How to Start a Retail Business or Clothing Store 1-2-3
5 Steps to Opening a Retail Clothing Store
1. Acquire experience in the field. Learn as much
as you can before you start your own store. If you already understand aspects of retailing,
merchandising, marketing, hiring, inventory etc., the less you will have to learn when you actually open
your shop.
2. Choose a niche and specialize in it. Focus on a
specific target market rather than trying to sell to everyone. Sell items exclusively created for your
target market, for example tennis apparel, second hand store for kids, Halloween costumes, etc. Can you
find a niche in your local community that is not yet represented? Focus on standing out, being different
and giving your customers what they can't find elsewhere.
3. Calculate your business start-up costs. Business expenses
can vary immensely. Costs will depend upon store size, location, types of products, etc. Get an idea of
what other retail shops spend on start-up and operating expenses by taking a look at sample retail store business plans
online for free, and often they have a financials section, including start-up costs and income
projections.
4. Select a location. Depending on where you
decide to situate your business, there are possible zoning restrictions that may apply. Check with
your city to see if there any requirements that may inhibit your business. Do you foresee enough foot
traffic to pay for the rent? Is the community growing? Make sure the location provides enough shopping
area, storage space and parking amenities to accomodate shoppers.
Alternatively, you can sell your clothing items online, either through your own online store or via multiple online marketplaces or both.This
can be more cost effective and convenient than a traditional retail shop, but keep in mind that you will not
have a storefront that advertises to customers.
5. Purchase your inventory. Some online wholesale clothing
suppliers include Apparel Deals, Liquidation.com, Off Price Fashion and Virtual Rags.
6. Advertising and Marketing. The bottom line is
that no matter what you are advertising, you need to get the customer's attention and persuade them to
act (call you, visit your shop, make an appointment, buy, etc..). Think about your store's unique selling
proposition and give people a reason to come see (and buy from) you.
How to Start a Clothing Store
You have many options in the clothing business: the market you want to reach, the type of clothes you want
to sell and how you sell them. Design a business to match your interests and meet the needs of your specific
clientele.
Part of making your business fun is ensuring that it will run properly and make money. There are important
tasks you must accomplish - and this business start-up guide will help you accomplish these tasks effectively,
while saving you money.
Start a Clothing Store Business 
Other Retail Business Guides:
- Men's Clothing
Business See how you can succeed in the highly-profitable niche of men's clothing. Complete business
plan outline you can follow.
- Antique Store
Business Antiques can be a lucrative and interesting business. Antique buyers are willing to pay
top-dollar for a hard-to-find, unique item.
- Bridal Shop
Business As long as people continue to get married, weddings will be a booming business. In
addition, helping make someone's "special day" more memorable is very rewarding. No wonder entrepreneurs
get into the wedding service business.
- Discount Store
Business Especially in an economic downturn, discount stores will flourish. Seeking out, finding and
offering bargain items can be fascinating and fun business.
- Fabric Store
Business For craftspeople and entrepreneurs who enjoy sewing, owning a fabic store seems like it
would be the perfect match. You get to share your skills and knowledge with others and constantly be
around people who share your same creative interests.
- Fashion Designer
Business As a fashion designer, you can also open and sell through your own specialty boutique. Here's
how.
Grow Your Clothing Business Income
with Proven Marketing Methods
If you are serious about getting lots of customers, and you don't want to pay thousands of dollars to an ad
agency, the Small Business Marketing guide shows you how to attract a steady stream of
buyers - on the cheap.
Local Search
Online - More and more people are looking for local businesses online (instead of the traditional yellow
pages) - and you don't want to miss out on this market. Local Search sources that are affordable and receive
substantial traffic include: Google Local, Yelp, Super Pages and Insider Pages.
Set up a Website - Let customers see a selection of items available in your store by
setting up a website they can view at home. You can also build an online store from which customers can order
clothing and accessories. If you run a small business, you may have the time to manage this yourself.
Alternatively, you can hire someone to handle orders received through the website. In either case, you can use
simple online store building software to create a professional online store for cheap with Shopify.com.
Clothing Business Resources: