3 Tips On Managing  Cash Flow In Your Fashion Business


What is cash flow in business?

The amount of cash that passes in and out of a business is known as Cash Flow. It could be from operations, investing, or financing. Cash received in a business is known as inflows, while cash spent is known as outflows. 

The effective management of your cash flow plays a major role in the success of your business. So as much as you are trying to sort out operations, employees, and marketing, you also need to spend some time understanding the concept of cash flow as well as how to make the most of it.

Why is cash flow important for fashion businesses? 

Having said that, you might still be wondering what does cash flow have to do with my fashion business? After all, Fashion is about dishing out good designs and getting people to buy them right?... Just saying.

You have to realize that Fashion is like every other business, with many channels and sections You still have to divert funds into the different stages of the business such as design, sampling, fabric sourcing, marketing, salaries, etc.

And as a start-up brand, you can only hope all these will generate enough revenue for you to plug back in against the next collection or season. If you neglect your cash flow and refuse to monitor it, you are definitely going to run out of business, no matter how creative you are.


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It gives step by step explanation of how to manage cash flow in your fashion business.

In conclusion, how you manage money in the early stages can set your business up for failure or give you a good foundation to build on. How else do you new fashion entrepreneurs can manage money? Share with us in the comments…