I want to open a boutique that sells teen / womens clothing designer, but I do not know where to start?
I've been wanting to open a boutique designer clothing for teens and women in denim, dresses, handbags, shoes, etc.. I do not know where to start. Besides, where to buy clothes authentic designer wholesale lots? Is this too big of a step for someone who never take entrepreneurship courses or any other business? How much time (approx.) I have to put in a lot more than a year (because I'm still in school)? Parents and previous work would help pay to open it, but how much it cost to open a designer boutique? Should I start with just jeans and then add from there? So many questions, I know! But I will choose a best answer! Thank you very much in advance!
It's a big company, but if you have support, you can do. You need to get a business plan together. A business plan is to organize the ideas you have in viable areas. Research will allow answers to questions like "How much do I need to open a boutique?" The answer to that depends on many things like, where is the shop? How much rent space? You work alone or hire employees? What is Buying your budget? Technology budget? Marketing budget? Marketing plan? Who are your local competitors? If it sounds like a lot, it is. Must have a small business resource center in their city. Go online, call, make an appointment. If you have employees, you need a tax identification number or EIN. The licensing vary from state to state. The resource center should answer many of your questions about starting a business. It will take planning and foresight, but I began marketing my business while I was in school, too. You could, but it will be a lot of work. Best of Luck!
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