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What's the business plan for opening a boutique?
While our initial goal is to open one boutique, expansion plans include potentially franchising our retail store and/or building a well-recognized brand name. In turn, we would hope to penetrate a sizable portion of the online retail market.
What kind of clothing should I sell for my business?
While apparel, such as business clothing, casual wear, jeans and formal wear will be our main staple, we will also offer some accessories such as belts, scarves, and hats. We will earn profits by selling our merchandise.
When to create a clothing line business plan?
The course is only free until August 2021, so make sure to signup while you still can. A clothing line business plan is a crucial (and often forgotten step) that is needed before starting your brand. The plan will help you define and streamline both your long term and short term goals.
What should be included in a business plan?
Start-up funds will be used for renovations, inventory and operating expenses such as rent, utilities and payroll. Further, most of our initial investment will also be used to purchase retail equipment and inventory software – all of which will produce future benefits for the company.
Last Update: Oct 2021
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