How to Start a Tailoring Business

Often, the clothes that consumers pay large amounts of money for aren’t the perfect fit. In instances where an evening gown is too long, or the cuffs of a suit too wide, tailors can be a lifesaver. A tailor makes, alters and repairs clothing for a fees. In this article, we’ll tell you how you can get started on building your tailoring business.

1. Assess your industry

When starting a business, it’s wise to gain a solid understanding of the industry you’ll be operating in. This is so that you can understand the nature of what you’ll be doing, the risks involved, and whether it is the right time to enter the market.

2. Learn the right skills

Tailoring is a trade which has been around for centuries, meaning there is a level of skill involved. Before starting your business, make sure you have learnt the tricks and tips to making and altering clothing. It’s important that you know how to sew as well, as well as use a sewing machine.

3. Choose your business structure

After deciding you want to start a tailoring business, you need to determine which business structure is best for your business. You can either be a sole trader, partnership, or register as a company.

Being a sole trader means you have unlimited liability for the costs you incur in running your own tailoring business. Being in a partnership means that you will need a partnership agreement to set out the terms and clauses of running the business alongside your partner(s). Forming a company will mean that your business will be considered a separate legal entity and you will be taxed under corporate rates. Either way, you will need to first register your business and obtain an Australian Business Number (ABN).

4. Make a business plan

After deciding what your business structure will be, you will need to create a business plan. This includes the branding, furnishing of the store, target audience, and how your business will serve your target market. These information’s will be outlined in your business plan which includes your marketing plan, implementation plan and feasibility analysis.

5. Supply of materials

You cannot alter clothing without having the right equipment and materials. Things you’ll need include needles, thread and a tape measure. These are all products you can order wholesale and subsequently, receive for a lower price.

6. Your location

Many tailoring businesses operate out a of store. At this point, you’ll want to think about location, rent and how you’ll make your store visible. For example, setting up shop in a district where a lot of corporate offices are means you may attract more corporate clients. Renting a space also means you’ll have to sign a retail lease. Retail leases are governed by the Retail Leases Act 1994 (NSW).

6. Insurance

A business should always have insurance to reduce liabilities and risks. For instance, public liability insurance will protect you if a third party is injured or their property gets damaged on your premises. Other types of business insurance are also available, including those which cover your employees and contents in your store.

Final Thoughts

Tailoring whilst a traditional industry, is still in demand especially for those who wear suits or other expensive clothing. To get your tailoring business off to the best start, it’s important to plan before you commence operations and know what to expect as a business owner. If you have further questions about your legal obligations as a new business owner, it’s wise to get in touch with a business lawyer.

Don’t know where to start? Contact us on 1800 529 728 to learn more about customising legal documents and obtaining a fixed-fee quote from Australia’s largest lawyer marketplace.

You may also like
Recent Articles

Get the latest news

By clicking on 'Sign up to our newsletter' you are agreeing to the Lawpath Terms & Conditions


Register for our free live webinar today!

Price of Justice: Paying the Right Price for Legal Expertise

12:00pm AEDT
Tuesday 30th April 2024

By clicking on 'Register for webinar' you are agreeing to the Lawpath Terms & Conditions

You may also like

Impartiality and objectivity are key traits of the law. The arm's length principle helps preserve this. Read more about this principle here.
A partnership agreement acts as the foundation for business partnerships. Breaches can cause serious harm to a business, but there are legal remedies available. Read this article to find out more about what solutions can be reached.
Want to learn more about the off-field legal matters that affect Australian sports? Find out more about sports law in this article.

Thank you!

Your registration is confirmed. Keep an eye on your inbox for an email with details on how to watch the webinar.