For most small business owners, the idea of having a support system of talented and intelligent people sounds appealing—especially when it comes time to scale your business. But, the truth is, a business advisory board won’t do your fashion startup business much good unless you identify exactly what you need from your advisors. Here are…
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When Should I Pay Myself a Salary at My Fashion Business Startup?
We all want to get paid, right? Well, for small business owners, getting that paycheck can be a little more complicated than for others. It all depends on your business model, financial setup, and profitability. This post gets into the details of figuring out how to pay yourself when running a small fashion business. Revenue…
Read MoreCOVID-19 Crisis Management Resources
There is nothing really normal about this so-called “new normal”: these are unprecedented times and there’s no playbook for how you should operate, no logbook of where to go. So Scaling Retail has pulled together a number of curated resources to share with the community, and will continue to update this posting as more are…
Read MoreGetting Funded: What do Investors Look for in a Fashion Brand?
These days, investors are looking for both a sure thing and a unicorn. So, what does that actually look like for an independent fashion brand? This article outlines what to consider before getting funded—no strings attached. Check Yourself (and Your Track Record) As an independent fashion business, do you know what your track record is?…
Read MoreHow to Maximize Your Sourcing Time at Trade Shows
How do you maximize your time at busy trade shows? Every trade show calls for a commitment of time- even when you know what you want for your fashion design business. The typical show stretches on from the early morning to at least the late afternoon, for a period of about two to three days.…
Read MoreThe New Systems Taking Your Fashion Brand Global
What do you use to take your fashion brand worldwide? Exciting times. New fashion tech companies are springing up in the market with products and platforms to push your independent fashion brands worldwide. As an industry, we’re also developing smarter, more effective systems. If you’ve never sold globally, you may be wondering what are the…
Read MoreLearn the Basics of Content Management (and Key Terms to Master It)
Do you know the essentials of content management and how it can boost your business’ visibility? “Content is king”. I think we come across this golden quote by Bill Gates every single day. And while he said it all the way back in 1996, it’s as relevant as ever. High quality, professional, engaging and properly…
Read MoreWhy You Need a Retail Calendar for Your Fashion Business
What system do you have in place to keep up with sales periods, production and delivery? A regular calendar just doesn’t cut it when it comes to the fashion business. You’ve probably heard of the retail calendar before. If you’re not actually putting it to use- you’re missing out. Unlike most relics of old retail, the…
Read More7 Days to Launching Your First Great Facebook Ad
Facebook is such a powerful advertising tool. It is effective for both fashion retail brands with robust Facebook pages and those who do not have active Facebook pages- as you can drive traffic to your site and bypass the Facebook page engagement. Facebook for fashion startups and growth stage e-commerce businesses can be especially confusing and…
Read MoreDriving Sales this Holiday Season: Black Friday to Christmas
Black Friday is upon us, and as a business that may not have $50,000 for an advertising budget you may want to re-consider what options you have. Not all businesses HAVE to participate in Black Friday or the sales leading to Cyber Monday. Your business is only responsible for catering to your audience. This is…
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