Connect with us

Retail Business

Fabric Shop

Add some texture to your business side with a shop that’s made of good material.

Entrepreneur

Published

on

Business At A Glance

Fabric Shop

Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

A fabric shop retailing numerous styles and types of fabrics can beopened in a fixed storefront location. Fabric shops have traditionallybeen very profitable specialty retail operations as the markups appliedto fabrics for retail sales can exceed 100 percent or more.

Thebusiness needs little in the way of specialized equipment, thus keepingthe operating overheads to a minimum. To get started, you’ll need tosecure supply arrangements with fabric manufacturers, many of which arelocated outside of North America, so this business will require a bitof research and planning.

In addition to fabrics, sewing patterns,buttons, zippers, curtain rods, sewing machines, other sewing notionsand craft items can be sold as a method to increase the selection ofgoods available to consumers as well as increasing revenues.

The Market

People who need sewing supplies and other arts and crafts items

Entrepreneur Magazine is South Africa's top read business publication with the highest readership per month according to AMPS. The title has won seven major publishing excellence awards since it's launch in 2006. Entrepreneur Magazine is the "how-to" handbook for growing companies. Find us on Google+ here.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Retail Business

Lighting Shop

It’s time to shine some light on your business startup.

Entrepreneur

Published

on

Business At A Glance

Lighting Shop

Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

Upgrading or replacing interior lightfixtures has become a very popular home improvement project for manyhomeowners simply due to the fact that this type of improvement isrelatively inexpensive and can have a beneficial impact on theappearance of their homes.

Starting a business that sells interior andexterior lighting products is a wise choice for a new businessenterprise. This sort of retail operation does not require a lot offloor space and as a method to reduce start-up costs you may evenconsider forming a joint venture with an established retailer in yourcommunity.

Good matches for this type of retailing alliance wouldinclude a furniture store or paint and wallpaper store. Also be sure toinitiate a direct-mail marketing campaign aimed at architects,homebuilders, and interior designers, as they can also become customersor refer their customers to your store.

Continue Reading

Retail Business

Collectible Clothing

Bring back the vintage and retro styles of years past with a collectible clothing store.

Entrepreneur

Published

on

Business At A Glance

Collectible Clothing

Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

The value and popularity of collectibleclothing has been on a steady increase for the past decade, and thedemand for collectible clothing from the 1940s to the 1970s shows nosigns of diminishing.

Starting a business that sells collectibleclothing from a retail storefront location is a fantastic businessventure to set in motion. The profit potential for a retailer ofcollectible clothing will vary based on factors such as operatingoverheads, volume of sales, etc. However, a markup of at least 100percent should be maintained, and a higher markup on rarer collectibleclothing items is certainly not out of line.

Continue Reading

Retail Business

Newsstand

Outdated, you say? In spite of online media convergence, classic print newspapers will never grow old.

Entrepreneur

Published

on

Business At A Glance

Newsstand

Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

In spite of the popularity of Internetnewsgroups and news Web sites, the good old-fashioned corner newsstandis here to stay. In fact, the arrival of the Internet has onlyincreased the public’s desire for information’electronic or print.

Starting a newsstand retail business requires getting in touch with oneof the many distributors that carry just about every kind of magazine,publication, and newspaper you can imagine, and so building allianceswith hundreds of publishers is not required.

Additionally, mostdistributors of publications in every form have a buy-back policy,meaning that once the publication is out of date it is returned andthere is no charge levied for it. The key to a successful andprofitable newsstand business is diversification; the business shouldalso provide customers with product selections such as lottery tickets,cigars, and snack items.

Continue Reading
Advertisement

SPOTLIGHT

Advertisement

Recent Posts

Follow Us

Entrepreneur-Newsletters
*
We respect your privacy. 
* indicates required.
Advertisement

Trending