![]() Sections 1 + 2: Executive Summary and Company OverviewĪn executive summary and company overview are basically a recap of your overall business plan. A month is enough - just keep it simple and don't get carried away with jargon and corporate speak. I have heard of people spending 6 months to a year working on a business plan. That is why I am keeping this short and brief. ![]() They are a lot of words, that sound fancy and business-like, but are kind of just saying the same thing over and over. Some business plans for fashion brands are extremely long, repetitive, and in my opinion kind of convoluted. How To Write A Clothing Line Business Plan But, it's also a lot of work, and (unfortunately) writing this business plan is the work portion of the job. Lastly, before we get started I am going to warn you. Making a clothing line is a lot of fun. Keeping your business plan handy even after your launch will set you up for accountability and success. So, as situations change, go back, update your plan, and re-strategize. You can also make changes to it as your business changes.Īs we all know, we can plan, and plan, and plan, but we can not plan for the chaos of life happening. You should use it to check in with yourself and make sure that you are meeting your goals. A clothing line business plan is a living document. One of the most common mistakes I see founders making is that they will write their business plan, launch their product, and then never look at it again. And, there's more, I have a free downloadable template to help you get started! A Business Plan Is A Living Document Not only does a business plan help you by setting a road map, but it also shows suppliers, investors, and other businesses that you are serious about your company by having a profitable plan of action.Īs a bonus to this guide, I use my brand, virtue + vice, to give step by step examples, and show you how it's done. It will also help you set a path to reach those goals. The plan will help you define and streamline both your long term and short term goals. A clothing line business plan is a crucial (and often forgotten step) that is needed for creating a clothing line.
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