leading T-shirt designers in Nigeria and advance to be the best in Africa and in the long run, with proper strategies, be the best in the world and we will make sure that every T-shirt that leaves our factory can compete with the biggest sharks in the industry. Our workers are going to be selected from a pool of talented designers in and around Lagos, as we all know its a vibrant city packed with creatives and also from any part of the world as the business grows. We will make sure that we take all the members of our workforce particularly scrutinizing T-shirt designers through the required training that will position them to meet the expectation of the company and to compete with leading T-shirt designers in the country and throughout the globe. We have put plans in place to build a state of the art clothing line production factory. Just Vibes™ will manufacture high-quality T-shirts for both the high-end customers and also for low-income earners; we want to become the people’s choice whenever T-shirt is the topic of discussion. Apart from the mass production of T-shirts, we will also be engaged in customized production of T-shirts for customers based on their demands.
We are quite aware that there are some clients such as sporting clubs, political parties, schools, churches and organizations that would need quality customized T-shirts for specific purposes and we are well prepared to deliver as requested.
3.0. Our Products
Just Vibes™ was established with the aim of producing high quality and highly fashionable T-shirts for men, women, young adults and children. We know that quality is a key factor that will help us sell our brand which is why we have put in place a quality assurance team that will ensure the quality of our products doesn’t change or drop by assessing the production processes so our shirts meet and even exceeds our customers’ expectations.
4.0. Our Mission and Vision Statement
Our vision is to establish a T-shirt design and sales company that will be largely accepted and demanded throughout the country and also Africa, then in the long run, the world as a whole.
Our mission is to establish a T-shirt design and sales company that will design and produce high-quality T-shirts and casual clothes that cuts across a lot of demographics.
5.0. Our Business Structure:
Just Vibes™ T-shirt design and Sales Company is a company that intends opening small, but will steadily grow big to vie for popularity and attention with leading T-shirt design and sales labels in the fashion industry both in Nigeria and on a global stage. We are conscious of the importance attached to building a solid business structure that can support the picture of the kind of business we want to own. This is why we are committed to only get the best hands on deck.
6.0. Job Roles and Responsibilities
Chief Executive Officer – CEO
Human Resources and Admin Manager
Sales and Marketing Manager
Accountant / Cashier
Fashion Designers (with bias in T-shirt designs)
Quality Control Officer
Tailors (Industrial Sewing Machine Operators)
7.0. SWOT Analysis
Strength – Our strongest strength lies in the quality of employees and the state of the art equipment we will be fledging our factory with.
Weakness – A major weakness that may count against us is the fact that we are a new T-shirt design and sales company and we don’t have the financial capacity to compete with already popular fashion labels when it comes to cajoling the market or analy8 the trend.
Opportunities – Whether good or bad, it’s no doubt that people will always look for clothes to wear and they go for T-shirts most times because it is cheap. Besides, the opportunity for a clothing line to sell their clothes is massive and we hope to leverage these opportunities to sell our T-shirts.
Threats – Just like any other business, one of the major threats that we are likely going to face is a decrease in purchasing power which is always caused by an economic downturn.
8.0. Our Target Market
The need for humans to be clothed gives the wide range of customers that patronizes the clothing industry everybody on planet earth wears clothes although different designs, quality and style. And in view of that, we have created strategies that will enable us to reach out to people that cut across different classes in the society; we will produce T-shirts and casual clothes for male, female, young adults and children.
These are the different group of people that we will be targeting as they suit or production capacity and also fit our plans after we conducted our market survey and research;
Sports Men and Women (sports clubs)
Churches (Customized church robes)
Equipment and Tools
Industrial sewing machines
Pattern makers for crafting designs.
Women and men dress forms used for garment building.
Straight and curved rulers
Notchers for marking seams.
Dotted pattern paper.
Sewing machine needles
Hand sewing needles.
Soft lead pencil
Pattern making software.
CAD tools for designs
Digital drawing tools
Digitizer board for pattern scanning.
Heat transfer machines for T-shirts.
Labels and Tags
Industrial pressing irons
Supply of Fabrics
How To Download Business Plan Template T-shirt Design Business Plan PDF (with financial analysis)
Above is a part of the T shirt Design Business Plan template in Nigerian. IF you need the complete bed and breakfast business plan sample, follow the procedures to download it.
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Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Thereafter, send us your email address through text message to +234 701 754 2853. The text must contain the title of the T shirt Design Business Plan you want and also your email address. Immediately after the confirmation of your payment, we will send the T-shirt Design business plan in Nigeria to your email address where you can easily download it.