Our clothing store is located in a corner piece property on a busy road directly opposite one of the largest residential estates in Los Angeles and few meters away from a busy business district.
The key is establishing a particular niche for your clothing boutique. Consider purchasing an existing franchise if you have money to invest. You can also start you clothing boutique from scratch with a wholesale supplier. Contact your bank and get an application for a merchant account, as credit cards can increase your sales potential.
Use your business name as your DBA when applying. Fill out the application and mail it back with your application fee.
Make a list of all the types of clothing you want to sell. Visit competitive clothing boutiques that sell this merchandise. Notice what clothing these retailers sell and the prices they charge. Search for a wholesale supplier for your clothing boutique if you are starting from scratch.
Contact the National Association of Wholesaler-Distributors.
Ask your contact person if they can supply a list of clothing wholesalers. Order some free trade publications on retailing. Read through the classified ads for potential clothing wholesalers.
Call several clothing wholesalers. Find wholesalers that offer all the products you want to sell. Select the wholesaler that offers you the lowest unit cost of clothing products. Search for a location for your clothing boutique store. Look in areas where traffic is heavy, such as strip malls or busy intersections.
Study the clientele in neighboring stores. Make sure the shoppers fit the demographic profile of the shoppers you want for your store, according to Entrepreneur.
Select a higher income area, for example, if you will be selling high-end clothing in your boutique. Make a business plan. Estimate how much investment you will need in six months in business, including product costs and advertising. Finance your business with your savings or a retirement account.
Apply for a loan through your bank. Place your first merchandise order through you wholesaler. Set up your counters, shelving units, floor stands and in-store signage.Free Boutique Sample Business Plans Thinking about starting up a boutique? Take a look at a sample business plan for a lingerie store, clothing boutique, or shoe store to .
Jul 19, · Summarize your boutique’s business plan in less than two pages. Use this formal summary as the plan’s executive summary and place it at the front of the plan. Write the executive summary to entice the reader to read the business plan for more details.
A business plan is the basic informational document that has all the details about your online boutique. You can share your business plan with stakeholders.
You can refer to it in case of any ambiguity. How to use your business plan? A business plan serves many purposes. Are you about starting an online boutique? If YES, here is a complete sample retail clothing store business plan template & feasibility study you can use FREE.
Jul 19, · Provide reasonable assumptions and projections about future sales, if your business has yet to open its doors. Supporting Appendix. Create an appendix at . Many people email me or ask directly on my apps how to write a business plan for a store or a boutique.
Additionally, people don’t want to just plan this business. They want to start these businesses and eventually open a store or a boutique.