Manufacturing | How to Start Your Fashion Company®

Start your Fashion Company Manufacturing | How to Start Your Fashion Company®
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Transcript

Manufacturing is a topic that I think it causes stress. That's a really tough segment of the business to deal with. If you're a starting designer, it's it's difficult to build those relationships, the ones that you need to have with the suppliers and with the factories so that they can produce your product to your standards. And I'm here to help. I have a couple of tips. My number one tip is don't pay for your production upfront.

If you put your product in a factory, you want to pay them upon delivery once they make you beautiful product, and it is passes all your tests and it's to your quality standards. That's when you pay for your product. I once had this client, she came to me after she placed her production in a factory. She paid them up front and then they pretty much stopped communicating with her. They would not answer her phone calls. They will would not give her anything that she needed, she actually had to show up at the factory.

And pretty much they ruined her production. And all of this is because she paid up front, they no longer cared about the fact that they had to produce her product to standards. So one of my major tips to you designers out there is to not only find a reputable, really good quality factory, but to pay them when the work is completed. Now, I know it's difficult because you're new, you're newly working with them. They don't trust you as much as maybe you don't trust them. Some of them may ask for a deposit, you being a newbie, I'd say don't pay a deposit.

But if you must, if you're in that factory, and they're working on product for a line that you hold in high regards, then maybe pay only up to a 10% deposit. The factory still has to work for it. You can't pay them enough so then they don't care anymore about your order. I say bye Don't pay a deposit. But if you must, if this is imperative if there's no other way for them to produce your product and they are a spectacular high quality, top of the line factory, then I may give them a deposit but I would only give them like I said 10% so that they still have to earn the 90% and they still have to give you the quality that your company requires. So my tip to you designers don't pay factories upfront deposit only in dire straits only if again, the factory is top Primo Awan wonderful quality, then 10% would be the max that you should ever give as a deposit to a factory so that you can get your product to your standards at the end.

If you like these tips, subscribe to us on our YouTube channel. Hit us up on our website, m shop nyc.com You can find us on Facebook. You can check us on Twitter, Instagram, Pinterest, they're everywhere. We'll help you out. That's what we're doing.

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