Becoming a self-entrepreneur is the dream that each of us plans to achieve. Of all the areas of activity that open to future business leaders, the ready to wear remains undoubtedly the most lucrative. How to develop your business plan and where to find the necessary financing?
The field of ready-to-wear is really captivating. With men, women and children in the wind, following the trends of fashion is a natural inclination. As a result, starting a business in this industry to become your own boss is an ingenious idea that promises to pay off. It is a long-term work, but that “the one who tries nothing, has nothing”.
At first, you have to know exactly what you want. Start your own brand or run a franchise business. These are the 2 options available to the project owner.
Then you have to look at the following questions: specialize exclusively in a specific activity such as the sale of luxury clothing, women’s novelties or products of a major brand. The choice depends on the inclination and motivation of the future entrepreneur, but above all he must:
– Have a thorough knowledge of marketing,
– To know with the fingertips the sector in which it starts,
– Have at hand a study of the market.
To all this is added, the development of human, material and financial resources to implement.
With most auto-entrepreneurs, the financing side remains a major problem. Today, various variants of credit opportunities are available on the market, but it is essential to prioritize the one that is the least expensive and the least complicated.
Specific credits such as the PCE (Enterprise Creation Loan) and the NACRE device are offered by banks and credit institutions to help entrepreneurs to realize their project. Not to mention the very high interest rate and administrative burdens, lenders of these types of credits in the short, medium and long term are strict on the procedures to follow and the conditions of granting. To quickly raise funds to finance a business ready to wear, why not choose a personal payday loan?
The personal payday loan is a short or medium term loan (the duration of the contract varies from a few months to a maximum of 5 or 7 years), with a ceiling of up to € 75,000.
Its main assets are based on several points:
– The plurality of funded micro projects,
– The non-requirement of supporting documents on the actual destination of the funds,
– The application of a constant rate throughout the contract,
– The freedom for the borrower to fix repayment monthly payments, according to his financial capacity.
However, failure to provide proof will result in an interest rate on the unaffected personal payday loan.]
Whether the borrower has an initial contribution or not, the credit without justification allows him to concretize the idea of creating his company of ready to wear luxury, feminine or for children. Before signing any loan agreement, it is better to do a credit simulation.