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Become a Boutique Owner

By Everlin Wong
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Expert Author Everlin Wong

There are plenty of people that dream about owning their own business but very few of them will ever do anything about it. Pursuing your dream can certainly give you a level of freedom, both financially and in your lifestyle that is simply not available by having a regular job. There are a lot of people that are interested in owning a clothing store or other small shop that specializes in something in particular. In order to become a boutique owner such as this, however, some work needs to go into it to make sure that you are successful.

Aside from the fact that you are going to need to have a lot of paperwork in order before the shop is able to open, there are a lot of other things that need to be taken into consideration as well. For example, you need to make sure that you are focused on one area because that is really what opening one of these little shops is all about. In order to become a boutique owner, you really need to focus on something, although it certainly is possible for you to expand your focus to a certain extent.

Unfortunately, there is not a lot of information out there that is specifically engineered to help you to become a boutique owner successfully. There are a few courses that are available, however, that will give you the success secrets of a new boutique by giving you examples of others who've already started one. This is one of the easiest ways for you to find success, looking at those who have already found success with a similar business.

Something else that can really help you to be successful with your business is employing the proper tools. Ask anyone who owns a store and they will be quick to tell you that it is a lot of work and some of the things that you need to do are extremely time consuming. That is why it is a good idea to put as many of these time-saving tools to work for you in order to streamline the back end of your business. This is the part of your business that none of your customers ever see and if you are able to accomplish your work in a shorter period of time, you will be able to work on the front end of the store which is where your customers are located.

Another important part about how to become a boutique owner is understanding how to create excitement about the shop that you are opening. Whenever this is done only Internet, it is usually referred to as buzz marketing but many of these tactics can also be taken into the off-line world as well. Try to find out where your future customers already are and then target them, letting them know that you have a boutique on the way which is going to offer some very specific items that they would be interested in. Then you should always make sure that you take care of your customers every time they walk into your store and they will continue to come back again and again.



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Livin' Large in Small Boutique Hotels in Cornwall

By Landon Colins
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They pretend to hate the flashbulbs. They sulk, and pout when confronted with an army of cameras. But make no mistake about it: the Paris Hiltons, Britney Spearses, and Jessica Simpsons love paparazzi attention. It is the best brand exposure they can possibly get. It's free, relentless, and its right there on their doorstep - literally! That's why you will never catch these new kids on the fame block hiding out in small boutique hotels in Cornwall. No way! For these folks only the biggest, brightest, most visible hotels and locations in the world are acceptable. They're easy to find, and there's plenty of time to primp and preen in the elevator on the way down to the lobby. And if you're talent-free and live to have your picture taken, this is raison d'etre.

Mega-Bucks, Mega-Secrets
What about the truly rich and the truly famous, though? Well, they know what the rest of us should know but never concede, which is that nothing attracts a crowd like a crowd. When the mega-dons of old money see a crowd, they quietly lower the screen separating the back of the limo from the driver and casually instruct them, "One of the small boutique hotels in Cornwall please, Raoul." Unlike the Hiltons, Spearses, and Simpsons, they go where no one else wants to go and stay where no one else wants to stay.

Old Money Meets Old World
For the truly wealthy, there are few better options than the small boutique hotels in Cornwall. Why? Well, it's quite simple. Think of the top five - no, top ten - most likely places in the world to find a celebrity for publicity pickings. Does Cornwall feature in your list? No way. How about a top fifty? Or a top hundred? You'd have to go a long way down the list to get any idea about the privacy value afforded by the small boutique hotels in Cornwall. There's no way on Earth small boutique hotels in Cornwall will ever pop up all over the countryside like lambs in springtime, or be packed to the gunwales with movie stars, film directors, "gangsta" rappers, media tycoons, supermodels, and Victoria Beckham look-alikes. But on the other hand, if they did genuinely want to get away from it all, one of the small boutique hotels in Cornwall would be a safer bet than most. Discretion is the keyword for burying oneself and one's private affairs amongst the quaint rusticity of one of the small boutique hotels in Cornwall. After all, the misty heart of pastoral England is well below the glaring radar of paparazzi flashbulbs.

