We need to master knowledge of inventory management and finance. We have to record the stock of goods and even all things related to issues of spending and income that are done. It is no less important is to manage finances wisely and save capital to build a bigger business in the future. As business people who are always developing, of course, we want to level up and learn everything related to the business we do. After studying in detail about the procurement of materials through the wholesale formula, production stages, stock, and financial management as well as a good marketing system, the next step we can do is do our production the wholesale formula review.
This stage will promise greater returns and of course accompanied by greater business risks, so make sure we are ready when deciding to do this. At this stage, we can already breathe a little relieved because when we start to be in this position, the business we are doing has gone beyond the production stage itself. That’s an achievement that deserves thumbs up, considering that we started with almost no capital. Ensure that each of our production and marketing units can run well and smoothly in meeting every demand from consumers. Work even harder because the bigger the business, the more resources we need to run it.
Of course, it would be very different if we were going to start a clothing business by having a certain amount of money as initial capital, so we don’t need to be a reseller or drop shipper to just collect some business capital to do it because we can immediately start by opening a clothing store directly and immediately. start the business. The first step we have to do is look at the clothing business opportunity that we will run. Do a market survey and pay attention to the conditions of business competition and the opportunities that we will face later, this is very important as an anticipation of the risks that we will bear in running our business.