How to Create a Financial Plan So Your Fashion Business GROWS FASTER | Indie Source

Do you want to know how to set up your financial plan so your fashion business grows faster? We're proud to have welcomed Dana Fried of Delphic Consulting to this Indie Source webinar. Dana has worked with several fashion entrepreneurs at every step of the process from beginning to end including the founds of NastyGal, Tommy John, and Taryn Rose! This webinar is loaded with helpful tips and information to really get your fashion business financially stable and GROWING!! Dana has a solid track record working closely with fashion entrepreneurs at every stage from the beginning, middle, and end of their journey. Some of the entrepreneurs he has worked with from the very beginning through their massive growth include: Sophia Amoruso, Founder of Nasty Gal Tom Patterson, Founder of Tommy John Taryn Rose, Founder of Taryn Rose His vast experience in branding, marketing, financial, and operational sides of the business allows him to quickly identify areas you may (or may not) know exist that could have a negative impact as you try to scale, things that can be easily fixed by setting up processes that can have an immediate positive impact on your business. Here's what we covered: - How much money do I need to launch my brand? - What should be my target cost per style and how do I know I'm moving in the right direction? - What is an acceptable MOQ when launching a brand or new category? - What margins are needed to build infrastructure and brand awareness? - What percentage of net sales should go to marketing? - Where should I be spending money in the early startup phase of my brand? - How do I prepare myself to look attractive to investors or lenders? A Q&A followed the discussion. Here is a link to our costing template for development as promised: https://docs.google.com/spreadsheets/d/15Xbi4nF7K6jNUvb4Ug1exupmQC2qTGaiGpyHIUacZig/edit?usp=sharing. Here is a link to all of our resources around financing your brand: https://indiesource.com/category/financials/ To learn more about Indie Source, visit: https://indiesource.com. About the speakers: Zack Hurley Co-Founder and CEO of Indie Source Zack is the CEO and Co-Founder of Indie Source, a full-service clothing development and manufacturing house that's based in Los Angeles. Indie Source has launched and supported over 300 fashion brands representing tens of millions of dollars in sales. He was featured in Forbes 2018 30 Under 30 and Apparel Magazine's Top Under 30 Elite. Dana Fried Managing Partner @Delphic Consulting Group Dana Fried is the CEO of Delphic Consulting Group. He and his associates at Delphic Consulting Group boast over 25 years of experience consulting and working closely with entrepreneurs who have built successful brands like Nasty Gal, Tommy John, and Chubbies. Prior to Delphic Consulting, he was the COO/CFO of Taryn Rose Footwear and helped it grow from inception to over $30M in sales. Website: https://indiesource.com/ Follow us: Facebook: https://www.facebook.com/IndieSourceApparel/ Instagram: https://www.instagram.com/indie_source/?hl=en #fashionmanufacturers #usclothingmanufactuers #clothingmanufactuersusa #apparelmanufactuers #fashionproduction

Видео How to Create a Financial Plan So Your Fashion Business GROWS FASTER | Indie Source автора Математический Замок