A Guide to Clothing Boutiques
A boutique is store that does the sales of trendy clothing, jewelry, or luxury good. They differ in what they sell, for instance, one sells hand-made products others do unique products while others deal with T-shirts, stickers, and other fashion accessories in artificially small runs and sell them at high prices.
Start by opening an account for a merchant through the bank when starting a boutique. Apply for a vendor’s license through your local county administration office. The business name should be used as the DBA in the application. Send the applications back via mail. Come up with a list of all the types of clothing you need to sell. Go to some of the boutiques that sale the same product you want to venture into to know the requirements. Connect with a wholesale supplier if new into the business. To check on the wholesale suppliers, you can visit various websites or read through some classified adverts. Call several clothing wholesalers that have the products that you are planning to sell. After sampling the wholesalers, have one that sell the products at a low price.
Move around and get to know well the location of your boutique. Get to know the businesses that will be around your boutique. Make sure that the businesses around offers services to clients that fall in the category of your clients. Negotiate for low rents with the store landlords if selling high- end clothing. Create your business plan by getting a template of already existing business plans from the website. 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 finance your business, you can use your savings or retirement account or apply for a loan through your bank.
Place your first produce order through your wholesaler. Have your counters, shelving units, floor stands and in-store signage. The counters, shelving units and floor as well as the glass should be well cleaned. Using decals place your business hours in front your door. Ensure all cash registers and your computer are operational. Place your products on the shelves as soon as you get them. Then, hire an employee who can help you keep the labor expenses down and distribute fliers all over. If possible, get to know if you can get your article written in the local newspapers for purposes of advertisement.
Having the whole procedure in place you can now enjoy doing your business. Some of the first class boutique owners like the Anthill shopNplay offers the best line of products both locally and internationally. A play area for variety of classes and workshops are other added services at Anthill shopNplay.