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8 Tips for Getting Investors to Fund Your Fashion or Retail BusinessAt our “How to Make It in Fashion” conference in L.A. on Friday, style and retail entrepreneurs shared their tips for pitching investors and touchdown the proper ones. One of the most important challenges you’ll face as a brand new business is that cash flows out – for product growth and manufacturing – lengthy before it comes back in from retailers or clients. From the very beginning, you’ll have to know the place your funding is coming from and maintain your funds beneath management. Taking investment can imply dropping some of your control over the business, so think carefully and don’t give away too much too cheaply. If you’re planning to promote on-line, bear in mind that colourful and printed products are normally most popular, and any garment with an unusual form or match goes to be a tough promote on a web site. Once you can afford it, establishing your individual web site will maximize your profit margins and offer you direct entry to customers.
Start by sorting out your personal wardrobe and selling what you don’t need on eBay. If there’s one thing we will’t get sufficient off, it’s shopping for footwear! As the world can’t get sufficient of shoe purchasing you can definitely do a lot worse than starting your personal shoe manufacturing enterprise. So, how do you flip your love-affair for fashion into a profitable enterprise? Check out my information on how to begin your … Read More
