(FASHION BUSINESS PART V) DEVELOPING THE RIGHT BUSINESS MODEL FOR YOUR BRAND
Every fashion designer who builds the brand since the start should have a foothold and business guidelines: the business model and the business plan. Business plan describing “what” needs to be done for the company; While the business model describe “how” the company generates revenue and profits in the middle of the competitive fashion business.
As a foundation and business guidelines, business models and business plans must be formulated carefully and precisely, so that you know exactly whether your business will lead to success or vice versa.
In this class you will explore the key issues in fashion business and how to develop business model and plan in the context of running a fashion business.
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