Very important business matter, please post many answers, 10 points to the best!!?

Question

I created a very potential (according to a few experts) logo for clothes (t shirts in particular), and i have money to invest, however, i am scared of making the wrong moves and waste the opportunity. I have to start from scratch and i am open to any sort of suggestion in order to make it work. Please help me, how should i start, what should i do, and how much money do i really need to make it work??

Answer 1

I would hate to steer you in the wrong direction, I would be scared too about the possibility of success or failure, but I can say that it would be a good idea to at least consider hiring a financial advisor.  Make sure you research the c**p out of the different types of financial advisors there are and do whatever background research you can on each one that you meet.  In regards to the potential of your logo, you may want to do independent research.  Ask people that are part of your target demographic what they think.  I really hope that the experts you talked to didn't just butter you up when they heard you have money to invest.  (I don't know the whole story about the meetings and stuff, so if I'm way off base, just ignore me.)  You've looked at copyrights for your logo, I assume.  That's all I have, because I have never and most likely will never be in this situation.... some people are just more creative than others.  But best of luck to you!

Answer 2

Start   with  only  making  enough  to  meet  demand .

There  are   bazillions  of   T shirts  out  there  and  people  are  fashion  fickle .

Make  just  enough  for  demand  so  that  you  do  Not  have  major  excess  inventory  when  demand  drops .

good  luck

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Answer 3

i agree, protect yourself, trademark it first.last thing you want is to be successful..and having someone else ripping you off. i would hesitate spending more than i feel comfortable losing. if someones telling you this could be successful, perhaps they should put up the money and receive a percentage of the profits.

Answer 4

You need to talk to an attorney first.  Register the logo as a trademark before you start putting out any product.

Then, you need to work with a professional business planner.

Answer 5

I think that protecting your logo is a good move but do not spend to much time doing that. If someone copy it, you will spend hours and cash in court, perhaps it will not worth it. In addition, people will copy it mainly if it is successfull.

To launch a successfull business for clothes I think that the most important it to be able to create a word of mouth.

- First, develop a very good looking web site.

- Second, manufacture few (100) tee shirts that you will sell to friends, familly and colleagues. They will do the advertising for you by wearing it. In addition, if someone who saw the tee shirt wants to have more information about it, he will google your brand and visit your website.

- Third, if other people are interested in buying your tee shirt, then manufacture more. Manufacturing tee shirts according to the demand will help you no to spend to much money in it. In case of failure your stock will be low.

If your brand is very good, I think that teenagers will adopt it soon. Try to sell/ give tee shirts to students in high school. Once leaders like a brand, every body will buy one.

Good Luck.