Today we are going to talk seriously about the Boutique business Plan in the fashion business. Today we will tell you in detail about the benefits of starting a this business. A shop that sells fashionable clothes is called a boutique.
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| Boutique business plan |
Nowadays everyone loves to wear nice and fashionable clothes, so starting this business today can be profitable. If you are designing fashionable clothes with your skill / workmanship and selling them at home, online, you can open a variety of boutiques.
Qualification for boutique business:
You must have a minimum
qualification of 10 + 2 and you must have a
certificate, degree or diploma in fashion designing courses . These courses are
of different types which we have described in full detail below:
Design these Boutique Apparel & Accessories:
The minimum qualification to do
this course should be 10+2 in
this course you will be taught:
- From fiber to fabric
- Pattern making
- Fashion boutique management
- Draping
- Garment construction Fashion Illustrations
- Design development
- Extensive service ornamentation and embroidery
- Costing and Sourcing
Diploma required:
The
duration of this course is 5 years. This course is suitable for those who want
to be a part of the fashion, textile and accessories industries. This course is designed to help
you improve your thoughts process and skills. In this course you will be taught;
- Pattern making
- Garment construction
- Fashion merchandising
- Computer aided designing
- Ornamentation
Suitable locations for this business:
- Start your own home-based business
- Open the stand-alone booth
- Start an online boutique business
Home based boutique business:
You can open any type of boutique
according to your budget. To open a boutique in your home, make sure that at
least one part of the boutique room is open to the public. A home-based Boutique business can also be started at a low cost
Online boutique business:
In online business you can post
your boutique designs on the internet on your own website or on an e-commerce
website. You should keep an eye on the
current fashion trends in the market. Check
out the proper delivery service for your online booth. You need to upload Clear Images to online portal
with their clear details.
Stand Alone Boutique:
The stand-alone boutique is a boutique
with one location and one owner. You
can start by renting a shop in the market or buying it. Licenses and documents are required for
opening standalone boutique.
Costs and essentials for the boutique:
When opening a Boutique
business plan,
you need to keep in mind what big boutique you want to open, how much it will
cost, and what you need to know about the boutique.
Rent:
If
you are talking about the area of your boutique shop area it would be at
least 100-1000 Sq ft. The price will depend on the economic status of your area
when you buy a shop equal to this area. If you are opening a boutique in an
expensive area and you have a 5,000 ft area, your shop's rent will be up to Rs.15,000-20,000.
Interior design:
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| Boutique business plan |
The
shop decoration and interior for the boutique is very meticulous. The front of the shop is made of glass so
that people can see the clothes from the spring. Arrange sofas and couches for
customer seating.
Boutique equipment list:
|
Equipments |
Qyt |
Price
|
|
|
Clothing stands |
2-3 sets |
1,200-3,000 |
|
|
Hangers |
2-3 sets |
1,100-2,500 |
|
|
Steam Iron |
1 |
1,800-5,000 |
|
|
Outdoor Signage board |
1 |
5,000-15,000 |
|
|
Floor carpet |
1 |
1,200-7,300 |
|
|
Full size mirror |
1 |
3,500-8,500 |
|
|
Boutique racks |
2-3 |
5,500-12,000 |
|
|
Total |
13 |
|
Machines:
|
Machines |
Qyt |
Price Approx. |
|
Machine |
1 |
4,000-10,000 |
|
Overlock machine |
1 |
7,500-33,000 |
|
Single needle lock
machine |
1 |
11,000-60,000 |
|
Total |
3 |
22,500-1,03,000 |
Required staff:
You have to decide before opening how many people can you hire. It depends
on the size and work of your boutique. Staff includes;
- Tailors
- Sales girl
- Designer
- Store manager(if required)
Required investment:
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| Boutique business plan |
Your boutique shop rent, staff salary, cost of machines, equipment and the rest of the expenses together make your total investment Rs.
1,58,600- 3,13,600. Here we have stated the amount of investment according to a
mid-level boutique. If you are planning to open at large scale, then the amount
of investment can boost.
Profit margin:
Establishing this business and making a profit is not very
difficult. Profit depend on what area
your boutique is in,how much your rates are compared to the rest competitors. In
the beginning you can earn Rs.35,000-40,000 per month. As the work of the booth
grows, so does the work. Boutique business is one of the busiest
businesses during the wedding season.
Where to buy / supply clothes for Boutique:
You will need to find a supplier.
Whether you are establishing your own brand or selling a pre-established brand
through your boutique, in both cases you will need to find a supplier for your
business. You will also need supplier for raw material. There are many online
and offline wholesale markets where you can buy some goods for boutique dresses
at cheap rates.
Marketing your business:
You should keep in mind what are you doing in comparison to your other competitors that is distinguishing your business from the rest and growing your list of customers? You can promote your boutique online and offline . Google my business is a Google tool that lets you add your business to Google listings. Someone will search your boutique name ,they will find all the information. The best way to promote your blog is through social media platforms like Facebook, Instagram and WhatsApp. You can also advertise your business through pamphlets at your shop. You can also deliver it door-to-door by giving some money to the local newsman in your area.
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