Comfort on a Publicity-Free Silver Platter
So what's the attraction? There are about as many different definitions of small boutique hotels in Cornwall as there are people who offer them. Generally, however, small boutique hotels in Cornwall are a small hotel with anywhere up to around 400 rooms. They are not a part of any chain, such as the Westin, Marriot, or the Hilton.

The small boutique hotels in Cornwall come with the promise of a rustic almost family cottage-type atmosphere, the feel of five-hundred-year-old oak panels, six-hundred-year-old Mahogany dining tables, roaring open fires in a stone fireplace that's six feet tall, retiring to the library, and savoring the taste of old port, ancient brandy, and fat cigars after dinner while reclining in the deeply buttoned leather armchairs once occupied by none other than the first duke of Tewkesbury in AD 1465. Oh yes, as far as shopping like royalty and keeping it hushed-hushed goes, you can't go to a better place than small boutique hotels in Cornwall.


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Luxury Holidays - The Boutique Hotels Way

By Darshi Chohan
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Many people planning their luxury holidays will assess the suitability of a hotel by judging the facilities on offer. This is not an unreasonable approach. Aspects such as variety of dining, assorted bars, spa, gym, and technology like internet access, plasma TV, and DVD, can help make a stay not just comfortable, but luxuriant. But there is more to the atmosphere of a hotel than a list of facilities. Boutique hotels tend to have all or most of these facilities, but what sets them apart from the more conventional top-end accommodations is the style and individuality of their presentation. This individuality will please travellers who like their holidays to be tailor made to their own tastes.

Style and Setting

Boutique hotels tend to be run on a smaller scale with fewer rooms than the grand hotels and large chain resorts. This allows a personal touch to be applied to the decor and furnishings. The Lan Kwai Fong hotel on Hong KongIsland is an example. The room furnishings are modern but blended with traditional Chinese accents such as exclusive statues, Chinese paintings and a unique artifact embedded on the ornate bed panel. Small details, you may think, but it's these touches of extra effort and expense that can make a luxury break distinctive.

Often it's this blending with the location that makes boutique hotels special. Similar to the Lan Kwai, the Bo Phut boutique hotel resort incorporates the local cultural heritage of its Thai backdrop, but with the Bo Phut it's more of an outdoors experience. You can appreciate the Thailand sun and surroundings from your villa's private garden, or from your own outdoor Jacuzzi. This is true of luxury holidays at the Taj Exotica resort in Mauritius, too. Each villa has an open-sided living area which leads to a stone patio terrace on the edge of your own private swimming pool. If you think that sounds decadent, you should know that it also features a 24-hour butler room-service.

Location, location...

Of course, the locations are essential to the success of these luxury holidays. Boutique hotels may take the form of exclusive resorts, or of quieter adult only resorts; some are even called 'isolated retreats'. Frequently 'off the beaten track', these tend to be the preserve of tailor made holidays and honeymoons - for those travellers looking for something special from their luxury holidays. And what could be more special than waking up on the beach?

But whether it's a one-of-a-kind, well-kept secret in a bustling city, or one of a few stylised luxury holiday hotels that harmonise with their tropical island settings, it's what makes them distinctive that makes them special. If you want your hotel to be an experience in itself, rather than just a place you stay, you should look into the boutique hotels' approach to luxury holidays.


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How To Open A Boutique - Tips On Opening A Boutique

By Brian Cliettte
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Here are top 11 tips on opening a boutique.

o Name your boutique suitable to what you sell. Opening a boutique with an attractive name surely attracts customers.

o Apply for small business license and other legal permits well in advance. This is crucial for getting power turned on when you start operating. Certain merchandisers also insist on legal permits. By opening a boutique with legal permits you would be able to buy your merchandise from suppliers who offer quality products at a low cost.

o Do a budgeting at the early stage itself. Estimate the startup cost and identify your financial resources well in advance. This will save you from financial pitfalls. Clearly know about the expenses and the resources from where the money would come from. If you try you can even find some investors to finance your boutique. You can even join hands with another partner who is interested in doing business together with you. Before opening a boutique complete financial planning and budgeting. This is the key to a successful start and a smooth running thereafter.

