Welcome to our first Masterclass episode where you get the chance to get up close with your host Elizabeth Formosa. In this Masterclass, Elizabeth talks about how to start a Fashion Business that is set up to successfully scale. Sound foundations are key so that the whole business does not unravel at any stage. Tune into this episode to gain access to a sound framework that will not only help you get started but ensure you avoid those typical expensive startup mistakes and maximise your opportunities. THE TEN KEY PILLAR FRAMEWORK INCLUDES: 1. BUSINESS PLAN & GOALS 2. FINANCIAL ANALYSIS & STARTUP COSTS 3. BRAND CREATION 4. PRODUCT DEVELOPMENT 5. PRICING STRATEGY 6. SUSTAINABLE SOURCING STRATEGY 7. SALES STRATEGY 8. MARKETING PLAN 9. OFFICAL REGISTRATIONS 10. OPERATIONS, TEAM & SELF CARE ELIZABETHS TIPS ON HOW TO GET STARTED -Allocate some time with no distractions to start working through this framework. -Download any of those thoughts about your business vision that you've had (most likely over many years!) and start putting them into a working action plan. -Consider any gaps you have in skills, connections, or resources you may need to help you to really do this! -Start researching! Stalk online, read industry analytics, go into physical retail stores, join groups, find your like-minded community, network! -You don't have to do this alone! If you want to take your Fashion Business Development next level and join an Industry Mentor Led Community, we'd love you to join our 'Start Your Fashion Business' Programme. JOIN OUR PROGRAMME - ENROLMENTS OPEN JUNE 1st If you want to make the Fashion Business your Business in 2021/22 - then please head over to our website and jump on our Waitlist - we'll be opening enrolments to our SYFB Programme and Community on the 1st June and if you're on the waitlist we'll ensure you receive all the info you need in the lead-up. In the meantime, if you want to kickstart your 2021 you can head to Your Mentor Collective - book a 1 hour of power session with one of our amazing Mentors - that's where the magic happens! You can find Fashion Equipped over at: Instagram: @fashionequipped Podcast Insta: @fashionbusinessmindset Facebook: www.facebook.com/fashionequipped Website: www.fashionequipped.com.au Let's do this together, let's make The Fashion Business, YOUR Business!