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Products – You need to describe your line in detail. A business plan consultant with relevant expertise will contact you shortly. Business Plan For A Fashion Brand Case: MW Oy Bachelor's Thesis in International Business, 85 pages, 3 pages of appendices Spring 2012 ABSTRACT This thesis copes with finding a niche market in Finnish fashion industry and based on the findings, a business idea is generated as well as a business plan is The questions are: 1. OGScapital – Serving you with offices in the USA, the United Kingdom, and Canada. Considering the current market demand of our products and our sales strategy, our experts have forecasted following sales on a yearly basis which are summarized in the column charts. That’s why Jackie made sure to prepare a comprehensive business plan detailing all aspects of his venture. Punk Wear will be an Orlando-based clothing line. Market analysis – From the data gathered during your research, describe how you’ll bring your line to your target consumers. Hypoallergenic, breathable, germ-repellant cotton with printed pattern. Booming Boutique will sell a combination of widely … You will also need to define what type of brand you are, whether you want to focus on christian clothing, retro t-shirts, urban streetwear shirts or high end products. The plan will contain details about your fashion label, competitors, marketing, distribution, and financial information. The popularity of casual clothing which started in the 1990s hasn’t yet faded away, nor will it decrease in the decades to come. When creating a brand the first thing that needs to be made is a formal business plan [2]. Our clothing line will be relatively cheaper than other similar products but still, they will be of the highest quality possible. 1.0 EXECUTIVE SUMMARY. Hey everyone. Here’s an example of a clothing retail business plan outline. Your financial plan should cover all the financial aspects of your startup so that you can easily manage your startup expenses and the salaries of your employees while also achieving your financial goals. As our business grows with time, we will increase the number of departmental stores to whom we will supply our streetwear. We were able to out rightly buy over the facility with the help of our bank.Classic Label™ Clothing Line™ will be involved in the production of clothes (casual, corporate, sport clothes et al) that will meet the needs of male, female, young adult and children. Required fields are marked *. Explain how your clothes will stand out from all the others. Why are you creating/promoting this brand? Nicole Giordano. OGScapital website is not supported for your current browser.Please use: Self-Employed Visa Business Plan (Canada), British Columbia BC PNP Visa Business Concept (Canada), British Columbia BC PNP Visa Business Plan, Nova Scotia NSNP Visa Business Plan (Canada), Manitoba MPNP Visa Business Plan (Canada), Other Current Liabilities (interest-free), Long-term Liabilities Principal Repayment, Selling, General & Administrative Expenses, We will advertise our products through print as well as social media, We will allow our customers to buy our products online with an easy-to-use online store, We will offer gift hampers and attractive discounts on our products to encourage sales, We will provide special discounts on customer referrals, 1 Production Manager for managing the production facility, 10 Production Workers for operating the production plant, 2 Accountants to maintain financial records, 3 Fashion Designers for launching new ideas, 8 Assistants for operating display center, 1 Front Desk Officer to act as receptionist. Shirts/Tops range from $35-$88. But primarily, the business plan is there for you. The company will be started by Jackie Kit, a serial entrepreneur from Orlando, Florida, who moved to the US two decades ago to pursue his degree in entrepreneurship from MIT. View our solutions here, Your email address will not be published. Only the apparels will be manufactured by the company under the brand name of ‘Punk Wear’. We will provide our high-quality products to the local residential community as well as departmental stores, and our customers will also be able to make a purchase through our online store. A 2000 square feet shop has been procured on lease to serve as Punk Wear display center. Download Fashion Business Plan Sample in pdf. The title of the brand came from a street/slang term “ten people in a show of force.” The brand comes with a variety of cheap, but quality t-shirts that represent individuality, hip-hop, punk, skate and street graffiti. Determine your business model, sales strategy, marketing strategy, need for money, plan for profit etc. Anti-viral and anti-microbial coating. A business plan is necessary if you want to bring other people on board, e.g. %xvlqhvv 3odq )¶-r\ &rxwxuh 2produd .hpl 2ghgludq %dfkhoru¶v 7khvlv 'hjuhh 3urjudpph lq ,qwhuqdwlrqdo 6dohv 0dunhwlqj These days, starting a successful streetwear brand requires little more than access to a screenprinter and an Instagram account. It’s always better to hire your staff before launching your startup so that you can train them efficiently. The plan should start with a brand overview of the business and product. All the three ventures have been a great success and Jackie now looks forward to moving to an even bigger initiative. It helps to plan the other components of the startup. For startup, the company will procure a clothing production facility as well as a display center. Management summary – Who else is on your team? A sole proprietorship is the “most basic type of business to establish” according to the SBA (Small Business … Customers located across the US will also be able to purchase our products through our online store. Recently, I decided that I am going to split this up into different posts because there are so many concepts to this that 1 super long post would be super boring. investors or partners. 1.1 COMPANY & INDUSTRY. Punk Wear will be a one-stop shop for all streetwear clothing and will provide an assortment of products ranging from casual shirts, to punk jeans, to sneakers. Finally, we will provide exceptional customer service to convert our visitors into loyal customers. Before starting a streetwear company, you must create a list of the employees required to run your business as well as their job descriptions. Positioning Your Brand Most businesses in the apparel world use a cost-based pricing strategy, in which the final cost to the consumer ultimately comes from the cost of producing that product. Punk Wear will be an Orlando-based clothing line, which will initially comprise of a display center and a production facility. Learn How To. Your street label might already have some income or even debts. Starting from an e-commerce store, Jackie moved on to launch a book shop and a vintage musical store. The purpose of this business plan is to secure a $27,000 ACCION loan. OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. It is very important for you to analyze your target audience so that you can develop effective marketing strategies to attract them to you. Competition – An analysis of your competitors should highlight their strengths and weaknesses. Here are some things that you should be pondering to yourself before you get into the meat of this business, because it might not really be for you. You can also take to the internet to get streetwear clothing brand name ideas as well as other related information. These questions and more will help you understand your competition and plan an effective marketing strategy. Products. We have been able to secure a large warehouse that will be converted to our production factory. The brand will be the opposite of Harley brand clothing, truly feminine, sexy and elegant. The display center, which will also be the company headquarters, will be started in a 2000 square feet shop in downtown Orlando. During the 1990s, Jun Takahashi’s renegade streetwear brand was a big part of the ultra-cool Ura-Harajuku scene in Tokyo and was one of the first labels to really make the crossover between streetwear and … Publication is designed to help you plan and project as well as convince people to back you with,! 1990S, the company headquarters, will be a new player in the active apparel... Nearby stores way for him to invest what he has made from his previous ventures downtown Orlando, Punk. In three years time niche will continue to increase over the course of the.! Business with you products for Surfing, skating and other active lifestyles streetwear designers start out by funding own! To moving to an even bigger initiative business plan package is a streetwear brand originated new. Business, and sell our products brand overview of the business plan doing! Seek financial experts to help you plan your company, produce your product, promote your brand you! 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