The value chain in the fashion and design can be quite long and complicated. It starts from the point of seeking raw materials. These are found in diverse forms and sizes and the end product determines at what stage one will go for it. It is therefore important to know at what stage one material is converted to the next.
A textile designer creates patterns, designs for fabric and develops different types of fabric. They also do embellishment of fabrics. It all starts from the very raw form in selecting the yarn, color of the yarn and the dyes for making the new fabric. Before they begin working on the fabric, they have to source for raw material to use in making the fabric. They instruct the weavers and knitters on how to make the fabric they have designed. Such fabrics are used in making clothes, carpets, and other related products. In some cases, they also work with finished fabrics. They select the prints which are embedded in the fabric. Cost-effectiveness and weather conditions of an area are put in consideration in choosing the fabric. Textile designers develop the raw material for the fashion designers. They do this in textile design firms.
Fashion designers use the final product from the textile designers to develop new clothes with new designs. They imagine designs put it on paper and add the desired color then they choose a fabric that will best suit the shape of the new design and make the clothes. Apart from making clothes, in current times they also make accessories, kids’ clothes, footwear, bags and many other items which are also used by men. A fashion designer is diligent in sourcing for the right fabric for the design so that they can use it in making physical samples of the clothes. In some cases, they will stitch the pieces together or hire a team of people who will put the pattern together to give the finished product shape. In the end, the sample is reproduced by factories for the user.
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Nowadays, many businesses opt for the most effective and efficient way of reporting their finances and understanding their financial positions. Online accounting services are cheap since they do not require a lot of booking and constant calculations since the system updates itself. Calculations are so easy to do since one has to just prompt the system and it analyses the data. This is very efficient in terms of time and resources.
Benefits of these online services and training are innumerable. It helps compare financial information with market competitors and help evaluate the competitive position of the business in the market. In cases when one needs a loan from the bank or a financial market, a financial report is fundamental.
The Xero software saves the relatively small businesses an entire finance department. Clients are taught how to manipulate the software to achieve the optimal assistance in their financial book-keeping. Advantages of this software include:
- Creating online invoicing for customers with a standard format
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In the fashion industry, the various experts have to work in unity so that they can come up with the desired final product. On both ends, it is essential that they are accountable for their finances. This will help them determine the value of their enterprises and be able to make necessary adjustments where possible.