It is important that you surf the internet for top best fashion websites which can be gotten online to get the latest trends in the fashion community. Fashion business is one of the trendy business spheres from which a significant number of Nigerians have carved out remarkable success. Boutique Business in Nigeria: How to Get Started A boutique business can be quite profitable especially if you work with ladies’ wear. You should also make sure you obtain the necessary licenses and permits from both the state and local government. Our Goal for the Clothing Retail Business Plan in Nigeria Setting up a clothing shop boutique is a profitable business here in Nigeria especially if you are dealing on ladies wears. The type of cloth, whether it is for female or male, old or young or even for children should be put into consideration. Decide on the type of cloth you want to sell and the audience you are targeting. For beginners with the right skill set, but without a lot of capital and business experience, here is a list of business ideas in Nigeria, I mean a lucrative business in Nigeria… Alara. Focus on a few simple strategies to help you get the word out there about your company. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Also choose a location where customers can locate you easily. From year to year and also changes with people’s perception. You need to have a simple sketch on paper on how your boutique will look like and the interior decoration you will use to spice up your showroom. 2. 1. Most importantly, you must enter into strategic alliance with other boutique owners in your area and other establishments. You can find many wonderful new items in the most unusual places. In order to reduce pilferage, think of using computer systems because they do help in reducing pilferage. Before embarking on a search for a rental space for your boutique. But simply don’t know where to begin when it comes to starting their own business. You can therefore, cash in on this and start a boutique business. Such as hair salons, barber’s shop, beauty shops, etc. In your business plan, you will need to state your goals, objectives, visions and mission statement. Excluding shop #1,000,000 can start a boutique business if you intend to capture all the accessories but 2 million will start it comfortably. July 16, 2020 Passionguy BUSINESS, MAKE MONEY 219 . Online platforms to advertise your fashion boutique business in Nigeria is through popular shopping websites like Konga.com and Jumia.com.ng. See also: 22 Tips to Sell Leather Products in Nigeria 1. You could also sell fashion wares for teenagers or babies. Owning a fashion boutique is the perfect way to overcome your fear of addressing crowds. Please note that almost all the data from your feasibility report will be included in the business plan. Is it exclusively male or only female clothing’s or unisex? Fashion Fix Boutique is a clothing shop provides quality female, male and kiddies fashion wears and accessories. As it is with every other business, it is very important that you prepare a business plan for your fashion boutique business. 21 Envogue Exclusive Shop 7/8 God First Shopping Mall, Jakande Estate Gate Isolo, Lagos Nigeria The online store was launched on … Boutique business is lucrative in Lagos. This is because there are so many many areas you can specialized in. E-learning platforms have been creating lessons focusing on this innovative mode of education. Better still, you will have a feeling of fulfillment and self actualization as you watch people appreciate your creative works. But if you plan to go versatile, make consignment offers to local designers from which you can get a cut of each sale. For example,... 2. If you are the shy type, this boutique business will force you to break out of your shell because there is no hiding place for you as a fashion entrepreneur. In fact, personal development is what you stand to gain as a boutique business owner; especially in the areas of negotiation, persuasion, sales, marketing, accounting, etc. You can as well create a website for your fashion boutique where you can market your business on line. The fashion industry is a rapidly changing one. Complete Guide — 15 Steps To Take In Starting A Boutique Business In Nigeria. Apart from the normal creating of flyers, pamphlets and other forms of advertisements, a good way to advertise your fashion business is online. After finding a good location, you need to choose a name for your boutique. Running a fashion business exposes you. Read Also: Biography Of Agbani Darego, Age, Early Life, Net Worth 19 Creative ideas on Boutique Business in Nigeria, 12 Steps to Start Boutique Business in Nigeria, Read on:12 Top Business Setting Plan in Nigeria, See also:Top 50 Food Related Business in Nigeria. 15 long-sleeved shirts at the cost of N1, 000 = N15, 000. Required fields are marked *. Man-made (regenerated & synthetic), Elastic, tapes and ribbons, Laces and lace materials. All these should also be included in your fashion boutique business plan. A unique fashion boutique name according to experts can help draw potential customers to your fashion business. You will also need to know the fashion brand that sells fast in your country or state. With a magazine, a book club, beauty products, and even her own TV […], 49 Ways to Open Business in University of Benin, Business in University of Benin: Many teens dream of money . Are you going to locate your boutique in an open market or in a specialized location? This is an advantage to an entrepreneur who understands the fashion needs and the trend in vogue. Fashion business is affected by season. Mind you that the name you choose for your boutique must be easy to remember; must be creative and above all, it must be brand-able. Add to Plan. But every time you try an idea it doesn’t come out right or just sounds plain silly? Being your own boss present you the freedom to do things your way and implement your own plans and ideas. Actually, you can start up this business with just N50, 000 and have an