Start with a pantyhose factory
The most common and daily of the stockings, those that can make the image of a woman change from head to toe, can be your business alternative to undertake with a view to a promising future. It is a classic that, far from disappearing, every day launches a new design, both in color, texture or format. That is why it becomes one of the most profitable business ideas in the world of fashion.
On this occasion we invite you to open your Pantyhose Factory, a business that proposes to start from scratch with the elaboration until it reaches the customer.
How to start? Let’s see all you need to start.
A great list of production businesses you can see here
Operation of a pantyhose factory
This business idea proposes that the entrepreneur, with a certain amount of investment capital, starts the elaboration of pantyhose to be launched into the market. As far as marketing is concerned, the entrepreneur can choose either to open his own operating premises from which to distribute the product, or to sell to specialized stores already installed in the wholesale market.
Thus, we can manufacture pantyhose of different styles, colors and sizes, to respond to a market demand with a series of presentations that capture the public.
What products can I sell?
You have a great variety of products and variations that you can offer to the public. Among them we find printed pantyhose, office pantyhose, school pantyhose with their different colors and prints if you have them, thick pantyhose, thin pantyhose, pantyhose of specific materials, among others.
First steps with a pantyhose factory
There are several brands to choose from, which are divided according to quality and price. However, the classic model is the one detailed below.
High Speed Pantyhose Jacquard Weaving Machine: it allows the manufacture of jersey knitted panties with double front and without seams. Its knitting system produces the jacquard stitch. It has two tracks, one lower and one upper and the needle loop system can be controlled by a microcomputer system. One of its main advantages is that it allows the production of both panties and children’s clothing, socks and underwear.
Make a business plan in which you include a detailed outline of how your project will work, the type of products you will sell, how you will make yourself known in the market, the customer profiles you will address, among other necessary aspects, including the machinery and raw material. This will help you get an idea of how much money you will need to get started.
Starting requirements: What do I need to open a pantyhose factory?
Before starting your business, you will need to comply with certain regulations, both general ones for any company and for each particular case in a Pantyhose Factory.
Local: you will need an establishment suitable to officiate as a factory. It should be a large place, with space to house the machines and the stock of goods. You can ask your real estate agent about the possibility of acquiring, either as a rental or as a purchase, a site that has already been a factory.
Conditioning and Tuning up: the place will need to be conditioned, that is, cleaned, painted, its electrical part fixed, water pipes checked and everything that is relevant for its proper functioning. An architect’s visit could be of great help for an initial assessment.
Machinery: acquire the machinery that best suits your needs, looking for the right brand for your business. In the section of this category we will detail the function of the classic machine used in a Pantyhose Factory.
Capital: obviously, you must have the capital to invest, which may come from your savings, a loan from a relative, or a loan from a financial institution. In the first case, always invest less than the total of your total capital, never stay at zero, the unexpected appear and do not forgive. In any of the loan cases, make a business plan, calculating an estimate of time in which you have an idea of how long it will take to recover the investment, so you can develop a realistic payment system.
Do I need to hire staff?
In the initial stage you may not need a large team, as it takes time to become known in the market and before you start selling in large quantities, you will need to be well equipped.
With the increase in demand you will be able to start counting on more people and supplies. Hire the personnel you require according to the regulations of your country. Check the laws of your country, as factory personnel
is more likely to vary in the receipt of his or her salary than a shop worker.
Tips for setting up a pantyhose factory as a profitable business
It is very important that, as you become known, you expand your range of products, because your machinery allows you to do so. Consider selling different types of socks for other types of customers, different ages and needs. This is an excellent way to increase your income and continue growing in the market.
On the other hand, look for workers with experience in the area, since this will save you a lot of time in explanation and training, you will only have to train them in the dynamics of your specific Pantyhose Factory.
Weaknesses: Losing your customers’ credibility is very easy in such a competitive market where price competes with established brands and those that are starting to make their way in it. That’s why it’s essential that you succeed in capturing the attention of your customers, however the challenge is to maintain it, because even though you offer a better quality product, you may find that your customers no longer change the brand they use.
Make sure you have good suppliers of the raw material, as well as personnel dedicated to the production of the pantyhose who have the knowledge and experience to create a good final product.
Pros: One of the advantages of this particular type of business, especially when it comes to direct manufacturing, is that you have the freedom to choose how you will market your product according to your conditions and preferences. If you want to save money, you can easily sell to other retailers and start with a small amount to evaluate the market response.
Now that you know all this information, it is time to start with the detailed planning of your business according to the conditions of your project. Be sure to keep track of every move so you have everything under control and on track.
Start your business, the time is now.