o Select a location where the foot traffic is more. You can even find a shop in a mall. When negotiating for lease, do not forget the duration.

o Fix your target market and cater to them. Before opening your boutique, decide whether you want to sell women's wear, men's apparel, kids wear or teenage stuff. Select a specialty clothes range and plan to sell them. Select from sports wear, formal wear, casual wear etc.

o Decide on the colors and sizes you intend to sell in your clothing store.

o Do not consider just one merchandiser. After analyzing a few suppliers and studying their terms settle for the best deal. You can buy your merchandise from more than one supplier if it is cost effective.

o Buy just the right amount of stock. This can be done by having an idea about market analysis and estimated sales.

o Decorate the interior of your boutique attractively. Attractive shops undoubtedly impress your customers. Be creative to design your window displays. Even just an onlooker should be tempted to step in your boutique. Opening a fashion boutique with an unimpressive and unattractive interior is a crime!

o Hire talented staffs. Your employees are the ones through which you communicate with your customers. So when opening a boutique, be sure to employ warm and friendly staff. Take a look at the past records of the employees and decide accordingly. You may also give some initial training to your staff to make them accommodate for your unique business. Also the staff should have knowledge about the fashion trends and have sense of style. They should be able to assist the customers on their selection of clothes.

o Grand opening is a must for a fashion boutique. Make an impressive and attractive start by spending freely on advertising. As far as your budget allows, you should give importance to initial advertising. Give creatively phrased advertisement of considerable size in local newspapers and magazines. This is how you would get to be known in the neighborhood.

That is all! You have opened your fashion boutique successfully. Good luck.


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Six Steps on How to Open a Boutique

By Everlin Wong
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Expert Author Everlin Wong

If you have made the decision to open a specialty boutique of one type or another, this article has been prepared for your assistance and consideration. Through this article you are provided six steps on how to open a boutique. Armed with this information you will be well on your way to getting your boutique business open and up and running in no time at all.

Step One

The first step that you will need to take when it comes to how to open a boutique is to consider seriously precisely what type of merchandise you will carry in the inventory of your boutique. You need to make specific choices and develop a specific theme for your boutique.

Step Two

The next step that you will need take when it comes to how to open a boutique is to line up reputable and reliable vendors and suppliers. You need to make certain that you always have a dependable and trustworthy source of merchandise for your boutique.

Step Three

The third step to keep in mind when it comes to how to open a boutique is to make sure that you decorate your space in an attractive manner that is appropriate to the type of merchandise that you will be selling through your boutique. You may be able to undertake this step on your own. However, you will also want to consider engaging the services of a professional when it comes to making sure your boutique space is appropriately and attractively decorated.

Step Four

The fourth step that will be part of the process of how to open a boutique is to develop an appropriate advertising plan to kick off your boutique's operations. You will want to make sure that you garner the attention of potential customers and get them into your boutique as you go about getting your business up and running.

Step Five

The first step associated with the process of how to open a boutique is to make sure that you engage the services of the best possible employees. Perhaps you will be a one person shop when you initially open. However, in this day and age, many individuals who go into the boutique business have at least one other person on their teams even when they are just starting. In any case, whether you have one employee or a number of employees, you have to make sure that you are serious about your hiring practices and that you work to ensure that you do create the very best staff for your boutique.

Step Six

Finally, you will want to make sure that you make your grand opening a true event when it comes to how to open a boutique. It is on your grand opening that you will attract the greatest attention to your boutique and you will want to make sure that you do this with flare and a bang.


