Fashion Business V: Developing the Right Business Model for Your Brand
About The Workshop
Hi Leaners! Every fashion designer who builds the brand since the start must have a foothold and business guidelines: the business model and the business plan. Business plan describing “what” is to be done for the company; While the business model describe “how” the company generates revenue and profits in the middle of the competitive fashion business. As a foundation and business guidelines, models and business plans must be formulated carefully and precisely, so that you know exactly whether your business will lead to success or vice versa.
What will you learn?
In this class you will explore the key issues in fashion business and how to develop business model and plan in the context of running a fashion business.
ABOUT THE TEACHER(S)
The business plan is a strategic road map that will help you reach your goals and essential tools for raising investment. It’s a key step that contains information on your products, competitive landscape, marketing, pricing, distribution, management, financial information and also for clarifying your goals and objectives, and communicating these to your wider team of employees, business partners and clients.
In this class, we designed interactive workshop that will help you to understand how to identify the specific actions that your business need to take to go after the market opportunity you have identified.
At the end of class, you will able to detail the structure of your business, who your ideal customers are and how you make a plan to diving into market.
What do you need to bring?