• Boutique name • Mission statement • Goals and objectives • Business philosophy • Your target market • Your major competitors • The major strengths and weaknesses of your online boutique • Details about the owner(s) • Product pictures- here are some great product photo tips • Videos • Product specification • Product features • Product quality • Product price • Fees • Buying structure • Selling structure • Delivery channels • Product production/product leasing/product buying • Product location • Warehousing details • Website • Payment processing • Order processing • Shipping • Website updating • Quality control • Employees • Employee salaries • Inventory details • Supplier details • Credit details (selling) • Accounts receivable • Secondary market research • Primary market research • Market size • Market demand • What products to market • Who are the customers • Customer details • Customer demographics • Competition details • Competitor strengths and weaknesses • Marketing strategy • Marketing budget • Marketing tools • Promotional tools and methods • Advertising methods • Geographical details • Sales estimation • Personal finance • Initial investment • Capital • Start-up cost and expenses • Breakeven point • Financial plan • First year’s estimated profit and loss statement • Projected cash flow statement for the first year (how much do you want to make) • Balance sheet (day-to-day) You can find information on the cost of starting a boutique here.• What ecommerce platform to use- check out my recommendation for building websites here.
However, starting a successful online clothing store is more than just buying a domain and placing an ad.
A successful store is dependent on the niche you choose, the branding you create, the quality of not only your clothing products but your site, the customer service you provide and fulfillment strategies.
Enterslice team helps in Reducing the burden on founders via well defined & Evaluated process, structure, and investor connections.
Overall roughly a 1.5 % % hit rate for the companies that pitched in 2015 for Funding.
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Clothing Store Business Plan Sample Business Succession Plans
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Capital Raising is also a tremendous time commitment.
It is not uncommon to spend 2 to 6 months of nearly full-time effort on a successful venture round. We’ve been through the process multiple times; we’ve served as Lead Advisor, Consultant to Founders, Interim CEO or CFO to startup clients that have successfully raised funding.
Below are links to each of the key sections of your Clothing Store business plan: I.
If you are planning to start a new clothing business, the first thing you will need is a business plan.