Toolkit - Business Basics



Specification Sheet vs Tech Pack – What’s the difference?

- By - In

As a designer in the fashion industry, it’s a necessity to deal with factories and manufacturers. Knowing the difference between Specification sheet and Spec pack (often referred to as Tech Pack) and using them to your advantage can make or break your business.

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Everything you need to know about the sample making process

- By - In

Embarking on sample making is one of the most exciting and satisfying parts of the design process. Bringing your ideas to life in the form of a tangible product is the icing on the cake after months of designing, fabric sourcing and pattern cutting.

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What is a Fashion Spec Sheet and why you need one

- By - In

If in architecture you cannot build a good building without a blueprint, in fashion you cannot create a product without a Specification sheet.

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How to design a commercially strong fashion collection

- By - In

Launching and running a product based fashion brand more often than not revolves around the creation of collections. The quality of these collections and the consistency of that quality and presentation, is often what sets successful brands from the rest.

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Design and Product Development

- By - In

It is no secret that the fashion industry is predominantly a product-based industry. Success is often underpinned by great design, strong product and well-structured collections. Many fashion companies and brands launch and eventually fail as they often focus too much on the ‘design’ itself, without realising the additional components required to create a long lasting product – rather than a short term fad.

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The Best Way to Allocate Your Budget

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Rarely does a new business start with enough money to last until a profit is turned. It might happen in the movies, but what happens in real life – more often than not – is that you start spending some or all of the capital you have raised. That, or you know from the outset that you don’t have enough to last until you make profit because you have only raised a partial amount of capital.

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Financing A Fashion Start Up Business

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Financing a business – any business – is one of the key components and pre-requisites to being in business. There are some businesses that do not require large capital at the start, and in fact some get the clients to pay in advance of the product or service offered.

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Equity vs. Debt

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Financing a business can come in many forms, but regardless of how you raise cash, more often than not you will be dealing with equity or debt. So, let’s explain what they are, and how they can work for or against us.

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Business Planning for Success

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Imagine this – you have a great idea, you want to start your own business and everyone you tell is supportive and encouraging, and then they tell you firmly in a non-negotiable tone of voice, “You MUST write a business plan!”

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Choosing a Business Structure

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Making the decision to start your own business is the first of MANY that you will have to make during its lifetime. The decisions that you make in the early stages are of the utmost importance, so take time and professional advice where necessary and make the right choices.

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The Pre-Business Plan

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Working in fashion is often not for the faint hearted. But starting your own business, your own brand – as some would say – that’s a different ball game.

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Utelier Launches: The Tool Kit Series

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Over the coming months, in addition to our regular interviews with our network of designers and manufacturers, and industry news scoops, U Magazine will introduce a regular series of articles on how to set up your own new fashion business.

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