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Opening a Boutique Store - What You Should Know

By Everlin Wong
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Expert Author Everlin Wong

Opening a boutique can be intimidating if you do not have enough knowledge to do it. That is why you should do a little research if you are planning to open clothing store business and you want to be successful in it. There are many things that you can do to make your boutique successful. Below is some information that will be useful for people who are just thinking of opening clothing store on their and for those who are already running their own boutique business.

o Before opening clothing store, owners should decide on what kind of clothes they want to sell. And you have to base your decision on your target customers. You can sell women's wear, men's apparel, and children's or teens' clothes. Anything is okay. Just make sure that they will be suitable for your customers' needs.

o Another tip that you should consider in opening a boutique is where you can buy your products. Some people who venture into opening a boutique can design their own clothes as well. But for people who do not know anything about designing clothes, it does not mean that we can't be a boutique owner. What we need to do is to find a reliable merchandiser who sells quality and affordable clothes. You can also hire a designer if you want. But you have to remember that this will add up to your expenses for opening a boutique because you need to pay for your designer's fee.

o Hire efficient staff. In opening a boutique, the people who will man your shop should be presentable and amicable. Nobody would want to go to a boutique store that has salespeople who look like knowing less about fashion-sense, not presentable (in another word, not trendy in their appearance) and who snarl at customers.

o Project your boutique store looks rather more "upmarket" than other fashion boutique in your area. People like to visit a nice looking boutique; and with "upmarket" boutique store selling affordable, and reasonable merchandise can raise an eyebrow - the chances for you attract more walk-in customers.

o Make sure you often have new stock in boutique store. Keep you customers updated with the new arrival of clothing via email, phone calls or short messaging services (SMS) and this will encourage them to revisit your boutique store more frequent.

o Rotate the displays in your boutique store - if you have some items less sellable, do not fix it at the same location. Be creative to do "mix and match" to give a fresh new look especially if you have many regular customers who visit boutique store often. You can set up a value buy section at the rear of the boutique store where you can sell off some "out-fashioned" products. Customers may find an endless supply of gems back there!! To your surprised, it can be one of the attractive for your customer to visit your new opening a boutique again and again!!


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Opening a Boutique? First Things First...

By Douglas Gargaro Co-Author: Suni Gargaro
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If you know (or think you know) exactly what you want your boutique to be about, with some idea of how to get there, then congrats. You are one very big step closer to manifesting your dream.

One "law of success" that is universally accepted, by people that have experienced success in any and all areas of life, is this: the more clear and specific you are about what you want and how you will get it, the quicker you will reach your goal.

On the other hand, your goal may be slightly "ambiguous". In other words, you know you want your own business. Even more specifically, you want to have your own boutique. You want to express your unique vision and creativity through your boutique and share it with others, while earning a good living.

But perhaps you don't know exactly how it will take shape. This is perfectly fine for now, and perfectly normal. Just keep in mind, you must define it, as concretely as possible, in your mind, on paper, in every conceivable way, before you begin to create it.

You need to be able to visualize what you are setting out to do, concretely in as much detail as possible. If you do not, what you end up with is being left to chance - and won't necessarily be what you want.

So, if your goal is "narrowed down" to something like "I want a really cute boutique with great clothes and a fabulous look and feel", you are not quite there.

That would be roughly equivalent to going to a restaurant and telling the server "I'm in the mood for a really good tasting main course with a couple of healthy sides." There could be a million possibilities for what you are served; with a good chance you won't like it.

So, like the title implies - First Things First. If you are least bit unclear on what your boutique will be about, you need to focus in and define it before you do anything else. So, take out a sheet of paper or open up a word processing document and get ready to brainstorm.

Before you begin your brainstorming session, take a moment to ask yourself a very important question, and give your mind a few moments to generate answers.

Ask yourself "what is my true passion?" Be ready for more than one answer, and there no rules or limits as to how many passions you have in life.

Your are about to create a business and a livelihood for yourself. As important as it is that your business targets a market with lots of profit potential, it is equally important that you base your business on a true love or passion in your life. You will be investing enormous amounts of time and energy into this - and life is too short to do that if it isn't going to be something you love.

1.1 - Exercise #1 - Brainstorming

Start out by taking a few deep breaths, clearing your mind, and become as relaxed as you can. Don't hold any stress, preconceptions, or anything else in your mind right now. Just let go and get centered.

If necessary, turn off the phone, put out the cat, go to the bathroom, get another cup of coffee, or all of the above, to ensure that for the next few minutes you will be uninterrupted and clear. Ok, are you ready? Of course you are, or you wouldn't be here.

