OFW Business: Starting a Tailoring Business
Your skills can land you a lucrative business opportunity than having to seek employment. Well, in Philippines for example, sewing business is as profitable as any garment-making business and all you have to do is have the requisite capital, a good business plan, the right sewing skills and set the ball rolling. Many housewives in Philippines have resorted to sewing as an alternative to working in a government organization or non-governmental establishments. Today, millions of people are self-employed especially in the Philippines where over 50% of these people work from home either as freelancers or business owners. Sewing business is one of those ventures which is easy to start with a little capital and do it at your door step.
Filipinos abroad who are trained and employed as tailors can take advantage of this skill and apply it back in the Philippines as a business when returning home or manage even while working abroad.
What to Do before Establishing a Tailoring Business
1. A good business plan. Business needs planning. This is always the springboard of everything. With a good business plan, you are sure to get financiers. Well, the same is true for sewing business. You will need to draft a good business plan for you sewing venture if success remains your focus. Provided you have a good location and have devised good marketing skills, you will often be bound for success.
2. Define your goal and target market. Every business is geared towards achieving some goals. This also applies in sewing business. With your area of expertise in mind and the target market, you don’t have to go big at once. Start and devise strategies for growth.
3. Determine your business features. Depending on your area of specialty, sewing business varies and could range from sewing table clothes, official wear, garments, men’s wear, children’s wear to women’s wear. In a country like Philippines, sewing business of any kind is a boom. However, there are major categories of sewing business which one might include:
-Repair and alterations
– mass products sewing
4. Mass product sewing is where one is involved in a field where he or she is specialized. It could be production of school uniforms or designing table clothes and curtains. Mass product sewing is the most common in many countries including Philippines.
Permit and registration
When starting a tailoring business, secure a business permit. his goes into ensuring you always pay requisite taxes, and that you tailoring business is registered.
Ranging from lack of requisite sewing skills, improper business location to poor marketing, sewing business has its shortcomings just like any other business. These are areas you should lay special emphasis on how to overcome them.
To end, regardless of the nature of sewing business you are involved in or intend to start in Philippines, everything will always come down to skills and expertise. This means, you will always take into consideration the issues of quality and timely delivery on projects. Besides, before you start, ensure to set a good and well-ventilated sewing room. More importantly, don?t forget that just like any other business, sewing needs marketing to get clients. Social media can help you do this.