A Guide to Clothing Boutiques
A boutique is store that does the sales of trendy clothing, jewelry, or luxury good. Some boutiques specialize in hand-made items while other unique products, others mainly deal with T-shirts, stickers, and other fashion accessories in artificially small runs and sell them at high prices.
To begin your boutique business, open a merchant account with the bank. Then, do application for a vendor’s license via your local county administration office. The business name should be used as the DBA in the application. Mail back the office after the process of application. Write a list of the things you need to sell. Go to some of the boutiques that sale the same product you want to venture into to know the requirements. It is important to look for a wholesale supplier when just beginning a business. Check through the internet and find some of the suppliers of the product you want to sell though their websites or other adverts. Call several clothing wholesalers that have the products that you are planning to sell. Get to those who offer the products at low costs in order to maximize on the profits.
Walk around and get to know the location where you will love to have your boutique store. Check on the businesses that are done within the environs of your boutique. Make sure that the businesses around offers services to clients that fall in the category of your clients. Talk with the store landlords to have your rents reduced especially when selling expensive clothes. Make up your own business plan by doing some reference of the existing business plans. Have a n estimate of how much it will cost to invest into your business the first 6 months of the business and include both the product cost and adverts. To get funding’s for your business, get your savings, retirement account or apply a loan through a bank of your choice.
Place your first produce order through your wholesaler. Have your counters, shelving units, floor stands and in-store signage. Do cleaning on the counters, shelving units and floor as well as the glass. Have your business hours clearly indicated at your door front. Make sure that both the cash register as well as the computer are in a good state to function. Place your products on the shelves as soon as you get them. Get an employee who will help you do the work and also start doing the work of distributing fliers. You can also do your advertisements on a local daily through an article.
Having the whole procedure in place you can now enjoy doing your business. Boutique owners such as the Anthill shopNplay, offers very good products from their boutiques both locally and internationally. It has an addition of services such as a play area for variety of classes and workshops.