Bridal business help with your cash flow and sales
Do you need bridal business help? Are you too close to your own business to see where improvements could be made?
Do you have poor cash flow and too much stock?
Do you have a long term overdraft?
Need advice at helping your businesses reach its full potential?
Below are just a few topics that need to be addresses to help your business grow:
Investment
Did you have a realistic investment to make a success of your business? If you started up without the right investment this could be the cause of your cash flow problems.
Review and update your financial plan
It’s never too late to look at your business plan and review all aspects, without it you cannot realistically have genuine sales targets. If you need help we can help you create a thorough business plan tailored to your business giving actual sales targets you need to meet on a regular basis.
Overheads
Carefully reviewing, assessing and reducing your overheads can help with your cash flow. Are there overheads you failed to account for when you started the business? To date I have never found a client with a full list of ‘actual’ overheads, this can lead to poor sales and cash flow problems.
Sales targets
Having realistic sales targets, releasing old stock and improving your media presence could increase your cash flow. I can help you find the right balance.
Costing of dresses and profit margins
Make sure your profit margins are not too low or too high as pricing may affect your sales figures.
Stock control
Too many discontinued samples can cripple your cash flow. I can help you find a way to remove unwanted stock.
Marketing & advertising
Take a deep breath and join the media game. You can build an effective and responsive audience that brings you genuine leads via free and paid social media campaigns.
New samples from designers
You should not feel pressure from your suppliers to buy every season? Get in touch with me to talk about this.
Premises
You should review your rent & associated rates, read the terms and conditions carefully as simple clauses can be missed that could be saving you money.
Employment
Not having any sales staff can affect your business. Looked at carefully you can employ 3 members of staff for the price of one. I can show you how.
Brides changing their minds
You should protect your business and customers from brides wanting to cancel an order, change size or style of dress. We can provide bespoke stationery with relevant terms and conditions to provide you better protection.
If you need help and would like a FREE 30-minute informal conversation or online meeting regarding your business, please contact me by email to arrange a suitable time to talk.
I have more than 25 years experience innovating businesses within the bridal industry and am ready to offer you the personal service that you may need and deserve. Take a look at my About page to find out more about me.
Let’s take a look at your business from the outside.
YOU ARE NOT ALONE!
Contact me today:
Online contact form: online form
Email: janewatson@bridalbusiness.co.uk
or call: +44 (0)7909 52 02 47
For more bridal business help read our featured articles on the Bridal Buyer web site:
‘Starting or enhancing
a bridal business‘
&
‘Setting up shop‘
TESTIMONIAL
“I was ready to sell my business after trading for many years, not because business was not good, sales were fantastic, but it was problems with staff, too many sale samples and not coordinating everything the way it should be. After having a two day consultancy with Jane Watson I felt like a new person and ready to implement changes I hadn’t even thought of. Sales have increased, attitudes changed and I feel so excited about my business so I have no intention of selling.”
Previous Client
Shop Owner, Bridal Retail
TESTIMONIAL
“Excellent day, incredibly useful, money well spent as Jane has saved us so much money and refocused us by giving us invaluable advice. Thank you very much.”
Previous Client
Existing Business
TESTIMONIAL
“The whole experience has been enlightening and a positive feel for everything. Major issues will be sorted and the business will be run as expected.”
Previous Client
Shop Owner, Bridal Retail
TESTIMONIAL
“Information given throughout the consultancy was very clear, very precise and understood very well. We were amazed at how much information was provided and how much work we covered throughout the day. We feel more confident about moving forward and starting fresh. Thank you Jane for all your help and expertise.”
Previous Client
Established Business