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HOUSE OF FASHION
Industry: SEWING
Location: Durban Clere estate
Total Required: R38500
About HOUSE OF FASHION
What I am currently doing with my small business
AS THERE IS AN INCREASE OF FASHION ENTHUSIASM IN THE WORLD, THERE IS STILL A SIGNIFICANT NUMBER OF PEOPLE WHOM CANT REALLY AFFORD THE OBIDENT PRICE OF TAILOR MADE GARMENTS AND THA IS WHERE THE HOUSE OF FASHION INTERVENES. THE HOUSE OF FASHION IS THE BUSINESS THAT IS STRIVING TO MEET PEOPLE’S FASHION NEEDS ACCORDING TO THEIR FINANCIAL BUDGET, GIVING THEM OPULENT LOOK WITHOUT HAVING TO RIP THEM OFF. AT HOUSE OF FASHION WE ARE DEALING WITH TRADITIONAL ATTIRES OF ALL CULTURES, PHINIFA’S AND BEADS
If I acquired funding this is how I would expand my small business
THE AIM OF THIS BUSINESS IS TO BE ACCESSEBLE TO A GREATER POPULATION IN SUCH A WAY THAT IT WILL ALSO OFFER CALL OUT WHERE EXTRA FEES WILL BE CHARGED AND THAT WILL BE FOR PEOPLE WHO WISH TO BE SERVICED AT THEIR COMFORT ZONE. WE ALSO WISH TO MEET CUSTOMERS NEEDS AS POSSIBLE AS WE CAN. I WILL EXPAND BY EMPLOYING 3 PEOPLE AND LOOKING FOR A BIGGER SPACE FOR WORKING.
How will funding impact my small business
AS FOR NOW I ONLY HAVE ONE FLAT MACHINE AND IM WORKING IN VERY SMALL SPACE SO THE FUNDING WILL HELP ME TO PURCHASE EQUIPMENT AND GET A BIGGER PLACE TO RENT, AND EMPLOY MAYBE 3 PEOPLE. WITH THIS FUNDING I WILL BE ABLE TO BUY 2 FLAT MACHINES AT A COST OF R7000 EACH, 1 OVERLOCK MACHINE AT A COST OF R8500, 1 COVER SEAM MACHINE AT A COST OF R10 000, FABRIC MATERIAL WITH A COST OF R5000, CUTTING TOOLS WITH A COST OF R500, MARKING TOOLS AT COST OF R500