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FINANCIAL INPUT TO START A NEW BUSINESS


FASHION DESIGNER - BRIDAL AND FESTIVE - ONLINE/STUDIO

Initial Investment * : ₹9,50,000

Workshop space: 500 sq.ft.

Turnover to Break Even: ₹1,20,00,000

Number of staff required: 5

Typical Time Required to Breakeven: 24 months

Gross Profit Margin: 15-25%

Running Expenses Per Month Annually
Workplace Rentals ₹50,000 ₹6,00,000
Staff Cost (5 staff) ₹90,000 ₹10,80,000
Sundry Expenses ₹30,000 ₹3,60,000
Advertisement & Marketing ₹20,000 ₹2,40,000
Total Running Expenses ₹1,90,000 ₹22,80,000

*Initial Investment Breakup:  

Working Capital : ₹4,00,000  

Furniture & Fixtures : ₹2,50,000  

Deposit for rental place : ₹1,00,000  

Stock : ₹2,00,000  

The working capital is a major cost factor as it includes raw material cost (fabrics, trims, borders, dyeing costs, etc.) and the salaries of your skilled labor (master, tailors, and embroidery karigars). You need to ensure a steady flow of uninterrupted working capital till you break even. The online marketing costs add to your monthly expenses too. The initial investment includes the costs of high-quality sewing machines. Renting a decent place can serve a dual purpose of studio/ boutique where you can meet your clients and also run a workshop (for backend operations). The additional major costs include photoshoot expenses every time your new collection is out. These numbers have been obtained by interviewing a business owner based in Mumbai. Your numbers may vary based on your location and other factors. If you want to become a fashion designer, you can also talk to an expert business owner. Simply scroll below to schedule your call.

Talk with Business Owners

Schedule a one-on-one call with business owners. Over a 1-hour call, have all your pressing questions answered before starting your business. Know the common mistakes you must avoid, understand current market trends and discuss customer acquisition strategies that you could adopt.

Business Owner : Priti Sahni

Priti Sahni @ Mumbai runs a clothing brand in the name of PRITI SAHNI for the past 10 years. 

A leading player in the domain of Indian ethnic wear, Priti has been catering to the accessible luxury wear segment for the past 10 years. Priti specializes in Bespoke Bridal and Festive wear.

Priti provides a customized experience to her clients through her interesting website www.pritisahni.com and her studio based in Mumbai. 

PRITI SAHNI brand is also available through multi-designer outlets like PerniasPopUpShop, Mogra, and through online portals like fabiliciousfashion.com, eastboutique.com, and WaliaJones.com. 

Priti's typical clients are Indians settled abroad. Her clients are almost all over the world including in the USA, UK, Canada, Australia, Germany, Singapore, New Zealand, South Africa, Dubai, etc. 

As a brand philosophy, Priti believes in timeless classics and in creating evergreen outfits that clients can wear again and again, even pass them to the next generation as a legacy. The label’s minimalist yet fashion-forward style creates a beautiful blend of traditional and contemporary designs for modern Indian women who are proud of their roots. Her work strives to support sustainable fashion by incorporating local art and thereby promoting artisanal culture, by adhering to slow fashion, sourcing local raw material, and handcrafting high-quality products that are close to our hearts.

Her work can be seen on: 

Instagram: @pritisahnidesigns

Facebook: www.facebook.com/pritisahnidesigns

Website: www.pritisahni.com

 

Next Availability :

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Monday, 23-May-22 Between 3-4 PM

Tuesday, 24-May-22 Between 3-4 PM

Thursday, 26-May-22 Between 3-4 PM

Monday, 30-May-22 Between 3-4 PM

Languages Spoken:

English, Hindi, Marathi

Per call charge :

₹4,000