Profitable Shoe Making Business Plan Sample PDF - How to Start Shoe Making Business and Make money running it

shoe making business plan pdf, shoe making business in nigeria, shoe making business for sale, shoe making business philippines, shoe making business in pakistan, shoe making business in india, shoe making business plan sample

Making money has just got easier with this very business money. If the sellers and retailers of general foot wears and shoes can be making millions of money monthly then, what about the makers and manufacturers of such items? They are the bigger investors in the industry and thus, they generate much more returns than the sellers. That is why I label this business venture a money-spinning machine which can make you a very rich man or woman within the twinkle of an eye. There are many profitable businesses out there which you can start and make a lot of money for yourself but given my present state of mind right now, shoe making business is the one that I can strongly recommend for any potential investor to go into.

Gone are those days when people wander all over the places without putting on one form of footwear or the other. Everybody starting from young babies to little kids, children, teenagers, adults, grown-ups and the aged people put on foot wears whenever they want to move around the exteriors and even indoors sometimes. If you doubt this, move outside your house now and look around,. Surely, you will see hundreds upon thousands of people putting on footwears and thus, this underlines the fact that these items are fast moving products. Their rate of demand by the populace is generally high given the fact that they are widely used by people.

[Post Image Courtesy of Stoonn at FreeDigitalPhotos.net]

People put on shoes and footwears for many reasons. Firstly, it symbolises the fact that we are all civilised. It was during the ancient times that the primitive people moved around the rocky hills and warm sands bare-footed. Thanks to civilisation which has opened the eyes of the world to the beauty of footwears. Also, shootwears protects the feet from harms and health hazards. If you walk around without putting on anything, you stand the risk of getting your feet pierced by sharp objects, messed up by dust or dirty water or even getting overheated by the hot ground when the sun comes up. Soldiers, footballers, mountain climbers, snow skaters, engineers and many other professionals put on special footwears for the sake of carrying out their duties effectively and comfortably.

That is why footwears exists in different varieties and forms. While the males have specially designed footwears, there are also specially made shoes for the feminine gender. Also, there are many other footwears which can be put on either by a man or a woman. Shoe makers and manufacturers produce their footwears according to different age ranges, foot sizes, materials, professional demands, environmental situation in specific areas and with due consideration of many other criteria. Interestingly, footwears come in pairs because human beings generally have 2 legs. A pair of shoe for instance must have the right and the left casings packaged together.

For you to start making shoes and footwears, there are a lot of factors you have to consider before going into the business successfully and ensure maximum returns and profits from your investment on the long run.

• Firstly, you need to weigh your start up capital depending on the commercial scale in which you want to operated. Shoes and footwears can either be made manually or through the use of machines. So analyse your minimum start up requirements as well as your finances and know if you are equal to the task. If so, you can carry on with the implementation of your business plans.

• Decide on the type or forms of footwear you want to start producing. It can be male or female shoes, sandals, slippers, loaffers and many more types of footwears as it may relate to different age brackets and professions. As soon as you have made a choice on this aspect, you move on.

• Definitely, you will need to possess the relevant shoe making skills and a very good knowledge about the business. This will help you so much in the identification and procurement of good raw materials for your business, effective production cost control, creating of attractive shoe designs, developing a consistent dexterity in the art of making shoes, production of high quality footwears, fixing of competitive but profitable price for your product, marketing them easily to consumers and in even many more aspects.

When you know all these and become an expert in the field, you can be able to face and surmount all the inherent risks and challenges that may come your way as you do the business. I will advise that you enrol into a training and apprenticeship course with a professional shoe maker in order to acquire the necessary skills and knowledge about the business. If you can learn fast then, you will be through with your training in a few months or weeks. However, if you intent to just set up a shoe making outfit and employ skilled people to work for you, it is a good idea but it will be much better for you to know the business inside out before employing staffs to assist you.

• As soon as you are through with your training, set up your own business. Buy the required tools and machines from a reliable dealer and also procure other production inputs like leather, thread, soles, polish, smootheners among others. You can make your footwears from home and distribute them to your customers. That was how many successful businesses started. But if you have enough money, rent a shop for your shoe making business in a strategic place. In various markets situated in Aba, Abia state, Nigeria, you will see a lot of professional shoe makers there. You can also join them there or get some other strategic spot where you can reach customers easily. Furnish your shop and start production.

• Package and display your finished goods outside so that buyers can easily see them and possible buy them from you. Sell to them either in wholesale or retail quantities and prices according to their tastes and specifications. Make sure you place a well-designed signpost about your business beside your shop so as to alert people of your products and services.

• Also, you can promote your business through many other means like sharing of fliers, placement of banners, posters, billboards, newspaper and magazine adverts, radio and television broadcasts among many other cost-effective advertisement channels and media.

• With time, you will start getting bulk orders from footwear retailers in various markets. Even companies, schools and other various organizations can give you contracts to produce a specialized type of shoe or sandal for their employees and students. Do so with joy, fulfill their orders to their satisfaction and smile to the bank with your money.

• As your business base enlarges, think about registering a brand name for your business with the relevant authorities. In Nigeria, you can register a company name for your business venture with the Corporate Affairs Commission (CAC) for just a little fee. A corporate name gives your business an international recognition, approval, goodwill and a better image such that your profitability potentials will get larger day by day. Just choose any name you like. Shoe making companies like the Gucci, Bata, Zara, Swed and many more are all corporately registered and branded. Thus, you can register your own brand and start promoting it. Install more machines in your plant, employ more labourers and run your business smoothly for maximum gains.

Every individual is your potential customer in this business because we all wear one form of footwear or the other and as they get old or out of fashion, we change them regularly and frequently. Finding your buyers is not a problem. They will naturally come to you if you offer products of good designs, high quality, affordable prices and give periodic incentives like price slashes, discounts and free gifts. At the initial stage, you can even take your finished products around offices, households, schools, hotels, event and ceremony venues to convince your target audiences and sell your products directly to them for even more profits.

I cannot exhaust everything about this business here because it is a very complex but profitable business. So feel free to consult an expert in the field and he or she will put you through and feed you with all the information you will ever need to set up this business with ease and manage it profitably into the foreseeable future.

Use the comment box placed below to drop your comments about this post and you will be assisted where necessary by me and other readers who can help you.

Always come to this blog every minute and read my latest blog posts on how to start a business and make money without investing too much or no capital. Also, check my archives and read many other existing business and entrepreneurial articles that will help to succeed financially in all your sincere endeavours.

Thank you for coming here to read today. I really appreciate your attention.

TAGS: starting a shoe making business in nigeria, shoe making small business, how to start a shoe making business in the philippines, how to set up a shoe making business, business plan on shoe making company, feasibility study on shoe making business, feasibility report on shoe making business, how to start shoe making business, list of shoe making company, start a shoe making business, shoe making business proposal