WSQ Develop Business Plan for Fashion Enterprise

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Study Level

Certification

School

Textile and Fashion Training Centre

Awarded By

Textile and Fashion Industry Training Centre

Available to

Local & International Students

Duration

1 Months

Course Fees

$450-1500 (SGD)

Delivery Mode

Full-time

Commencement Dates

March, October

Starting your own fashion business but unsure of the viability of your business plan? This course offers you a step by step approach to achieve your goal and help you develop a road map for your business. This module covers the creation of retail concept, conduct consumer demographic studies, research and develop sales and marketing strategies, merchandise strategies, financial plans and budgets as well as developing forecasts with action plans for reality checks. A good business plan with financials is time consuming but an absolute essential for you to have a successful business that’s going to survive the initial start-up.

Objectives

Identify various financial components in preparation for a Fashion Enterprise Start-up
Develop a Start-up Funding Plan based on finance strategies
Develop Market Analysis and Retail Analysis Study to support a Fashion Enterprise Start-up
Develop a Product Plan suitable for a target market in the fashion industry where the Fashion Enterprise is intended to Start-up
Create a Marketing Plan to support a business strategy for a Fashion Enterprise Start-up
Evaluate Business Plan for Fashion Enterprise
Present business plan for start-up to stakeholders

Academic Requirements

Local Students
- GCE ‘O’ Level with 3 credits including English and Mathematics OR
- WSQ Advanced Certificate OR
- WSQ ES WPLN Level 5 and above
International Students
- High School Diploma equivalent to GCE ‘O’ Level with 3 credits including English and Mathematics OR
- Qualifications from professional institutes may be considered on a case-by-case basic AND/OR
- Pass TaF.tc Entrance Test
English Language Proficiency
- Possess a minimum credit in English at GCE ‘O’ Level or its equivalent OR
- IELTS score 4.5 or TOEFL score 450

Non-Academic Requirements

Minimum Age: 18 years old and above

Modules Covered

Financial planning and budgeting
Concept for a Retail Fashion Enterprise
Identify Market Segments
Merchandise Category Selection and Brand Positioning
Determining Competitive Factors
Strategic Turnover Path
Strategic Profit Model

Delivery Mode

Full-time

Duration

35 hours

Timetable

Tuesday to Friday
8.30am to 6.00pm

Commencement Dates

March
October

Assessment Methods

Successful completion of all modules within the course

Graduation Criteria

75% attendance rate of total training hours per module
Assessed and be competent for every module
Student Pass Holders – a minimum of 90% attendance per month will be required.

Awards

Upon succcessful completion of the course, trainee will be awarded the WSQ Statement of Attainment (SOA). WSQ Certification is nationally endorsed and recognised by industry partners.

Local Students

	Amount	Remarks
Course Fee	$1,500.00
Less: SSG Grant	($1,050.00)
Course Fee after SSG Grant	$450.00
7% GST	$31.50
Total	$481.50

Note: Local Students may receive course fee subsidy of up to 95% (inclusive of SSG Grant) and may use their SkillsFuture credits to pay for the course.

International Students

	Amount	Remarks
Course Fee	$1,500.00
7% GST	$105.00
Total	$1,605.00

Who Should Attend

Fashion Entrepreneurs
Fashion Buyers and Merchandise Managers
Senior Merchandise Managers
Designers
Retail Marketing Executives to Managers
Product Development Managers
Sourcing Managers
Retail Finance Controllers
Marketing Manager
Store Operation Manager

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