F is for fashion student

Congratulations on deciding to build your brand with Fashion Student Online

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Welcome, here is the awesome Module 1, …. I am so glad you are joining our tribe … xx

MODULE 1

WEEK 3

BUSINESS PLAN

Fail to Plan, Plan to Fail

Lesson 3, we are introducing you to our business plan…

As a fashion graduate you may have already completed a business plan for an assessment or you may have one you have completed for another objective.

PLANNING.

Getting super clear on what you want to achieve/get/illicit is the first step to success.

It will benefit you to have your previous business plan handy to recap on your thoughts, goals & creative objectives. The biggest difference may be that you are now doing this for real.

Download the roadmap below

Remember:

THIS IS A WORK IN PROGRESS.

 

Contents

1.0         Executive Summary

1.1         Mission Statement. 4

1.2         Business Description. 4

1.3         Product/Service Features. 4

1.4         Location. 4

1.5         Market Analysis. 4

1.6         Market Strategy. 4

1.7         Key Financial Objectives. 4

1.8         Business Structure. 5

1.9         Human Resources. 5

1.10      Key Objectives. 5

1.11      SWOT Analysis. 5

2.0         Business Eligibility Criteria – NEIS. 6

3.0         Legal Requirements. 7

3.1         Business Registration. 7

3.2         Business Structure. 7

3.3         Licences and Permits. 7

3.4         Insurance. 8

3.5         Record Keeping Systems. 8

4.0         Marketing Plan. 8

4.1         Target Market (Customer Analysis). 8

4.2         Competitor Analysis. 8

4.3         Product/Service. 8

4.4         Product/Service Production. 9

4.5         Marketing Strategy. 9

4.6         Selling and Customer Service Procedures. 9

4.7         Marketing Action Plan. 9

5.0         Business Operations. 10

5.1         Production Process. 10

5.2         Suppliers. 10

5.3         Plant and Equipment. 10

5.4         Inventory. 10

5.5         Technology (Software). 10

5.6         Trading Hours. 10

5.7         Communication Channels. 10

5.8         Payment Types. 11

5.9         Credit Policy. 11

5.10      Warranties and Refunds. 11

5.11      Quality Control 11

5.12      Occupational Health and Safety. 11

5.13      Risk Assessment and Management Plan. 11

6.0         Financial Plan. 12

6.1         Key Objectives and Financial Review.. 12

6.2         Income Projection (Profit and Loss). 12

6.3         Cash Flow.. 12

6.4         Break-Even Analysis. 12

7.0         Human Resources. 13

7.1         Management and Key Personnel 13

7.2         Future Staffing. 13

7.3         Professional Development. 13

8.0         Supporting Documentation. 14

9.0         Business Action Plan. 15

 

Keep this document handy and you will go back over this business plan every month, adding to it and building on it. We hope you enjoy this journey of creation and self discovery because this isn’t just about building an empire it’s also about you.

xxx

Watch Video

BONUS

Having trouble figuring out what to name your business….??? this little Business name questionnaire may help xx

FASHION DESIGN

Do you love designing or need help. We have option extras available

ILLUSTRATION

Being able to draw is not always easy for some, here we have a lot of easy to follow tricks and tips for the beginner and more advanced how to steps for the natural artist.

PATTERN MAKING

Creating your own wardrobe starts with patternmaking, engineering a flat piece of cloth around a 3 dimensional form takes practice, trial and error.

BUSINESS

Focused towards established businesses.

SEWING

More and more people are wanting to learn to sew, if you have the knack already and want to improve with our how to videos check out this area & take your time..

SUSTAINABILITY

This is a huge game changer for many fashion businesses now, with the Fashion Revolution held annually around the world every April as one major unfortunate event. What is your take on this …. ?

BONUS

Connect to our facebook community and see what’s happening in the world of fashion, perhaps you will get some free instant tips and tricks

BONUS

COMING SOON

Looking for work? Register on our ‘We are Hiring’ page.

BONUS

COMING SOON

Business Directory is only $10 a month check it out here.

BONUS

Influencers go live weekly on our membership programs.
COMING SOON

SOOOOO EXCITED

With love … xx

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