Fashion Industry, Fashion Products, How To Raise More Capital?

Shopping malls, such as battlefields and shops, are like soldiers in battle. "Soldiers will not move, food and grass first" is a common knowledge of soldiers.

The same should be done in business. Before opening a store, the funds must be in place.

At the same time, shop operators also need to predict the future business benefits of clothing stores before opening stores, so as to keep their shops profitable.

How to raise more capital?

Opening a shop is actually a process of investment, and there will be output if there is input.

As a shop owner, we should raise more funds than the budget to prevent all kinds of unexpected situations.

To understand and solve the demand for financial expenses is the key to determine the success of the future business of shop operators. Therefore, shop operators must first know what costs the store needs in the course of operation.

Generally speaking, the cost of running a shop involves three major parts: first, infrastructure investment, including the cost of shop decoration and the purchase of necessary hardware facilities, such as hydropower infrastructure, air conditioning, shelves, cash registers and signboards, etc.; two is the daily management cost, including labor costs, store rents, daily management costs and publicity expenses, etc. three is the cost of goods.

In order to ensure that the above funds are in place, how should shop operators raise funds? The main ways of raising funds are in the following ways.

Personal financing should not blindly pursue scale.

If a person has strong financial resources, he can set up a clothing store by personal investment.

The advantage of personal investment is that it is flexible in operation, free from interference from others, can manage according to its own business philosophy, and profits are owned by individuals.

The disadvantage is that it is not easy to raise sufficient funds and no one shares the risk of investment. Once the operation fails, it will cause huge losses to individuals.

Therefore, if we adopt the way of personal investment, we should not invest all the funds accumulated by individuals, and do not blindly pursue the scale when we first open shop, so as not to cause too much investment, but business is sluggish, so that the capital chain is broken.

Those who are involved in business should be managed according to their business.

Characteristics and individual business ability, choose relatively small shops for business.

In this way, we can gradually adapt to the market and accumulate funds, and more importantly, we can gradually explore and accumulate experience in opening stores, and make preparations for future development in terms of capital, personnel and experience.