Finance for Start-up fashion brands With Boaz David

Calculator and costing budget.jpg
Calculator and costing budget.jpg

Finance for Start-up fashion brands With Boaz David

299.00

Every day we see awesome, talented designers squander their investors’ money (or their life savings) because they screw up the nuts and bolts and go out of business. Having a great design, an eye for trend and talent is essential but far from sufficient without the business side of things. Without the financial planning your brand is a hobby not a business. My job is to help you avoid the thousands of pitfalls that so often swallow the illusions of truly creative people like yourself. How? Because I’ve walked in your shoes and I’ve done this before many times for other successful brands and for myself. So if you think that it’s time to make a living from something you love, this workshop s for you!

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FINANCE BOOTCAMP FOR FASHION START-UP BRANDS

WITH BOAZ DAVID

8 Out 10 Fashion Brands Fail And The Number One Reason Is: 

LACK OF FINANCIAL PLANNING!

Every day we see awesome, talented designers squander their investors’ money (or their life savings) because they screw up the nuts and bolts and go out of business. Having a great design, an eye for trend and talent is essential but far from sufficient without the business side of things. Without the financial planning your brand is a hobby not a business. My job is to help you avoid the thousands of pitfalls that so often swallow the illusions of truly creative people like yourself. How? Because I’ve walked in your shoes and I’ve done this before many times for other successful brands and for myself. So if you think that it’s time to make a living from something you love, this workshop s for you!

WHEN: 3 weekly sessions, Friday June 3rd, Friday June 10th and Friday June 17th 2016 - 12PM EST (10AM PACIFIC)

WHERE: This is an online presentation (you can attend from anywhere)

WHO IS THIS FOR: This workshop is geared for anyone who is looking or in the process of starting a fashion brand.

TEACHER: Boaz David, fashion industry expert with over 20 years experience and the founder of Human B. 

In this workshop you will learn:

  • How to determine if your business concept is financially feasible    
  • How to calculate your start-up cost and your monthly ongoing expenses, so you will know how much capital you will need to raise.
  • At what stage will your business become profitable, your break-even point.
  • How to cost and price your fashion product
  • What should be your mark-up in order to be profitable.
  • How to calculate and plan your business cash flow.
  • How to manage inventory.
  • X ways of sponsoring your inventory.

The workshop includes 3 one hour long sessions with live Q+A at the end of each session:

  • Week 1: (Friday, June 3rdh, 2016, 12PM EST) In this first session I will show you how to determine if your business concept is feasible, how to calculate your start-up cost and ongoing monthly expenses as well as the nuts and bolts of financial planning.
  • Week 2:  (Friday, June 10th, 2016, 12PM EST) In this second session I will walk you through all the ins and outs of costing and pricing your product in order to be profitable, and will share inside tips, formulas, and strategies for correct costing. I will also teach you how to calculate your breakeven point which is the point where your business becomes profitable.
  • Week 3: (Friday, June 17th, 2016, 12PM EST) In this third session I will show how to calculate your cash flow, and set up a financial plan that will last you through the first 2 years of starting out. I will also share with you X ways of sponsoring your inventory (business???).

**BONUS: Also included with this workshop:

  • FREE cost sheet template form ($25value)
  • FREE Budget sheets forms which will help you calculating your start-up and ongoing expenses ($25 value)
  • FREE Cash Flow sheet which will help you calculate your cash flow for the first 2 years in business. ($25 value)

A total value of $75 of forms that will not only SAVE you TIME, and MONEY but will also help you build a strong financial plan for your business so it will be profitable. Remember: most brand fail during their first 2 years due to lack of financial planning!

** Recording – you will get the recordings of both the workshop and the LIVE Q+A so you can go back and listen to them at any time.