Highlights
Brief:
For the artist of your chose from the list (Sonia Delaunay, Bridget Riley, Ben or Matisse) Imagine a collection of ready-to-wear, explain your target customer groups, your range, your price strategy, your distribution strategy mix (online, wholesale, b’n’m, department store etc), your promotion strategy. Build a financial strategy
- evaluate the budget needed for the operations & for the 3 first years (1st year per month, year 2 & 3 per quarter),
- explain your assumptions, revenue expectation & margin calculation
- explain your marketing strategy impacts
- Provide the 3 financial statements (Income statement, Balance Sheet & Cash Flow statement) + startup expenditure.
Deliverables:
- Organised & documented researched: proof of research with real contact & costs are required - Attention to details
- use all the finance tools: Startup expenditure, Income statement, Balance Sheet, Cash Flow statement to organise your data
- Analyse and understand the retail industry & the customers, in order to make operational decisions
- present your references, assumptions & decisions
- excel/ numbers skills
- Provide interviews with potential customers, brands, factories, potential business partners.
- Provide survey.
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