Course details
This course will help you outline step-by-step what you need to do to achieve your goals & objectives, help you develop a road-map for the business you intend to start, help you identify strategies, structure key objectives, guide you in how the goals can be achieved and let you get some directions and timelines in which to achieve these milestones. Business Plan Writing will become your Reality-Check on whether or not you should pursue your business idea. As any experienced businessperson will tell you, the business you decide NOT to start, because the financial projections does not add-up can be more important to your long-term success than the one you bet your risky economic future on.
Writing a good Business Plan is time consuming but absolutely essential for anyone wanting to have a successful business that’s going to survive the initial start-up phase.
OBJECTIVES
- Components in financial planning and budgeting
- Criteria for identifying a concept for a Retail Fashion Enterprise
- Methods for identifying Market Segments
- Process in Merchandise Category Selection and Brand Positioning
- Methods in determining Competitive Factors
- Process in Strategic Turnover Path
- Process in Strategic Profit Model
ENTRY REQUIREMENT
Preferably possess GCE 3 “O” level qualification or ES WSQ Workplace Literacy and Numeracy (WPLN) Level 6 and above.
GRADUATION REQUIREMENTS
Participant will be awarded the WSQ Statement of Attainment (SOA) provided he/she meets the following requirements:
- 75% attendance rate
- Assessed to be competent in given competency standard
CERTIFICATE ISSUANCE
Upon succcessful completion of the course, trainee will be awarded the WSQ Statement of Attainment (SOA). WSQ Certification is nationally endorsed and recognised by industry partners.
WHO SHOULD ATTEND
- Fashion Entrepreneurs
- Fashion Buyers and Merchandise Managers
- Senior Merchandise Managers
- Designers
- Retail Entrepreneurs
- Retail Marketing Executives
- Product Development Managers
- Sourcing Managers
- Retail Finance Controllers
KEY LEARNING AREAS
- Components in financial planning and budgeting
- Criteria for identifying a concept for a Retail Fashion Enterprise
- Methods for identifying Market Segments
- Process in Merchandise Category Selection and Brand Positioning
- Methods in determining Competitive Factors
- Process in Strategic Turnover Path
- Process in Strategic Profit Model
Course Location
About The Academy Of Fashion Professions
TaF.tc (The Academy of Fashion Professions) is the training arm of the TaF.f (Textile & Fashion Federation). It’s also the first Continuing Education and Training Centre (CET) for the textile and fashion industry in Singapore, with the vision of becoming the leading capability developer in the global fashion industry. TaF.tc offers specially designed courses and programmes to prepare fashion students for a creative career in the highly competitive fashion industry, and to help industry professionals develop and specialise. Local and global fashion collaborations mean TaF.tc can offer unrivalled, continuously updated services, enabling the Academy to stay in line with leading national and international fashion industry standards. TaF.tc provides intensive training programmes for individuals from various disciplines,
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