Retail Clothing Business Plan: How to Start Retail Clothing Business

June 14, 2010 23 Comments

Question: Dear sir, can you suggest me the procedure, risk, cost and other factors in the retail clothing business, I want to start retail clothing business in Taxes, I have 27,000 USD to devote this business, please suggest a plan and give me some basic idea about the kind of business.

Tips and Guide to Start Retail Clothing Business

Answer: OK, so you want to start a retail clothing business in USA?  The capital you have is enough to start the business. Dear friend, first of all you can start the business with rented premises as you have not given any information whether you have any shop of your ownership so presuming you don’t have you first find the area which is high density area crowded by people, you may select malls or can open individual shop.

Then select the type of garments you want to business in. You can deal in ladies garments or children wear or gent’s garments or ceremonial garments etc.

It may also possible you can deal in more than one category of garment. Find trusted suppliers who are well known to the market and provides uninterruptedly and who are cost effective.

Start giving advertises in public news papers, brochures, pamphlets etc. so that people come to know new shop is being started. Aware customers about type of and variety of garments available in your shop so that they will spread the same information in an informal ways to those whom they know this way indirect advertisement will be done.

You have 27,000 USD you can very well utilize this amount. First of all you require shop deposit around 7,000 USD then good furniture to attract consumers then keep stock around 10,000-12,000 USD. Rest of the amount you will have to pay and for the balance you will get credit from supplier so that much amount you can utilize elsewhere. This way plan your business and most importantly get it registered with local authority with the name you prefer.

If you want to ask any questions you can ask questions here.

23 Comments »

  • vemanna said:

    Dear sir,
    My name is Vemanna, can you suggest me the procedure, risk, cost and other factors in the retail and wholesale mini supermarket/ departmental store business, I want to start mini supermarket store business in Mudhol karnataka, I have 50,000 australian dollars to devote this business, please suggest a plan and give me some basic idea about the kind of business.
    thank you

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    Scott Wilson Reply:

    Mr. Vemanna,
    The idea is god and workable as well within the mentioned capital. The only thing which is the question mark is that what is the mindset of the people of that region? Are they comfortable with mall and departmental stores or not. The process is not so tough so don’t worry much about the process.
    It is as simple as the start of a new shop.
    Thank you.

    Reply This Comment

  • B K said:

    I am planning to bring my own brand for ladies and men’s garment in south part of india, and working out for that. For this
    1. How much I want to invest,
    2. How many garments that needs to be in display, in Stock and in production.
    3. How many styles to plan for a season.

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  • R S said:

    Dear Sir, I am R S, doing job in readymade garment export house for last 8 years. Now I have made my mind to start my own garment business in domestic retailing with my close friend. We have very limited money approx 20k USD. We are considering to target teenager and young girls for our product. Also clear with product line ie Blouses, tops, scarves, leggies, and skirt. Need tips from you how to plan and execute.

    Reply This Comment

  • Ruby said:

    Dear Sir,
    • I would like to start some garment business in TN.
    • It will be great if you please suggest your idea in all aspects. I don’t have any business idea.
    • I found there is no show room for the branded readymade jeans or pant/shirts.
    • How much I need to invest to get start with this?
    • I would like to deal with all branded dresses.
    • Is it viable to deal with multi brand dress? If so where from where I have to get these deals and how much percentage of profit I can get
    • How much I need to invest and How much income I can get yearly?
    • I found somany local garment showroom available.
    • If I open a showroom for such a branded dresses, will it work out? I’m planning to take a rental showroom. Kindly advise me.
    Thanks
    Ruby

    Reply This Comment

  • B S said:

    Hello, I am in LA. We are manufacturer of Grey fabrics at present. Now we are interested to start a Kids clothing retail store. I am looking at the 0-12 age group at the moment. So I need details how much investment is required?
    Thanking you and awaiting for your reply.

    Reply This Comment

    SN Reply:

    Hello sir,
    I am doing trading since 2003 and I have good Experience about the garments. You have a very good idea about the kids garments and you can got much more profit in that business. At first to start your business you need about USD 20000 TO USD 25000. If you want to know other detail reply me.

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  • D G said:

    Hello, I want to start a ladies garments business with small amount of investment. I want to know the procedure of starting this business. Also want to know how to generate sales in this business? Is it profitable business?
    Need to know details ASAP.

