Complete!

My work is now complete. I have re written my business plan after getting advice in my last tutorial and re calculated my financial plan (which was the most difficult and in depth section), which proved beneficial as I have now ended up with £37,821.14 Net Profit at the end of year one. It is still a little high, however more realistic than what it was before!
I have enjoyed the whole process of this project and the journey I have taken to get to where I am now. I believe that what I have created is a viable business plan and that all the knowledge I have gained has now given me the opportunity to create this business in the future!
When we first got this task, I was really excited to learn all about the business side of fashion, although I was also very nervous that I would not be able to do it. However after having completed my Business plan, including all the additional tasks, I am really proud of myself. I managed to produce what I needed and wanted and improved on my time management as I got the whole unit completed without too much last minute panic and stress.

Rosie Lee Presentation

Along side this unit we have had lectures with Jenny Holloway, CEO of Fashion Enter. This has proved benefical as she has her own business and so the information she has supplied us with is straight from the industry. We were set a group task of creating a business plan (Presentation below). All the information learnt from this, combined with all the taught sessions from Tony, has helped enable me to write a successful business plan.

Business Plan Draft

I have now completed the draft of my business plan. It was easier to write than I expected and the further I got, the more I fell in love with my business.
There are a few areas however that I need to look over again as I have ended up with £80,000 net profit at the end of year one!