Money For Your Clothing Line (part 3)

Thursday, January 14, 2010 23:55

Clothing Investors for fashion designers

[continued] A third and last idea for expansion is finding a financial backer or investor for your clothing line. Investors, sometimes termed angel investors, are always looking to let their money work for them but usually are very strict on what you must present to them for a plan. If your plan is not looking 100% lean/fit they will reject your proposal and you will be back at the drawing board. With an investor, your first appearance is everything so make sure you are giving your best shot. A full business plan should be presented with numbers everywhere, graphs, statistics, and history.

A method I’ve always though about but never tried was simply sending out a press release about your clothing line looking for investors to expand. As simple as that, I think it can help raise awareness of what you are trying to do in a good way but should be done before you actually need the funding so your options are open.

All of the above methods for raising capital for your clothing line have been used in fashion and found many success. It does take a person with business savvy to land deals so do your research about laying the proper business plan. For help with a clothing line business plan visit the Entreprenuer.com ‘how to create a business plan’ (click here) page.

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