Owning Your Own Fashion Accessories Store

<img class=”alignleft size-medium wp-image-1278″ src=”http://www.trendbusinessideas.com/wp-content/uploads/2014/12/Accessories-Store-300×238.jpg” alt=”Accessories Store” width=”300″ height=”238″ />If you’ve ever bought the perfect outfit only to realize you don’t have shoes, jewelry or a purse to match, you know the value of a fashion accessories store. The perfect dress or suit is not complete without proper accessories. Not to mention it is accessories that give you the ability to dress up or dress down the same outfit. If you are a fashion fan and are looking for a fun business idea, you should look into opening your own accessories store. You will need a bit of startup capital since you will need a storefront to showcase your stock of fabulous frills. Look around your favorite shopping center or look for an area that is calling out for accessories such as next door to a dress shop. Once you find a good location, you will need to buy some inventory. You should be able to find some accessories wholesale and may also be able to buy some items in bulk to receive discounts. As you make sales, you will be able to buy more items to display but having a good amount of stock to begin with will help get new customers into your shop. You should also consider how you will market your new business. Word of mouth will probably be your most important tool in getting people through your doors. Spread the word at local boutiques and other stores that could refer their customers to you. You could also take out a few ads in local magazines and in the newspaper. Once you know how you want to set up your store, you will need to hire a small staff to help you. Having a small trustworthy retail staff allows you to take breaks, visit accessory shows, and take vacations when you want to. If you love fashion, having your own accessories store could be the ticket to freedom and business success.

A Day in the Life of a Fashion Accessory Business Owner:

This article brought to you by Business Ideas! If you enjoyed this article, make sure to subscribe to theBusiness Ideas Newsletter to get ideas sent straight to your email inbox.Your day will begin by making sure your store is clean, organized and ready to open. You will make sure your staff is on time and aware of any new inventory. You will spend most of your day talking with customers and helping them to find the items they are looking for. At the end of your day, you will help your staff organize the store and prepare for the next day. You will also need to record the day’s earnings in your finance software.

About Your Customers:

Your customers will be individuals looking for a fashion accessory item for themselves or as a gift for someone else.

What You Need to Start:

  • Business plan
  • Marketing plan
  • Storefront
  • Inventory (shoes, jewelry, hats, etc.)
  • Staff
  • Business license and insurance
  • Computer with finance software

The Good:

  • If you’re a fan of fashion, you can do something you love all day.
  • You can sell items for much more than you paid for them.
  • You will get repeat business if your stock is high quality and your staff is courteous.
  • You have the freedom to take time off when you need to.
  • Helping someone find just the right item can be very rewarding.

The Bad:

  • Startup cost is relatively high; it might take some time to turn a profit.
  • At first, you will be spending every day at your store to ensure it is run properly.

 

 

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