Start writing down (or typing) any ideas that you have about what you might want to do with your future boutique. List industries, product types, specific product lines if you have any in mind. List themes that you are interested in (cultural, regional, specific product types, etc.)

Do you want to do fashion? If so, what age group? What style? Is it fashion from all over the world, or focused on a region like France or Italy? Is your theme Vintage? If so, do you feature second hand merchandise or brand new items that are retro? Do you want a children's boutique? Pets? Wine? Hats? Accessories only? Body and Spa Products?

(Keep in mind, later in the course, you will be analyzing your market to make sure that a market exists for your boutique, and if so, how big it is. But for now, no holds barred, just list anything you think you might be interested in.)

Keep building this list until you have absolutely every possible interest that you feel worthy of pursuing for your boutique down on paper. If you're ready to stop, it should be because you are staring at the page, cross-eyed, drooling, unable to think of anything else to write..;) Just kidding! Don't make it painful, just give it your best effort.

Okay, now take a few seconds to rest your brain, and then do...

1.2 - Exercise # 2 - Refine

Go back over the list you just made. Look at your rough ideas and start to hone in. Circle all of the items on your list that you know without a doubt you are interested in. Assign a priority to them, such as putting 5 stars next to those.

Then, start picking the next less interesting items, and give those 4 stars, etc. The point here is to prioritize your ideas from highest to lowest, so that you can see at a glance where your strongest interest lie.

This all may sound "lame" or "obvious", but once you do it, you may discover things are not as obvious as you think. Many times you'll discover that what you thought was most interesting to you simply just isn't, even though it was a few years ago, or maybe something occurs to you that you never gave a chance before, but now you realize you are ready to or whatever.

The point is, seeing things on paper really helps to clarify our thoughts.

Also, by writing things down and then going to the effort of prioritizing them, something else happens that is amazingly powerful - You are committing yourself to what is most important to you, which is key.

For some people this can be tricky. You may find that you are tempted to give everything 5 stars... but "everything" shouldn't have a priority level of 1 - unless your boutique is actually more like a swap meet.

In other words, chances are, you can differentiate what is more important to you, but it may take some thought and effort to do that. If this is the case, do not resist it. Take as much time as you need with this exercise to really hone in on your priorities.

This is basically an exercise in discovering, or refining, what it is you want from your boutique, which is derived from your greatest passions, interests and maybe even your deepest values in life. After all, what else should your boutique, your business, be than a beautiful, shining reflection of who you are?

1.3 - Exercise # 3 - Synthesize

Ok, by now your list is refined, and you have prioritized your ideas. The next step is to look at this supply of "raw material" and extract patterns or relationships from it that might define your boutique.

That is, you may be a single mom in her 30's that always loved fashion and you know very well that you want a cute clothing boutique. So "fashion" has 5 stars on your list.

But, you also love your children, and for that matter, you love lots of children, maybe even all children - or almost all ;) So, you may decide that your lifelong goal of having a fashion boutique is better expressed at this stage of your life as a children's fashion boutique.

And maybe "Italian" also had 5 stars, and behold, you just discovered that your real dream is to have a children's boutique featuring Italian designer fashion lines (and one of those exists in the Little Italy district of San Diego, my home town.)

That's what I mean by looking for patterns. Literally, you can do what is called a "mind map" By drawing lines connecting one of your high priority items with others that feel like they "belong" together, until you have clusters of 3, 4 , or 5 characteristics, hobbies, or whatever.

What should be emerging now are recognizable "themes" that with a little more fine tuning, could define your boutique.

1.4 - Exercise #4 - Crystallize

Just like the name sounds, this is where you take a few deep breaths, and a mental step back from the previous 3 exercises, and allow your boutique's theme to crystallize. In other words, you are about to decide what your boutique is going to be "all about."

You started reading this article knowing you wanted a boutique. You may or may not have had any clear idea beyond that what it would look or feel like. By now, you should be on the verge of knowing exactly what it is you are aiming for.

