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How Much You Really Need to Save to Start An Apparel Line
Manage episode 456358482 series 3560517
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How Much You Really Need to Save to Start An Apparel Line
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In this episode, Rachel answers one of the most important questions you need to know the answer to when starting an apparel line: how much do you REALLY need to save? Learn why $200,000 is a realistic figure and what that truly covers. Spoiler alert: It's all about aligning your resources, from understanding website fees to navigating taxes and legalities.
That's not all. We'll talk about the real-world challenges of working with factories that might not fully grasp your target market's body types, and how these nuances can make or break customer satisfaction. Should you decide to start with a modest $1,200 or coming in strong with $5 million, a strategic plan is your best friend. Learn strategies to manage expenses and even leverage credit cards to smooth out cash flow hiccups. Plus, discover why being part of a community is invaluable, offering exclusive insights and resources. This episode is a must-listen reality check for anyone looking to start an apparel line.
In this episode, you’ll hear:-Realistic costs associated with starting an apparel line and ways to distribute those costs throughout the process.
-The importance of quality when it comes to your garments.
-Why not focusing on fit is a HUGE mistake: customers simply won't come back.
-You can start with less, but be prepared for a very lengthy process.
We can’t wait to hear what you think of this episode!
Purchase the Business of Apparel Online Course: https://www.thebusinessofapparel.com/course
To connect with Rachel, you can join her LinkedIn community here: LinkedIn.
To visit her website, go to: www.unmarkedstreet.com.
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