Wise Today Says: Great Planning is Now the Perfect Fashion Business Accessory

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The retail fashion industry has successfully taken its strut to the online runway. But it takes more than a sense of style to succeed in this competitive market -- it also requires careful planning.


Road to Success

We offer custom plans for any price point, but we never scrimp on quality, because we value our clients.

"Fashion attracts a free-spirited kind of entrepreneur, willing to take risks," said Joe Ferriolo, president of Wise Business Plans, which helps companies of all sizes create custom business plans. "But there are some areas of business that should be rock solid. Having a roadmap to success in the form of a well-crafted business plan should be non-negotiable."

One of the fastest-growing retail fashion sectors is the online sample sale industry, according to business research leader IBIS World. Geared toward bargain-seeking customers, the industry, according to IBIS World, has experienced average revenue growth of 49.6% per year during the five years leading into to 2012.

But working in an environment that thrives on bargains shouldn't mean cutting corners when creating a business, said Ferriolo.

"The online retail companies that are flourishing know the difference between cheap merchandise and a good deal," he said. "We offer custom plans for any price point, but we never scrimp on quality, because we value our clients."

A strong business plan feeds creativity by creating a strong foundation to build a business on.

"If you plan to take a leap, you have to have a secure place to jump from. We help our fashion clients ground their businesses, allowing their ideas to soar."

Wise Business Plans (http://www.wisebusinessplans.com), staffed with professional MBA writers, researchers and financial experts, is a trusted partner for businesses across a broad spectrum of products and services. Our mission is to empower our clients to make the best possible business decisions, boost company performance and facilitate their funding success by laying the groundwork for strong businesses that excite, inspire and retain talented and exceptional employees.

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