Investment plan. Finding money to create a new fashion house
Creating a new fashion brand requires significant monetary investment at every stage from development of the collection, purchase of raw materials and equipment to marketing and promotion. However, almost every designer faces the problem of limited access to financial resources. Today, there are many sources of financing for a start-up fashion business like bank loans, grants, venture capital, and crowdfunding. It is also important to have in mind the most investment-generating blockchain technology, which has already actively penetrated the fashion industry and is currently transforming it, helping to build and track supply chains and deal with fashion fakes. All financial tools have advantages and disadvantages. Understanding which opportunities are most suitable for a brand and how to make a proper investment plan can be the key to successful launch and development of a business.
- Who is currently funding new fashion brands?
- What are the benefits and risks of raising venture capital for a fashion startup?
- What strategies can help to get grants and government support for a fashion brand startup?
- What are successful examples of financing emerging brands that can serve as a benchmark for young designers?
- What are the peculiarities of using blockchain tools in the fashion?