Group 4 Created with Sketch.
Your changes have been saved
Episode 30 of 35

Ways to Finance Your Fashion Business from Start Up to Scale Up with Darryl Bannon

Share
station description Fashion insider stories, knowledge and information to help fashion entrepreneurs la... read more
Fashion Insiders & Co
Duration: 01:01:35
The biggest cause for fashion brands to fail before they have even launched or later down the line and cease trading is a lack of finances. Building a fashion brand is not cheap and having enough to cover day-to-day operations and cover development and production for two seasons at any one time is e
Snippets are a new way to share audio!
You can clip a small part of any file to share, add to playlist, and transcribe automatically. Just click the to create your snippet!
Snippets: Clips of Ways to Finance Your Fashion Business from Start Up to Scale Up with Darryl Bannon that people like
There are currently no snippets from Ways to Finance Your Fashion Business from Start Up to Scale Up with Darryl Bannon.
Snippets are an easy way to highlight your favorite soundbite from any piece of audio and share with friends, or make a trailer for Fashion Insiders & Co
Playlists that Ways to Finance Your Fashion Business from Start Up to Scale Up with Darryl Bannon appears on.
There are currently no playlists containing this audio.
Add this audio track to one of your playlists
Add to Playlist
Up Next
Full Description
Back to Top
The biggest cause for fashion brands to fail before they have even launched or later down the line and cease trading is a lack of finances. Building a fashion brand is not cheap and having enough to cover day-to-day operations and cover development and production for two seasons at any one time is essential. But by contrast, raising finance is not easy. While there are many options, most creatives are not aware of most of the opportunities or if they are - they may not be able to present their ideas in such a way as to unlock these opportunities. In this episode, we look into what financing options are there from start up stage to scale up phase. Listen to the episode and discover:How to finance your fashion brand from the initial "I have an idea" stage to launch;What questions do you need to ask yourself before starting a fashion business and looking for ways to finance it?What are the financing options for the early stages of business and what is bootstrapping?What are the expectations when you borrow mone6y from friends and family and other investors?Is getting a loan a good idea?What are the advantages of using credit cards to pay for your business purchases?Who is start-up loan a good fit for?How to finance for growth?Why you should always keep money in your business;When is the best time to start looking for investors?What are investors looking for when considering investment and how to select and vet investors;What is the true cost of getting investment money?Episode Takeaways:“Fashion retail is NOT dead, bad retail is dead”"You have to evidence you have a business before seeking any kind of financing"References:Information on European Grants for the fashion sector.Information on claiming Research & Development Tax ReliefConnect with Darryl:Website: http://www.darrylbannon.com/About the host:Dessy is the founder of Fashion Insiders & Co - an online platform supporting fashion and creative entrepreneurs who are in the process of launching and growing purpose-driven brands.Contact Method:Fashion Insiders & Coofficial website: http://fashioninsiders.co/Instagram: @fashioninsiderscoClubhouse: @fashioninsidersIf you enjoyed this episode, please leave us a *star* rating and a review on iTunes - it helps us get this podcast discovered by more listeners just like yourself. Thank you.To submit any questions or get in touch with topic suggestions, write to us at podcast@fashioninsiders.co
Up Next
Add to playlist
New playlist

Embed

COPY
Embed Options
Create Playlist
Select the Station you want to upload this audio to
Station
0 / 140
0 / 2000
Playlist Icon Image:
(.jpg, .png, min size 500x500px)
Privacy
Subscribers
Your
voice
matters.
Discover & Listen to the world’s largest free collection of audio
Password reset

Enter your email address that you used to register. We'll send you an email with your username and a link to reset your password.



If you still need help, contact Vurbl Support
Password reset sent

You have been sent instructions on resetting you password to the email associated with your account. Please check your email and signing in again.


Back to Sign In
If you still need help, contact Vurbl Support
Your
voice
matters.
Discover & Listen to the world’s largest free collection of audio
Reset password

Please enter your new password below.



If you still need help, contact Vurbl Support
Your voice matters.
Discover & Listen to the world’s largest free collection of audio
Verify Email

Enter your email address that you used to register. We'll send you an email with a link to verify your email.



Cancel
Delete Profile
Are you sure? We will miss you :'(
Delete
Delete Audio
Are you sure?
Delete
Delete Playlist
Are you sure you want to delete this playlist?
Delete
Notifications Mark all as read
    You currently have no notifications
    Edit Snippet
    0 / 140
    0 / 140