financial (4)

Fashion Financial Forecasting

Fashion Financial Forecasting: A Simple Way to Project Profits for Your First Season and BeyondBy Ralinda Harvey, Director of Marketing & Merchandising, FashionablyMarketing.MeSince fashion is a passion driven industry, many entrepreneurs find it hard to resist the temptation and overestimate potential sales. I know, it’s only fair to believe that if you put your heart and soul into your collection that it will fly off the shelves and be the next big thing. This is slightly wishful thinking. If
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Reasons Businesses Fail with Internal Collection Initiatives...No formal policyStaff lacks experienceLack of manpowerLack of Enforcement of PolicyThe Customer is Always Right..."I Don't want to Lose Them as a Client" No Client trackingWrong methodologyLack of credit reportingWaiting too long to outsource problemsLack of an outsourcing partnerWhen they don't know WHAT to do, they do NOTHING!In a recent study performed by Flagmen Research Center the primary concern of CEO's is that of their curren
Read more…

Fashion Financial Forecasting

Fashion Financial Forecasting: A Simple Way to Project Profits for Your First Season and BeyondBy Ralinda Harvey, Director of Marketing & Merchandising, FashionablyMarketing.MeSince fashion is a passion driven industry, many entrepreneurs find it hard to resist the temptation and overestimate potential sales. I know, it’s only fair to believe that if you put your heart and soul into your collection that it will fly off the shelves and be the next big thing. This is slightly wishful thinking. If
Read more…
Reasons Businesses Fail with Internal Collection Initiatives...No formal policyStaff lacks experienceLack of manpowerLack of Enforcement of PolicyThe Customer is Always Right..."I Don't want to Lose Them as a Client" No Client trackingWrong methodologyLack of credit reportingWaiting too long to outsource problemsLack of an outsourcing partnerWhen they don't know WHAT to do, they do NOTHING!In a recent study performed by Flagmen Research Center the primary concern of CEO's is that of their curren
Read more…

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