Starting A Textile Company: Textile Challenges

Mar 10, 2014 Comments Off by

As I look for a new stream of income, I have decided to start an online company selling textile products. This was after considering many types of products and deciding to go with a product that requires low seed money.

4 Products, 1 Niche

I currently have 4 product ideas for a specific niche of women’s textiles. Over the last three days, I have started sewing prototypes of three of those ideas and am getting closer to workable prototypes. Today I did recce exercise at my local garment store and looked at how my competitors sold their products.

Challenges

One of my challenge encountered has been in sourcing fasteners. There are ample sources of fasteners but I want to source fasteners that are high quality and manufacturing continuity. Alibaba.com provided some good options along with another reputable fastener company.

Another challenge that I have is that I know nothing about commercial textiles. Sure I can sew and create my own patterns but I don’t know all the information that a textile maker requires in order to make a product. Needless to say, I don’t want them to think they need to hold my hand and therefore refuse to take me on as a client. As a result, I have gone to my library to take out books on commercial textiles and bought a book that my library didn’t carry.

My last challenge for the day was that I discovered that two of my competitors have patents on the product that I want to make. Regular garments cannot be patented but accessories with a specific utility can. I was taken by surprise that my competing products are patented. I will need to review those patents and make sure that my design does not infringe on their patents. If my design is cleared, I will then decide if I want to patent my design which will set me back $5000 at a minimum.

Before I move into my product testing phase of my business plan, I need to go through these challenges.

Entrepreneurship, Strategy

About the author

Clara Cannes, the chief author from Goldeneer is a Canadian that works as a full time employee in the engineering field. Her passion is real estate, entrepreneurship and sustainability. Clara has finally reached financial independence in her late 20's and is on the path to a comfortable retirement by 35.
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