HOW MUCH MONEY DO YOU NEED TO START A FASHION BRAND?

If you are developing a collection of approximately five designs, we recommend securing a minimum of $10,000 in funding.

This would cover only your first collection. So if you want to have another one prepared then another $10,000 would be necessary.

But what if you don’t have $10,000? How do you start your brand? Here are some ways to start…

• You could do a sample collection and hype the brand and collection, then sell it on pre-order to raise enough funds to put the bulk into production Borrowing the funds from friends and family – this would mean that you would get an upfront cash injection without interest.

• Work for someone else, save up money and put it into your business. Once your business can support you enough to work on it part time or full time, then you can transition to your business accordingly.

• Go into business with someone else who has the money – you can split the shares and operate the business together. As the business becomes profitable, the initial investment will be repaid to the investor.

Hot tip: We don’t recommend running your business off a credit card or bank loan, as the interest repayments are very high.

And we recommend care when considering an investor who will not directly work in the business, as their primary concern will be the immediate growth of their investment.

Starting a fashion brand is a challenging yet rewarding endeavor. With careful planning and strategic financial decisions, you can overcome initial funding obstacles and bring your creative vision to life. Explore the options outlined above and choose the one that aligns best with your goals.

Ready to take the next step in launching your fashion brand? We are here to guide you through it in detail — every step of the way.