If you don't know, or are feeling confused or doubtful, or simply having a hard time figuring out what you want to focus on, just relax. Go back to the previous steps and redo any or all of them as necessary to help clarify your priorities.

If necessary, stop at this point and take a day, or however long you need to clear your mind, and come back to it with a fresh perspective. On the other hand, don't take too long, or make this too difficult. Deep down, you know what you want, even if you're the type of person that has a million different hobbies and interests (like me.)

Okay, maybe your just coming back, or you've worked through to this point. Either way, it's decision time. This is your "moment of truth." Take a look at your "clusters" of priorities and see what stands out to you, what seems like it translates to an obvious theme or image that you would love to develop into your boutique.

Maybe it is casual clothing for young people, or high fashion for 40-somethings, or whatever. Don't kill yourself analyzing it, just discover what your boutique will be, identify it, and then take out a fresh piece of paper, or start a new word document file, and write it down.

More specifically, you are going to write in no more than 3 sentences (one is better) what your boutique will be all about. Something like "To offer the healthiest, most exquisite bath, body, and beauty products from Italy." Or "To provide unique, fashionable clothing for professional, upwardly mobile women."

This can be called a "focus statement" or a "mission statement". It's not so important what you call it, but it is very important that you do these series of exercises, even if you modify the details or the order in which you do them. The point is, you are mentally focusing your efforts, defining your image, and creating a "snapshot" of what will ultimately be your business - so don't cut corners here.

1.5 - Your Focus Statement

If you haven't done so already, take this moment to write down your focus statement.

Congratulations! You just reached a major milestone in making your dream a reality. You took what once was only an idea, mixed up with lots of other ones, randomly swimming around in your head, and you brought it into a physical, structured existence on your page.

As silly and simple as that sounds, there is actually a profound and powerful concept working behind it. On a basic level, your dream has just taken its first step in the process of "materializing" and "manifesting" (i.e. moving from the world of abstract ideas, to the concrete, material world.)

(You may be very excited at hearing this, or you may have no idea what I am talking about. Either way, it's okay, but trust me - this is more powerful than you may think.)

As you proceed through the steps involved in opening a boutique, your focus statement will effect many of your decisions, and it will play an important role in creating your business plan down the road.

Also, your focus statement will have the effect of tapping into your subconscious mind to work for you "behind the scenes", helping to guide your efforts and lead you to the right resources as you progress.

If you got all the way here (i.e. you worked through the steps in this article) my recommendation is that you stop and come back to the material tomorrow. This will allow your subconscious mind to do its work. When you do come back, you will be refreshed and ready to start working on the naming your boutique and lots of other stuff. Again, congratulations!


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Important Things That You Should Do Prior to Opening a Boutique

By Everlin Wong
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Expert Author Everlin Wong

Opening a boutique is a bit challenging especially if you know nothing about it. If you plan to start a boutique, then you are required to do a little research about it so you will have a chance to succeed. Prior to opening a boutique, you should also keep in mind a lot of considerations. These considerations include the kind of clothes that you want to sell. You should know the kinds of clothes that are sure to be a big hit at present. When it comes to deciding the clothes, you have to determine your target customers. The kind of clothes that you have to sell should be dependent on your target customers. You can have women's wear as the main product line of your boutique if you decide to use women as your target market because they are the ones who are greatly interested in fashion.

Prior to opening a boutique, you should also consider the sources of your product. If you have a talent in designing clothes, then you can design your own products. However, if you know nothing about designing, then you have to choose a reliable merchandiser who offers quality and affordable clothes. Hiring a designer can also work perfectly well for you. However, this step is proven to be very expensive. It is because you are required to pay a designer's fee.

Efficient and effective staff should also be considered before opening a boutique. Your boutique should have highly capable employees who have the expertise to assist you in operating your business. Hire people that know how to deal with customers. Through this, you will have a great chance of succeeding. Remember that the success of your business somehow lies on the competence of your employees. If you have incapable employees, then there is a great chance that you would fail. Employees who also know how to perfectly deal with customers can attract more people to your business.

