Fashion Designer Business Plan: With Feasibility Report and Financial Model Template

The fashion design industry has no companies with a dominant market share in the industry. The industry is one that has generated revenue of #$2 billion with an annual growth of 7.2% for between the periods of 2011 to 2016. In the United States of America, there are more than 19,000 fashion designer businesses employing nearly 27,000 people.

The fashion design industry is one that has trended toward growth in the last years between 2011 and 2016. This is due to the fact that designers in order to appeal to a large section of their target market have started closing the gap between style and value.

The industry is still projected to grow between the periods of 2017 to 2022, and the revenue in this industry will grow too depending on increasing consumer confidence and the rising per capita disposable income. More than two-thirds of the establishments in the fashion design industry are located in three states the United States, Florida, and California.

It is a business that is still pretty much open for investors to come and compete for the available market in the country you intend to launch the business. Over and above, if you have decided to start a FASHION DESIGN company, then you should make sure that you carry out thorough feasibility studies and also market surveys.

This will enable you properly locate the business in a community or city with the right demography; a location that can readily accept your products.

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