A Guide to Clothing Boutiques
Boutique is a small store selling trendy clothing, jewelry, or luxury good. Some of the boutiques sell unique products, others do hand-made products while others deal with other fashion accessories.
To begin your boutique business, open a merchant account with the bank. 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. To have the list done perfectly, get to other boutiques that sell the same product and know the things you require. It is good to get to know wholesale suppliers when you just want to venture into a business. To check on the wholesale suppliers, you can visit various websites or read through some classified adverts. Interact with a variety of clothing wholesalers who do sale on your particular product. To maximize on profits, get to those who do wholesale sales at low costs.
Walk around and get to know the location where you will love to have your boutique store. Learn of the clientele in neighboring stores. See to it that there are those who do purchases of the same products as yours in that area. Talk with the store landlords to have your rents reduced especially when selling expensive clothes. 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 get funding’s for your business, get your savings, retirement account or apply a loan through a bank of your choice.
Obtain the first batch of your goods from a wholesaler. Ensure your counters, shelving units, floor stands and in-store signage are in place. The counters, shelving units and floor as well as the glass should be well cleaned. Display your working hours in front of your door. The cash register and the computer should be working well. Organize your products on the shelf as soon as you receive them. Get an employee who will help you do the work and also start doing the work of distributing fliers. An article can also be written in the newspapers that will help you do the adverts as well.
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. Having an added play area for variety of classes and workshops.