WRITING YOUR BUSINESS PLAN

 

Do you need to attract an investor to get your business off the ground?

Do you need finance from your Bank?

Do you need to convince other people that your business plans are realistic?

If the answer to any of these questions is yes, you need a formal business plan. This workshop is a step-by-step guide to writing an effective business plan for your fashion business.

Requested by delegates from previous ‘Be Business Ready’ workshops, this new workshop is aimed at fashion designers who are either just starting out or have been running for a while and who need to formalise their plans, primarily to satisfy potential investors or funders

The workshop is practical and specific to fashion businesses. It will give you a chance to apply your new-found knowledge through exercises related to your own business – so you will start to build up your very own business plan as the workshop goes along.

The workshop will last about 5 hours, starting at 9.30 a.m. One-to-one surgeries will be held at the end – you will be able to book a timeslot as the day progresses (subject to demand).

It will be delivered by our Specialist Advisor, Nigel Rust (see profile on Fashion Capital website: Industry/Specialist Advisors).

Location: Fashion Enter, The Factory, Anthony Nicholas House, Florentia Clothing Village, Vale Road, Haringey, N4 1TD. Tel: 0208 809 3311

Date:  Thursday 12^th May 2011.

Price: £50 + VAT per delegate.

How to Book: Please email Jenni Sutton at Fashion Enter: jenni@fashion-enter.com

Workshop Details:

Title: Writing Your Business Plan.

Topics:

1.       Why do you need a Business Plan? – The purpose and the audience. The difference between a formal business plan and your business management plan.

2.       What goes into a Business Plan – The contents.

3.       Describing your business to the audience – The difference between marketing language and business language.

4.       Your Sales & Marketing Plan (and back-up research) – How are you going to achieve your sales projections? What makes you think they are realistic?

5.       The Financials – Presenting the financial projections + how much finance do you need?

6.       The People – Who is involved in your business? Presenting your credentials.

7.       Risk Analysis – Have you thought about what might go wrong?