- Original Poster
- #1
Hi all,
This is my first post here, and I’m looking for some thoughts and feedback. I own a sports clothing brand that I started in 2018, though it’s not based in the UK. The brand is well-recognized locally and has a loyal customer base—almost everyone buys more than once.
Currently, the annual turnover is around 400k euros, with a profit margin of 25–30%. Over the last four years, the brand has been growing steadily, adding 50–100k euros to its turnover each year. In general, everything is going well.
I work with other companies for tasks such as web development/maintenance, paid ads, and photoshoots. However, I still feel like a "one-man army," which causes me some stress that I’d like to reduce. Additionally, the scaling of the business isn’t progressing as quickly as I’d like.
I believe I might need help but am not entirely sure in what areas or how to find the right people. This could range from franchising in another country, opening physical stores, stocking products in other stores, or even offering shares in the company.
I have many ideas on how to optimize profits, increase turnover, and grow the business on my own, but if I were to bring someone else on board, I’m unsure where to start looking.
This is my first post here, and I’m looking for some thoughts and feedback. I own a sports clothing brand that I started in 2018, though it’s not based in the UK. The brand is well-recognized locally and has a loyal customer base—almost everyone buys more than once.
Currently, the annual turnover is around 400k euros, with a profit margin of 25–30%. Over the last four years, the brand has been growing steadily, adding 50–100k euros to its turnover each year. In general, everything is going well.
I work with other companies for tasks such as web development/maintenance, paid ads, and photoshoots. However, I still feel like a "one-man army," which causes me some stress that I’d like to reduce. Additionally, the scaling of the business isn’t progressing as quickly as I’d like.
I believe I might need help but am not entirely sure in what areas or how to find the right people. This could range from franchising in another country, opening physical stores, stocking products in other stores, or even offering shares in the company.
I have many ideas on how to optimize profits, increase turnover, and grow the business on my own, but if I were to bring someone else on board, I’m unsure where to start looking.
