Hi guys, Probably like you these last few months, my newsfeed has been swamped with articles related to Nasty Gal’s bankruptcy. I do not know if it is because I watched the Girlboss TV show on Netflix: maybe having the impression to share Sophia Amoruso’s joys and tears on screen made me care but reading … More CASH & FUNDING: 5 Lessons Emerging Designers Can Learn From Nasty Gal’s Bankruptcy
Hi guys, We have been talking a lot about fashion business plans lately. But what is it for? Why do you need it? and what is inside? The Business Plan: a courtesy for your investor When you apply for a job, you need to send a resume and your fashion portfolio to the recruiter and share … More CASH & FUNDING: The 7 Steps to Write your Fashion Business Plan
Source: Victoria’s Secret Fashion Show – Laurent Jean Philippe – Creative Commons Hi Guys, Today’s post is going to be short. After talking with a few fashion designer clients, I thought I would write about the timing when to start making your financial estimates. Making your financial projections is the last step to carry out in your business … More CASH & FUNDING: When To Make Your Financial Estimates?
Hi guys, today’s topic will cover the first step to begin with when making your financial projections to raise investment for your business. After you have thoroughly worked on your fashion brand identity, researched your market and defined your strategy, you are now ready to assess how much you will need for your whole concept to come … More CASH & FUNDING: How To Calculate The Startup Costs For Your Fashion Brand?
Source: GettyImages – Getty Images Entertainment – Stuart C. Wilson Hi all, Today’s cash & funding resource comes from a lecture on the basics of startup financing given by Nina Faulhaber at the London College of Fashion. We picked this content because firstly it answers all the questions a fashion designer might ask (Do I have … More CASH & FUNDING: 11 facts about funding a fashion brand
Source: GettyImages – Getty Images Entertainment – Slaven Vlasic Hi all, Clients often call me to help them get a business plan done, expecting FXF to deliver financial projections and charts that will magically win investors over. And yet, when we do the preliminary review of their brand identity, their collection and their strategy, which are the … More CASH & FUNDING: 6 ideas to improve your luxury fashion business
Source: http://www.stellavalle.com Hi all, Presently preparing to coach a client for a pitch, I thought of a quick checklist I made out of one of the pitches I saw online. The accessory brand Stella Valle pitches at the TV Show Shark Tank. Mark Cuban and Lori Grenier both invested in the business for USD150,000 for a … More CASH & FUNDING: 12 Lessons from the Stella Valle pitch at Shark Tank
Source: Gettyimages – Moment Open – Jack Berman Hi all, Here is another basic presented by Startup Fashion we would like to talk about: the difference between sales and profit. It sounds very simple on paper however in reality, it implies a few decisions on our behalf. Lesson n°1: think profit. Sales are good, profits are better since it’s … More CASH & FUNDING: Think profit!
Source: Getty Images – Getty Images EntertainmentVictor Boyko Hi all, Looking for investors to fund your brand can be very complex. Things do not stop at delivering a business plan. You have to pitch to the investors and only then the whole process starts. And then, you need to land the right investor. We … More CASH & FUNDING: 8 great advice to pitch your fashion business to the right investor
Source: Gettyimages – WireImage Randy Brooke – Marc Jacobs Fall 2016 – New York Fashion Week Hi all, Since the Startup Fashion beginner’s guide to fashion funding got lots of success, I decided to make another step forward. Now it’s time for you to learn about your options to obtain fundings for your fashion business. The Business … More CASH & FUNDING: Quick guide about your funding options