assortment of clothes. Boutique Business-: Despite the hardship that may loom in Nigeria, people just love to look good. However, you might wonder how to start a business when you’re young, as in middle school. If you are the shy type, this boutique business will force you to break out of your shell because there is no hiding place for you as a fashion entrepreneur. The business plan will outline the aim, short and long term goals e.t.c on how to run the business. And don’t forget to input a marketing plan and your financial projections plus risk analysis. Buy the necessary equipment you need to operate. That is why knowledge is fundamental to running a fashion boutique. Benefits of boutique business in Nigeria You can sell male and female clothes and it will increase the level of your sales. This factor is very important, but it depends on the amount of money or capital you are injecting into your business. And the wears that sell in a student dominated area may not sell in a region dominated by employed individuals. Children, men and women’s apparel increased by 4 percent and 6 percent respectively. You will also need to determine how much it will cost to open a fashion boutique. Ladies loves good clothing, shoes and accessories, it is not an exaggeration to say that it is a business you will fined very interesting. Now to choose a good fashion boutique name, you can try out these fashion business names ideas below: You can then proceed to register or incorporate your business. Your email address will not be published. 7. You probably may be asking, how much does it cost to start clothing business in Nigeria. They may as well take clothes from the store without paying and can as well give their friends clothing or an unwarranted discount. You need to … How To Start A Cosmetics Retail Boutique Business In Nigeria. Save my name, email, and website in this browser for the next time I comment. However, the nature of the business doesn’t exclude the gentlemen from embarking on this industry either. Emphasizing other holidays, like Valentine’s Day, Halloween. However, you might wonder how to start a business when you’re young, as in middle school. The disadvantage is that you may be stuck with merchandise whose trend is phased out. Nairaland Forum / Nairaland / General / Business / Selling Clothes In Nigeria – Boutique Business, Online Clothes Store (9634 Views) Pics Of An Ogun State Based Babalawo Who Advertises His Business Online Go Viral / Boutique Business With Startup Capital of 400,000 / How To Start Selling Clothes And Shoes Like Boutiques (1) […], 23 Ways to Build your Personal Business Brand in Nigeria, Build your Personal Business Brand : A personal brand is much more than just the products or services that you’re selling. You can then proceed to write a business plan. Choose a position and concentrate on it, draw out fashion boutique business plan in other to survive in the business. The only recorded disadvantage of running a boutique in Nigeria is its expensive nature especially when you are importing clothes from abroad. If you plan to specialize on the same type of goods, look for catalogs that carry the items you need to continually order. Note that the space may be on a rent or lease basis, it shouldn’t be too expensive and it should be at a wonderful location near other establishments your target customers often visit. The fashion industry is known for its constant change. Clothing retailers depend on the Christmas shopping period to break or make their year. Frankly, boutique business is one of the lucrative facets of fashion business and dozens of Nigerians are making waves with their boutiques. Looking good, they say, is good business after all. Customers sometimes feel that shoplifting is not really hurting anyone. And they always wonder what the best way is; to make your own business of course! A boutique is a small shop that you sells stylish and fashionable clothing, jewelry, shoes or other usually luxury goods. You can decide to sell female wears and accessories for women only or you can decide to concentrate on men alone. Chizoba is a seasoned Information blogger, content developer and the founder of Nigerian Infopedia. However, clothing is one of the three primary needs of a man, so if you are looking to start a boutique business, you have chosen to pursue a viable business. If anyone tells you that starting a poultry business in Nigeria is the hottest business in town, he is dumb. And they always wonder what the best way is; to make your own business of course! But is struggling when to get started? The project would require a start up capital of 1,334,000, made of N450,000 … Employees are likely to steal from the cash register. Will your boutique be well lightened by natural luminous sources such as sunlight or otherwise? 2. Boutique Business in Nigeria is a very lucrative business and requires little capital and dedication. What You Need To Start Up Boutique Business In Nigeria. Why did I say so? If you start your boutique is a very busy location, you can make as much as N20,000 profit every day. Decide on the type of boutique you want to start. It is as well difficult to return them for a credit to the distributors. You will also get to travel to many places in the course of sourcing for merchandise, marketing your products, attending trade shows, events and Expos, etc. Shop, Store. You will need to determine where the things you want to deal in would be sourced from. Now for those who are beginners or novice to the happenings in the fashion industry; let me share some statistics with you. With the impressive rate at which Nigerians demand fashionable items and accessories, we can safely assert that … The trends, styles and seasons changes so often in a shoe or clothing store that managing large amounts of unsold inventory becomes common. It is an especially attractive prospect for the ladies’. Your business where you can specialized in out right or just sounds plain silly a poultry in... 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