How Do You Start A NASCAR Apparel Business?
In this article you will learn the steps involved in starting your own retail apparel business based on the NASCAR brand. It will take you from the basics of starting a business and licensing through advertising and keeping pace with the competition. It will also provide a list of the things you will need to start such as trademark registration, apparel tags and product liability insurance. Finally, it will provide tips on ways to gauge changes in market demand. Put together a winning (and accurate) business plan to line up the proper funding. A winning plan consists of a three things, 1) a unique selling proposition, 2) a succinct investment opportunity profile; and 3) a financial model that shows you understand the operational relationships and their effect on the bottom line. A unique selling proposition will most likely be location or demographic targeted. The opportunity profile should target both investors and bankers. It should discuss return on investment as well as risk mitiga
