How much funds do you need to open a sexy underwear store

How much funds do you need to open a sexy underwear store

How much does it take to open a sexy underwear store?This is the key issue when many people want to enter the underwear industry.In fact, these costs vary from the city, store area and inventory.But roughly estimate that these details may make you more confident when starting the plan.In this article, we will discuss the amount of funds required to open a fun underwear shop and the factors that affect the number.

1. Business plan: Analysis of the situation

Before buying any stock, it is best to formulate a business plan.Especially before opening a sexy underwear store, this is particularly important.Business plans can help you understand whether you have fully analyzed the market and have enough economic resources to support this business.The plan should explore a series of key issues on your business, such as target markets, products and services, competition analysis, marketing strategies and budgets.

2. Rent: Find the right store

Sex underwear stores can choose to open in different locations such as shopping malls, commercial streets, and the lease costs in each region varies from economic conditions in the region.The cost of rent is an essential part of opening physical stores. Stores with less risks in follow -up operating also require higher rent costs.Generally, the cost of rental underwear stores will account for 10-15 % of the total cost.

3. Decoration and renovation: make the store more attractive

An important question that you need to pay attention to opening a sex underwear shop are whether the shop is enough to attract customers.According to the location and the conditions of the leaser, some decoration and renovation may be required.The new store needs to carefully calculate these costs and ensure that the budget plan is properly formulated.Generally, the cost of decoration and modification will account for 5-10 % of the total cost.

4. Inventory cost: supply and storage problem

In order to allow a rack of a sexy underwear store to sell full goods, you need to build a list and order goods from the supplier.The inventory cost of sexy underwear includes costs, logistics, storage and management costs.These costs depend on inventory and commodity lines, and will account for about 20-35 % of the total cost.Therefore, the selected offline brands and suppliers will also affect these costs.

5. Employee Cost: Employment of the right employee

It is also an important consideration to consider how to hire a rigorous and experienced employee to manage sexy underwear stores.When the number of employees increases and the salary and benefits pay for employees, the cost of employee will increase.Generally, the salary and welfare expenditure of qualified employees will account for 15-20 % of the total cost.

6. Advertising and marketing costs: attract potential customers to enter the store

Another important point that needs to be done after opening the store is how to attract potential customers to enter the store.This part needs to conduct advertising and inventory promotional activities, and to drive passenger flow to the existing customers’ incentives. Social media marketing also needs to be carried out.Advertising and marketing costs usually account for 5-10 % of the total cost.

7. Leasing and insurance: guarantee items and safety in the store

To open a sex underwear store requires leasing and insurance procedures, including commercial insurance, taxation and other related documents.Insurance and rental costs are a cost that cannot be ignored, which usually accounts for 5-10 % of the total cost.

8. Website and e -commerce: Online marketing platform

Compared with sexy underwear store physical stores, online platforms also need to take into account a series of operating costs, such as website design, online payment systems, customer management systems, and other services related to e -commerce.The cost of e-commerce usually accounts for about 5-10 % of the total cost.

9. Overall budget: Summary of all expenses

After the adjustment is adjusted, the costs need to be calculated and calculated.Based on the cost of all expenditures and plan to ensure that the cost is always in line with the budget.Before estimating internal costs, it is recommended to adjust the overall budget for three to six months.

10. Conclusion: The amount of cost depends on the location and scale of the operation

Therefore, the cost of opening a sex underwear store will vary depending on the location and scale of the operation.With the correct business plan and transparent cost calculation method, it will help to ensure that your financial plan is executable.At the beginning, spend some time to formulate a detailed budget plan and analyze the source of each fee, and can also consult with professionals.As long as you clarify the cost of each part, you can make reasonable business decisions and open a successful sexy underwear shop.

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