For the last ten years I was in the usual clothing and hats shop, I do not remember how many people called for the hat to wear. They all thought they had a great idea. Most of them had little or no money. And none of them knew what he needed to be one of the most competitive in America. The first question these people asked was "How much does my custom-made caps cost me?" And I always told them how gently, as far as I could, they had to ask a lot of other questions for the first time, and the cost maybe the last of them. I have always given these honest opinions to these people while doing everything I can to encourage them. This article summarizes the advice given over the years. The following articles are dealt with in more detail below.
# 1: Know Your Client
It's probably the most important thing before you start any business! You should answer your questions to the following questions:
1. Who can be your customer?
2nd How old?
3rd How many are there?
4th Where to buy?
5th How often do they buy?
6th How much do you spend when buying a hat or cap?
7th What is popular in these people now?
Answering questions determines the gate sales gap, what designs are fit, how many hats can be sold, and at what price.
# 2: Know Your Competition
The second most important thing you have to do before starting any business! Answer the following questions for the competition:
1. Who can be your race?
2nd What kind of hat and design are you offering now?
3rd How much spend on these products?
4th Where do they sell their hats?
5th How to sell their hats?
Answers to questions determine what plans you need to bid, how much you need to pay, what distribution channel you should consider, and the potential marketing venues to consider your own hat
# 3: Learn about your marketing plan  So what about the decade's biggest hat design if you can not get your products out! The launch of the hat-line is about marketing. Let me give you a very simple example. I have a client, a real client whose name I can not mention. These guys have very nice design ideas. So they joined a poker player and hired PR people who were connected to the entertainment industry. These two men were very interested in their products! Before you know, some celebrities have had their design and the rest are history. So think, be creative, put your name here. Who knows? You may be the next ROXY or Quicksilver, or even NIKE.
# 4: Know Your Start-Up Cost
So we figured out who the target customers, the tournaments, what hat would you like to get started and came to the most creative marketing campaign. Now is the time to answer some cost-related questions:
1. Personnel and office rental
2. Marketing Campaign Costs
3. Travel Plans
4. Trade show spaces
5. Costs of Production Connections:
(i) How Much Does It Take to Sample the Sample?
(ii) Who should go for the design of the prototype?
(iii) how many hats you want to get in order to get any reasonable price, you must order at least 100 designers, 25 hats are NOT wholesale.)
# 5: Financing
plan to wear a hat; do you know how much it cost? now you need to know how to fund your business. Potential Funds:
1. Your Savings
2. Your friends and family
3. Mortgages of Your Current Assets, for example Your House
4. Finding Outside Investors (Though It's Hard to Wear a Hat, but You Will Never Know)
5. Lending from the bank (SBA loans are in many cases available to entrepreneurs)
# 6: Know Your Launch Date
In fashion, timing will do its best. Will you launch your hat during the Christmas season? In the back school season? On July 4th? Most overseas production lasts from 72 hours to 90 days. Say he's producing his hat in China. Do you know that the Chinese will close up to 15 days in the Chinese New Year, which occurs at different times, though largely in January and February, depending on the year?
# 7: Describe Plan
Obtained all the pieces of the puzzle; their description increases the chances of success. Your plan will continue to focus and give you the great picture and the details you need to take into account. And if you're trying to finance funding, your business plan is not just decisive, but it's absolutely necessary!
This is a simplified run to the basic steps you need to take before you start wearing the hat. So be creative with plans; thoroughly study; be careful when planning. And good luck! Please check the other articles for each of the details above. For more information, visit my website.
Source by sbobet