Starting a fashion brand requires careful planning and budgeting, which can vary based on the scale and type of brand you're aiming for (e.g., luxury, streetwear, or sustainable fashion). Hereโs a general overview of what you need and an estimated budget:
1. Market Research
2. Brand Development
3. Design & Production
4. Sales Channels
5. Marketing & Advertising
6. Logistics
7. Estimated Budget:
a. Initial Branding & Legal Setup: โน50,000 - โน1,00,000
Includes logo design, registering your business, and setting up a website.
b. Design & Sampling: โน1,00,000 - โน2,50,000
Includes fabric sourcing, prototyping, and sampling.
c. Production Costs: โน3,00,000 - โน10,00,000+
Depends on the quantity, quality, and complexity of designs. You can start with a limited collection of 100-200 units.
d. Website & E-commerce Setup: โน50,000 - โน1,50,000
Covers website design, domain, hosting, and e-commerce platform costs.