Remember that the more friendly and approachable your employees are, the more customers will come running at your business' doorstep and patronize your product. These things should be greatly considered before you ever open up your boutique. You have to put in mind that the fashion industry continues to grow and with millions of aspiring boutique owners at present, tight competition can be expected. Because of this, you have to consider a lot of things prior to starting your own boutique to ensure that you will obtain an edge despite the fierce competition.


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Tips to Open a Boutique With Small Capital

By Everlin Wong
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Expert Author Everlin Wong

Do you want to open a boutique of your own which you have been planning for but you do not have enough money? The solution to your problem is here. By reading this article, you will know that opening a boutique stores is not as expensive as you thought it is. There are so many ways on how you can save money. Here are some tips to get your business started with a low capital.

o Open a boutique can be cheap if you know where to buy cheap wholesale clothes that are of good quality. You need to spend as little money as possible in buying your products. However, you should not compromise style and quality to save money.

o Another money-saving tip to open a boutique is to be a jack-of-all-trades. If you have a lot of talent and skills such as designing clothes, accounting, sewing, selling, and so on, you can do all of these by yourself. This is only applicable for new and small businesses. This will be difficult for a big business that requires many staff and workers. And once the money start rolling in, you can start hiring staff and employees.

o If you have supportive family members and friends, why not hire them as your staff in the first few months or weeks of your business? Ask them if you can pay them less than the regular salary for what they are doing and tell them that you will pay you back once you business starts to grow. Open a boutique is not just a money making idea but could also be a way to strengthen and build relationships. Open a boutique will not put holes in your wallet as long as you do these very helpful tips.

With the end in mind to source capital to open a boutique, there are important message to avoid traps in your funding.

Freshly minted business owners are typically major risks for lenders because they lack business experience, collateral to secure the loan or both. If you are getting help or investment from family or friends, please don't be disappointed if they turned down your request. We must understand that nobody are interested in losing their investment. You can't blame them for not wanting to take a risk on a venture without reasonable probability of return.

At the same time, you need to be careful for having too many lenders or investors - one of the hazards of securing financing from multiple sources is managing too many relationships and expectations. It takes time away from your core business. These not-so-silent partners may have conflicting interests or demands and the consequences can be devastating.

This is particularly true when you raise money from friends and family. One boutique owner I know borrowed money from seven or eight relatives to open her own store. The business was successful, but there were perpetual battles over how the profits should be distributed. The arguments couldn't be settled to everyone's satisfaction, so the boutique was forced to close.


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How Desperate Are You for More Tips on How to Open a Boutique Store?

By Everlin Wong
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Expert Author Everlin Wong

Investing your hard-earned money into a profitable business such as a clothing store or a fashion boutique is a great idea especially in this day and age when employment opportunities are scarce and entrepreneurship is the trend. Here are some tips that can guide starting entrepreneurs on how to open a boutique store.

Start with what you can manage. Starting small does not mean you are setting your goals low and starting small does not necessarily mean that you are not aiming high. Know the extent of what you can handle when it comes to the extent of your investment. Consider the number of stores or outlets that you can manage if you are planning to set up more than one boutique. Assess how many employees can you actually manage and find out how much you can handle when it comes to the merchandise that you want to market. All these must be considered when exploring on how to open a boutique store. Making the mistake of biting off more than what you can chew can make you a confused entrepreneur and lead to a disaster.

Choose a good store location. Never to be forgotten when it comes to tips on how to open a boutique store or any store for that matter, is making the correct choice of a good location. How much traffic goes through your store matters a lot. Make sure that your store is highly visible and that it is located in a place where you are likely to attract more clients. At the same time, be at a place where you will find your target market. If your boutique store focuses on the younger generation, then a good location would be near a university.

When it comes to asking experts on how to open a boutique store then most of them would most likely also tell you that you need to focus on a specific market and cater to their needs. Would you like your shop to focus on sporting clothes or formal wear? Would you like your shop to cater to the young professional or teen-agers? Whichever age group or market you choose, make sure that you stay on top of the latest trends. Do your research.

These are but three basic tips that you can follow on how to open a boutique store. There are several others that you will learn as you go along with the business. Innovation will help you stay on top.

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