Connect with us

Retail Business

Sleepwear

This huge market is one you should be able to cozy up to.

Entrepreneur

Published

on

Business At A Glance

Sleepwear

Startup Costs: Under $2,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

It’s a fact that more than six billionpeople inhabit this planet and the vast majority of people wear somesort of clothing to bed that was purposely designed for being slept in.That is one gigantic potential marketplace, thus creating an excitingbusiness opportunity.

There are various options available for startingthis business, so consider these options:

  • Purchase various styles of sleepwear on a wholesale basis and hostin-home sleepwear parties that generate orders for your products. Design and manufacture your own line of sleepwear and wholesale yourproducts to retailers.
  • Create a sleepwear website that enables visitors to create their ownsleepwear by selecting style, size and fabric.
  • Design and sell patterns used for creating sleepwear and let consumerssew their own from the patterns.
  • Secure the licensing rights to popular children’s program charactersor themes and incorporate them into sleepwear for kids.

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.

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Retail Business

Pawnbroker

Use your negotiating skills by opening up a pawn shop and bringing in second-hand goods.

Entrepreneur

Published

on

Business At A Glance

Pawnbroker

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

Business Overview

Pawnbrokers sometimes get a bad rap, andunfortunately it only takes a few bad apples dealing in stolenmerchandise to give the industry a bad name for all operators ofpawnshops. However, like any business venture, eventually the badbusiness operators will disappear and the good operators will flourish.

Starting a pawnshop business is a good choice as a business start-upfor a few reasons, such as no special business skill requirements,relatively low initial investment, and excellent profit potential.Furthermore, utilizing used product pricing or value guides such as theBlue Book take away any guesswork in terms of the wholesale and retailvalue of products.

The key to success for operating and profiting froma pawnbroker business is to keep all transactions legal, establish thebusiness in the right location, deal only in up-to-date merchandisethat has real value, and always practice good negotiation skills.

Continue Reading

Retail Business

Work Uniforms

Millions of people have to wear uniforms to work. Target this demographic by selling work uniforms.

Entrepreneur

Published

on

Business At A Glance

Work Uniforms
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Online Operation? No

Business Overview

There are a few options available when considering starting a business that retails work uniforms and work clothing. The first option is to establish a retail storefront location to stock and sell work uniforms. The second option is to establish a mobile business that sells work uniforms from a large van or delivery truck.

Both options have drawbacks and benefits in terms of the business. However, the second option of being a mobile retailer of work uniforms will be less costly to establish, as well as operate. The types of uniforms and work clothing that can be sold include work overalls, health-care uniforms and scrubs, fire and police service uniforms, and school uniforms.

Also stocking and selling specialized footwear, such as steel toe work boots, can earn additional revenues. Regardless if the business is operated from a fixed retail location or on a mobile basis, one of the main marketing tools required is a full-color catalog that features the work wear available for sale. You’ll want to distribute this catalog to any local businesses in need of your uniforms. You might also want to offer discounts on bulk purchases to influence businesses to choose you as their main uniform supplier.

The Market

Local businesses, people in the healthcare industry who must purchase their own scrubs, parents of children enrolled in schools requiring uniforms

Continue Reading

Retail Business

Used CD Shop

Share a love of cheap and legally-purchased music with your customers.

Entrepreneur

Published

on

Business At A Glance

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

Business Overview

If you love music, consider starting a used CD shop. The business can be established in a storefront location or alternately in a sales kiosk located within a busy mall or public market.

To initially establish an inventory of CDs for the business, place classified advertisements in the local community newspaper offering to purchase whole or partial CD collections.

Currently, secondhand music CDs are retailing for $5 to $12 each, and as rule of thumb, owners of secondhand CD shops mark up all products by 100 percent for retailing purposes.

Continue Reading
Advertisement

SPOTLIGHT

Advertisement

Recent Posts

Follow Us

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

Trending