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Retail Business

Linen Shop

This retail business requires an eye for detail and design.

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Business At A Glance

Linen Shop

Startup Costs: $10,000 – $50,000
Online Operation? Yes

Business Overview

Retailing towels, bedding accessories, andtable linens can be extremely profitable, especially when you considerthat these products are routinely marked up 100 percent or more forretail sales. However, like any retail operation, success comes tothose operators with an eye for detail and a habit for practicing soundbusiness judgment, and a linen shop is no exception to the rule.

Considerations prior to opening will include business location, localcompetition, methods of advertising and promotion, and all managementaspects including finances, employees, and inventory. On the positiveside start-up costs for this type of business are reasonable, as thereare few chattel and equipment requirements.

The bulk of availablestart-up capital can be used for purchasing moneymaking inventory. Forthe financially concerned entrepreneur, consider a store-within-a-storeapproach as a method to reduce start-up costs. Good matches includeexisting retailers of home furnishings and grocery stores.

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Retail Business

Fabric Shop

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

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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

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Retail Business

Patio Furniture Retailer

Attractive, comfortable furniture can turn a patio into another living space.

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Business At A Glance

Patio Furniture Retailer

Startup Costs: $50,000 – $100,000
Online Operation? No

Business Overview

All new decks and patios require one thingto complete them: patio furniture. A retail business that sells patiofurniture is a very easy business to initiate, as there are no specialskill requirements.

Patio furniture will pretty much sell itself,providing of course that the prices are fair and the quality isoutstanding. Worldwide, there are thousands of manufacturers of patiofurniture products, so securing a product line should not be difficult.

Additionally, consider stocking an inventory of locally made cedar orlog patio furniture, as traditionally wood patio chairs and tables havealways been excellent sellers. Marketing the business can beaccomplished by using all local print media, as well as by holding agrand opening sale to let potential customers know where you are andwhat products you stock.

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Retail Business

Secondhand Clothing Store

People love a bargain. Put your good taste to use by opening a used clothing store.

Entrepreneur

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Business At A Glance

Secondhand Clothing Store

Startup Costs: $2,000 – $10,000
Online Operation? Yes

Business Overview

There are a few options available to theentrepreneur considering a retail business that sells secondhandclothing. The first and most capital-intensive option is to open a usedclothing store from a fixed retail location or storefront.

The secondoption is to sell the secondhand clothing items via a flea-marketbooth. The third option is to develop a website and sell used clothingonline.

Of course, all three options could be combined into oneoperating format, and combining all three methods of marketing anddistribution would greatly increase potential business revenue. Thereare even a few companies that sell secondhand designer clothing by wayof home parties and independent sales consultants, which could also bea potential avenue worth investigating.

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