Running a fashion business is a beautiful thing, but at times the business has to either be brought to an end or see its founder take a leave from business operations. Previously, we have looked at Liquidation and Acquisition and Mergers as possible business exit strategies that might work for your fashion brand. This week, we take a look at Family Succession as a possible business exit strategy that might be great for your brand.
No one ever starts a fashion business with hopes of shutting down business operations after investing a significant amount of time, money, and effort into it. Sometimes, however, this is the only option left for fashion entrepreneurs during the course of running a fashion brand. Here is how to use liquidation as a business exit strategy to shut down the operations of your fashion business.
The life of an entrepreneur is filled with decisions. While some of these decisions are very pleasant to make, others are not. Firing an employee is one of the unpleasant parts of doing business but there is a right way to do it regardless of the situation. Here is a step-by-step guide on how to fire an employee the right way.
Every fashion entrepreneur wants to see their brand grow and see more and more people come to them for their fashion products. While many of them focus on increasing their branded marketingand advertising efforts, only a few focus on trying user-generated content. Here are ways to encourage user-generated content for yoru fashion brand.
Jut like Google My Business can help you get more clients for your fashion business, Google Shopping can help you gain more visibility and, hence, more clients and sales for your business. But, what is Google Shopping and how does it work? Fine out more here.