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  • V S said:

    Hi, I have recently done my graduation, but I want to start a garment retail shop in MI. I need information about the cost of the shop, materials of garments( shirts, T-shirts, Tops) and specific kind of whole sellers whom I can contact with. I have no idea. How it will be? Need your advice/

    Reply This Comment

  • S J said:

    Hello there, I was working as a sales manager for the past several years. During that time, I manage to set aside enough funds to invest in a business. Since my wife has a good knowledge about fashion and clothes, we were planning to start a clothing business. But we don’t have much knowledge about how to start this business. So, if you could help a bit, it would be really great.

    Reply This Comment

  • RM said:

    Hi,
    I wish to start a garment business in my city with less investment, can u guide me i am from lower middle family so can guide me to get financial support from bank or financial institution. Eagerly waiting for your reply.

    Thanks in Advance.

    Reply This Comment

  • PR said:

    Dear Sir,
    I was working as a sales manager for the past several years. I have good knowledge in the sales/marketing and I have good ideas. I want to start my own business now, but I don’t have money. What kind of business I can start,how to start business. So, if you could help a bit, it would be really great.
    Thank you.

    Reply This Comment

  • PR said:

    Hello sir
    I am planning to start a ready made for girls around 300 or 600 Sq Ft and I need some reference profile about ready made shop because so that I can approach to my bank. So kindly help me with this issue.
    Thank you.
    PR

    Reply This Comment

  • MD said:

    Dear Sir,
    I have started a Boutique a women engineering college in a fairly good locality but I am not getting response as required. I have Ladies under garments, Kurtis, leggings & Indian dresses. What should I do more to get good walk ins & buyers?
    Thank you.

    Reply This Comment

  • CH said:

    Dear sir,
    I want to open a retail garment shop in India(Goa)what will be the risk, cost, legal procedure, and expected annual returns. How to fix the price for the cloth how much percentage of profit do I need to take?

    Thank you

    Reply This Comment

    Scott Wilson Reply:

    CH,
    As far as investment is concerned, it all depends on what goods are you seling. For the place and marketing aspects, you need to do research personally by going there. You will get better idea whenb you will visit place and analyze the market.
    Thank you.

    Reply This Comment

  • KH said:

    Dear sir,
    I would like to start a garment business . I want to start men’s garment like T.shirts, shirts& three quarters etc can you please suggest me how much I need to invest, how to tackle customers, how to spread my business
    thanking you &awaiting for your reply.

    Reply This Comment

  • DM said:

    Dear Reader

    I am interested in starting a Business in Retail Clothing for all ages. I have a capitol of 5,00,000 INR to invest. Is this the good idea to begin with. Initially, I am planning to take the space on Rent. Please advice.

    Regards

    Reply This Comment

  • PR said:

    Hello sir,
    I am going to strat a mens garments company in my native place. I am having only little amount of money. So I am looking for some garment company to make a deal about getting men garments for credit? Is it possible to get garments for credit? If it please give some good idea about this situation? I am waiting for your reply sir.
    Thank you.

    Reply This Comment

  • SJ said:

    Dear sir ,
    I have a shop of 25 sq. mtr in building basement just opposite to my city bus stop. Presently in that builing thereis one hotel, restaurant, cafe house, pharmacy, garment store, travel shop and wine store. It would be appreciated if could guide me on what buisness will be most suitable in that area.
    Thanking you.

    Reply This Comment

  • priyanka said:

    Dear Sir,
    • I would like to start some garment business in TN.
    • It will be great if you please suggest your idea in all aspects. I don’t have any business idea.
    • I found there is no show room for the branded readymade jeans or pant/shirts.
    • How much I need to invest to get start with this?
    • I would like to deal with all branded dresses.
    • Is it viable to deal with multi brand dress? If so where from where I have to get these deals and how much percentage of profit I can get
    • How much I need to invest and How much income I can get yearly?
    • I found somany local garment showroom available.
    • If I open a showroom for such a branded dresses, will it work out? I’m planning to take a rental showroom. Kindly advise me.
    Thanks

    Reply This Comment

  • raj paarkar said:

    Hello I was working as a store manager for 7 years. Now I have opened my own store for kids and ladies garments. I am putting my full effort but still my store turnover is very down. Need your help and guidance for running my business successfully…

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  • BIBHUTI BHUSHAN said:

    Sir, I am fully unemployed and want to open a store for kids and ladies garment but I am afraid because I don’t have any business idea. Please suggest me immediately.
    CITY-PATNA
    STATE-BIHAR

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