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BUSINESS PLAN

Do I really need a  business plan ?

Many  of our clients do not consider it necessary or worthwhile to construct a business plan, especially if they are not planning to obtain  loans or to attract investors. While I am sympathetic to that view, a business plan can be a very useful tool. A business plan will inform you  whether your business is viable, how much money would be needed to start your business and where that money would go at what stage in the development. It helps enormously to  have to think through the logistics and  to have a written clarification.

PHONE – 07905-965-305

EMAIL – thelondonpatterncutter@gmail.com

In order to run  a successful and profitable fashion business,  a business plan is very important.  It contains vital information on your products, competitors, pricing, marketing and finance. It also helps greatly in defining your business goals and objectives.

The fashion business is very different to  other businesses due to the short life cycle of the product. If everything is not planned and coordinated correctly the product may not come to market at the correct time, which could seriously effect the  price and the cash flow.

It takes many hundreds of hours  just to pick up the basic information needed to set up and run a successful fashion business. We ourselves always suggest  that  our clients learn alongside us as they  get on with the real business of designing and creating fashion. We can supply invaluable mentoring and advice . In my opinion this is infinitely better than spending forever researching and planning.

 

Fashion business plan workshop

We run a two hour, 1-1 workshop  designed to create your own personal fashion business plan.  For those new to the fashion business we recommend if possible combining this workshop with our fashion start-up workshop.

” The beginning of wisdom is to call things by their proper name”     CONFUCIUS

 

Executive summary

The executive summary  is a short prefice of the business plan report. It focusses the mind in order to distill the essence of your business down to a page or less. This page may well be the only page that is read by a potential investor, so having a strong executive summary is key. In fact the first sentence may be the only part that gets read. So there is a good agrument that your executive summary needs an executive summary.

PHONE – 07905-965-305

EMAIL – thelondonpatterncutter@gmail.com

 

 

Freelance Pattern Cutters For London, Kent and U.K.