Fashion Unraveled - Second Edition - How to Start and Manage Your Own Fashion (or Craft) Design Business
Jennifer Lynne Matthewsamazon.com
Fashion Unraveled - Second Edition - How to Start and Manage Your Own Fashion (or Craft) Design Business
Early Retirement Extreme: A philosophical and practical guide to financial independence
Jacob Lund Fisker • 1 highlight
amazon.com
That’s why it’s important to keep inventory levels as low as possible while satisfying customer demand. If the business has to throw out spoiled or marked-down out-of-season inventory, it still has paid for the cost of manufacturing it.
Dawn Fotopulos • Accounting for the Numberphobic: A Survival Guide for Small Business Owners
As I said in Chapter 2, very few small business managers know their fully loaded direct costs for labor and materials, and this ignorance is not bliss—it is driving blindfolded.
Dawn Fotopulos • Accounting for the Numberphobic: A Survival Guide for Small Business Owners
(1) Viable business model - can you make decent profits on the unit economics? (note: this means that DTC winners will, by and large, be premium-priced, with decent basket sizes, with efficient cost structures, and have repeat business with a customer rather than just one-off transactions)