supplies for opening a retail clothing store?
supplies for opening a retail clothing store?
I am considering opening a tiny neighborhood vintage clothing store or consignment shop. I chose this b/c the inventory is easy enough to get and doesn’t require me to go out and buy clothes, but rather use donations. My question is what are the basic supplies needed for running a small retail clothing store.:
What type of software is needed for the books?
Where do you get the equipment used for price tagging items (and what is it called?), what about the blank price tags?
Is there a cash register/scanner/retail software item all in one that I can buy? If so, where?
What about racks for clothing and display cases, isn’t there a place that sells these at a discount?
Any suggestions of other things I might need?
Best answer:
Hi. Best possible answer, SCORE it is a government run free program of retired professionals and CEOs who advise people who want to start a company. There should be an office locally. They are online, however you don’t always get a counselor in the field you desire who is in your state, therefor they won’t be able to help with local tax or retail laws, etc.
Now … donations, I am pretty sure you can not take donations unless you are non-profit. You have to pay at least . or something like that. You will need to research this well to avoid tax trouble. You could supply your inventory with goods from salvation army or other thrift stores, garage sales, etc.
In my opinion, quick books is fine for any small business.
You can buy the pricing tools in Staples or any business supply store. If you are buying one at a time, you can buy racks off ebay or craiglists fairly cheaply. Of course there are business supply wholesale chains which specialize in these items. Check your phonebook. Look for closing businesses and make them an offer, they usually throw them out anyway. This is all part of your expenses, which you will write off your taxes.
To get money for your business you will need a business plan, if you do not need capitol, you still need a plan! Please see a local SCORE councilor. score.org/
Good Luck!
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