Hey Everybody!
Just wanted to let everyone know that I completed Step 1 on the list for Chapter 2. The local Small Business Administration (SBA) offers free counseling to those wanting to start their own company. This must be signed up for online, and then the SBA will contact you. I'll let you know when they do, and how it goes.
SBA offers seminars/classes a few times a month on different areas of starting a business. The seminars I looked at cost $35.00. Next month I plan on attending at least one. So I'll post all the information about it.
Yes, this part of starting an apparel company is boring, but you were warned! lol
Don't worry, I may have a little bit more exciting news involving a fashion show to post soon...
Working on Dreams,
Anna Maria
Rehcy Row in 365 Days to Runway, the life, times, and a little nonsensical nonsense of an up and coming fashion designer
Showing posts with label fashion designer survival guide. Show all posts
Showing posts with label fashion designer survival guide. Show all posts
11 January 2010
07 January 2010
Step by Step Plan: Draft 1
Alright Everybody,
Here is a list I made to simplify and break down the tasks in Chapter 2 of The Fashion Designer Survival Guide. Each tasks will eventually have to be broken down into smaller sections, but for now this will suffice. At least now the chapter seams far less mind-boggling! And that's always good!! lol
Chapter 2 Step by Step
1. Look for local classes provided by the Small Business Administration (SBA)
2. Write Rough Draft of Company Overview
3. Research my company's Market
4. Write Description of Target Customer
5. Write Draft of Sales Strategy
6. Research and list my Direct Competitors
7. Figure out and list my top three Indirect Competitors
8. Write Draft of Operations Plan
9. Complete First Draft of Business Plan
10. Check out Lawyers (for Setting up Business/Discussing Business Options)
11. Design Company Trademark
12. Talk to Small Business Owners about Starting my Business
13. Look into Bookkeeping and Accounting (Quick Books Pro?)
14. Talk to Lawyer
15. Financing Options
Note: This plan can and most likely will change, grow, and be updated at anytime, but of course I will post those changes so you guys can stay up to date about everything.
Here is a list I made to simplify and break down the tasks in Chapter 2 of The Fashion Designer Survival Guide. Each tasks will eventually have to be broken down into smaller sections, but for now this will suffice. At least now the chapter seams far less mind-boggling! And that's always good!! lol
Chapter 2 Step by Step
1. Look for local classes provided by the Small Business Administration (SBA)
2. Write Rough Draft of Company Overview
3. Research my company's Market
4. Write Description of Target Customer
5. Write Draft of Sales Strategy
6. Research and list my Direct Competitors
7. Figure out and list my top three Indirect Competitors
8. Write Draft of Operations Plan
9. Complete First Draft of Business Plan
10. Check out Lawyers (for Setting up Business/Discussing Business Options)
11. Design Company Trademark
12. Talk to Small Business Owners about Starting my Business
13. Look into Bookkeeping and Accounting (Quick Books Pro?)
14. Talk to Lawyer
15. Financing Options
Note: This plan can and most likely will change, grow, and be updated at anytime, but of course I will post those changes so you guys can stay up to date about everything.
31 December 2009
Chapter 2 is Killing Me!! :-)
Hey Hey Everybody!!
Read Chapter 2, and it kicked my butt! lol
This chapter detailed the basic first steps of starting a fashion line-- beginning with the business plan...
And the elements of the business plan are slightly overwhelming!! Gehlhar informs the reader on the Executive summary, Company Overview, Sales Plan, Operations, Financial Projections, lions, tigers, and bears... Oh my oh freaking my!! She adamantly insists that you write your company's business plan yourself because who better to make your company exactly what you dream it to be.
A section in the chapter informs the reader on deciding what type of company to set up, whether it be a sole proprietorship, partnership, corporation or variations of the three. Trademarking and choosing a perfect company name are briefly discussed, and hiring a business lawyer is greatly recommended. The chapter ends with a brief section informing the entrepreneur subjects including insurance, employees, hiring accountants etc.
The steps discussed in this chapter, I know, will be ridiculously difficult if I do not break them down into smaller tasks. So my goal for tonight is to break a few sections down and make a step by step list for myself. I will post it for here for everyone to see.
Read Chapter 2, and it kicked my butt! lol
This chapter detailed the basic first steps of starting a fashion line-- beginning with the business plan...
And the elements of the business plan are slightly overwhelming!! Gehlhar informs the reader on the Executive summary, Company Overview, Sales Plan, Operations, Financial Projections, lions, tigers, and bears... Oh my oh freaking my!! She adamantly insists that you write your company's business plan yourself because who better to make your company exactly what you dream it to be.
A section in the chapter informs the reader on deciding what type of company to set up, whether it be a sole proprietorship, partnership, corporation or variations of the three. Trademarking and choosing a perfect company name are briefly discussed, and hiring a business lawyer is greatly recommended. The chapter ends with a brief section informing the entrepreneur subjects including insurance, employees, hiring accountants etc.
The steps discussed in this chapter, I know, will be ridiculously difficult if I do not break them down into smaller tasks. So my goal for tonight is to break a few sections down and make a step by step list for myself. I will post it for here for everyone to see.
23 December 2009
First Chapter
Hey Hey!!
The informative first chapter of The Fashion Designer Survival Guide included several aspects and facts that persons thinking of beginning their own fashion line should know. Some of these facts include horror (HaHa) stories and statistics on how likely a new fashion company is to fail. Such as the Small Business Association statistic that at least 50% of new business fall out within their first year! Scary!!
Readers are let in on a little of what to expect when running your own fashion company-- how much money to expect to spend, how much time the designer will have to work, business sometimes is untrustworthy etc. Let's the reader know the truth about the industry, rather than filling our heads with glitter and glam.
Before reading, I was not truly aware of how important utilizing connections and keeping open relationships are to the success of a new line. Even if someone aproaches you with an offer you can not or do not want to use at the moment stay friendly and on good terms with them-- you may want to take them up on their offer sometime in the future. No bridge burning!! lol
This first chapter taught me several useful tips. Thanks Gehlhar!
Working on Dreams,
AM
The informative first chapter of The Fashion Designer Survival Guide included several aspects and facts that persons thinking of beginning their own fashion line should know. Some of these facts include horror (HaHa) stories and statistics on how likely a new fashion company is to fail. Such as the Small Business Association statistic that at least 50% of new business fall out within their first year! Scary!!
Readers are let in on a little of what to expect when running your own fashion company-- how much money to expect to spend, how much time the designer will have to work, business sometimes is untrustworthy etc. Let's the reader know the truth about the industry, rather than filling our heads with glitter and glam.
Before reading, I was not truly aware of how important utilizing connections and keeping open relationships are to the success of a new line. Even if someone aproaches you with an offer you can not or do not want to use at the moment stay friendly and on good terms with them-- you may want to take them up on their offer sometime in the future. No bridge burning!! lol
This first chapter taught me several useful tips. Thanks Gehlhar!
Working on Dreams,
AM
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