The various parts of the world specifically produces the best qualities of fabrics as their specialty. It’s worth remembering the best and most economical countries to choose from when sourcing fabrics for your own collection. Here are the list of countries and what types of fabrics they produce the best or are famous for: 1....
A crucial part in creating a collection for your business is finding quality materials at the best price possible. In here, we’re going to talk about the 5 material sourcing options, to know which ones fit your brand’s needs for your fashion business. 1. FABRIC MILLS – Sourcing directly from mills is the best option....
Continuing from the last article about working with manufacturers, we talk about the types of factory services, challenges and the difference between local and overseas suppliers to work with for your fashion business. Here are the 2 types of factory services: 1. Full Package Service (FP) – It’s the simplest and straightforward choice for designers...
Selecting how and where to manufacture your products will give your brand an edge. These are some of the most important decisions you will have to make for your company. Let’s talk about sourcing factories and the selection process. SOURCING FACTORIES: 1. ASK FOR RECOMMENDATIONS – Asking for recommendations from your peers in the apparel...
This right here is the least glamorous process in the fashion business: The production process. It’s also one of the most important parts. There are 12 important steps in production and we’re going to go describe each one of them because I want to make sure that you have a lot of time to manage...
In an entire collection, each item has a different purpose. A lot of the items don’t serve the same purpose. Some pieces are great at attracting traffic or eyeballs, some pieces are going to help raise your profit margins. There’s a strategy that all the successful fashion brands do to decide which designs get to...
Here is a list of important abbreviations in the fashion business to know, so you don’t have to pretend knowing it when someone in the design department asks you for your “POM, BOM or UOM for your CNST”. PLANNING AND DESIGN USP – Unique Selling PointCNST – Chain Stitch is a series of stitches that...
What affects your profits directly are the performance of your sales. Also, when you measure the performance of every piece that you sell in your collection, you can see what works and what doesn’t, so that you can make smarter decisions that are more calculated in detail moving forward. In this blog, I’ll share with...
Many fashion businesses look like they’re doing just fine, but they end up bankrupt because basically their cash coming in does not cover the amount of cash going out. Your profits are meaningless without a contained cash flow. In this blog, we will discuss what’s a Cash Flow Cycle, improving your Cash Flow and avoiding...
Pitching is all about having to create a winning impression when meeting possible investors. It’s transferring your enthusiasm, excitement and your clarity to the person you’re pitching to. It makes all the difference when it comes to the future of building your business and brand. You only have 1 shot at this. Make it count....
HOW TO FUND YOUR START-UP BUSINESS – It’s a mind boggling question for most people, I know. I’ve been there before. How do you even start a business with no funding available at all. You’re in luck. I’m here to give you 6 ways you can find the proper funding for your own business. It...
There’s a saying that goes “You can only sell your business with the knowledge that you possess”. Only you can fully understand your business. Take this opportunity to discover the strengths and weaknesses of your company. Go back to your business plan from time to time to revise and improve it as your business continues...
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