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My Business History
* Started out in advertising
* Moved to marketing in the dairy industry
* Joined Courtaulds and ran a couple of factories making clothing for Marks and Spencer
* Became International Marketing and Business Development Director for Courtaulds Fabrics
* In 1992, started a business sourcing clothing in Eastern Europe Clothesource Management Services
* Between 1992 and 2000, operated in Poland, Belarus, Romania and Bulgaria, finding clothing factories and managing manufacturing for UK clients
* Disastrous expansion to the US in 1998 caused us to re-think the direction of the business
* Since 2000, we have changed direction from hands-on manufacturing to consultancy
* Our clients today are international and include many high-street names
* Still have an office in Romania and provide quality control for UK clients, making womenswear, childrenswear and airline textiles
* We sell “shrink-wrap packages” of information worldwide, and have consultancy clients in UK, US, Spain, Switzerland and Australia
Clothesource Today Princes Trust Mentor
* For 10 years, I have mentored young people starting their own business
* The same issues affect every small business
* Sometimes experience in a large company can be the wrong experience for a business start-up Structure of this presentation
* Transferring skills: employee to business owner
* Key challenges in the early years
* The challenge of growth
* Conclusions The Company Employee
* Is trained for the job
* Is surrounded by colleagues
* Knows her place in the company heirarchy
* Can rely on support
* Can rely on a salary
* Expects career progression
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Category : Entrepreneur