Member Spotlight | Fashion Equipped
Are you an emerging designer, fashion start-up or established business looking for a little guidance? Introducing TFIA Members Fashion Equipped. Founded by Elizabeth Formosa, the consultancy agency specialises in the areas of business development, project management, mentoring and masterclasses. "Our commitment is to equip our clients with the knowledge, skills and networks that will empower them to build a successful Fashion Business."
Fashion Equipped is a consultancy agency, founded by Elizabeth Formosa, an industry professional with more thank 20 years of experience. With extensive experience in various areas of the apparel and fashion industries, and a love of all aspects of the business, Elizabeth is committed to sharing with others her knowledge acquired over a long-term career. Elizabeth has worked in various environments, from corporate to privately owned companies, and has owned and run her own wholesale business. With successful roles in buying, product management and exceptional skills in sales, sourcing, product development, brand building, marketing, strategic planning and team management, diversity has been the key to her extensive knowledge. Elizabeth has been fortunate enough to work with quality mentors over her career, providing a high level of business coaching. Her objective now is to share her industry knowledge with others and support them on their business journey. A network of strong, successful industry professionals dedicated to the Fashion Equipped mission also support Elizabeth and her ethos.
HOW THEY CAN HELP
We work with businesses at all stages; from fashion start-ups to emerging designers to established businesses. Fashion Equipped will assess your position and recommend the consultancy method to suit your individual situation. Our commitment is to support, advise, guide and ensure you are not alone in what can be an overwhelming but extremely rewarding journey. We will share industry knowledge gained over years of experience, provide a high level of professional business support, connect you with credible networks and valuable resources.
A one on one business development consultation is where it all begins. We spend 2-3 hours fully focused on you and your business goals. This consultation is tailored to your specific needs. We will take a top-level view of your business objectives, product, price, customer, competitors, sourcing strategy, sales and distribution plan, as well as marketing needs. We will provide you with industry specific advice and feedback throughout the entire consultation process.We will then equip you with an all important action plan, allowing you to take your business to the next level. International and interstate clients have the option to consult via video conference.
Learning in a group forum has multiple benefits. You have the opportunity to meet like-minded people at a similar stage of business to share experiences, knowledge and build long lasting relationships. Fashion Equipped is committed to offering dynamic group learning opportunities. We hold two key events throughout the year, which include our ‘Introductory to Starting a Fashion Business Workshop’ and our ‘Fashion Business Masterclass Series’, which provides an accelerated amount of knowledge on key topics. In addition, we hold workshops that focus on specialised areas such as social media, digital marketing and protecting your intellectual property. We collaborate with industry leaders in these specific fields to bring a high level of value to our community.
The first three months of any new business can be extremely overwhelming. Fashion Equipped offers the ultimate in peace of mind, with an industry professional there to guide and support you, for a minimum of five hours a month. Your mentoring sessions will be exclusively tailored to your stage of business. This will be a three-month commitment to accelerate your business and industry knowledge. Your sessions will be scheduled and structured with a video conference consult once a fortnight. In addition, you will have regular email and phone access so that you never lose momentum or feel alone. Mentoring clients have access to valuable referrals, trusted resources, local and offshore manufacturers, fashion designers, product developers, pattern makers, garment technicians, graphic designers, website and marketing resources. The level of support this package offers in your start-up phase of business is invaluable. See your business accelerate faster than ever possible with Fashion Equipped.
If you are an established business owner or international brand, with a larger scale project and require the guidance of fashion industry professionals with extensive knowledge of the Australian market, you will have access to Project Management Consultancy. You will gain business planning, market research and implementation advice and access to key resources to work on your project. Whether it’s restructuring or expanding your current business, launching a new brand or diversifying into a new product category, we can assist you.
Sound like something you'd link to get involved in? Head to the Fashion Equipped website HERE to find out more.
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