Developing a Business Plan as Your Roadmap to Success

Tip: Use a template and organise a folder with dividers for each section of the business plan.

Using a ring binder for your business plan is a great idea as it means that you can work on one section at a time and you can amend it to suit the fast changing environment of the fashion industry. The business plan is a live document and will change as further research is done and new ideas are developed. Ensure that the implications of each idea are taken through to the financial plan to test for viability.