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Clothes certainly make the man in this day and age. More and more men are paying closer attention to their clothes. If you have an interest in clothes and making people look great, then this may be the business for you.
Smart casual men's clothing shops have carved a niche for themselves and if stocked and marketed properly are enormously successful.
Typical customers are between 18 and 40, with some shops reporting a percentage of customers in their 50s. Buyers are usually men, although there are women shopping for gift items or accompanying their husbands/boyfriends. For the most part, men enjoy shopping in this kind of shop. They feel more comfortable picking out casual clothes rather than selecting suits.
Our guide provides all the information you will need to set up and run a shop in this competitive consumer market - everything from stock selection, through to sales and building customer loyalty, along with tried and true suggestions for running this business profitably.
All this and much more is outlined in this guide. It investigates market potential, what to consider when choosing business premises and location, what equipment you will need, what to consider when it comes to costs and stock, how to effectively operate your business and the tax and legal issues you should be aware of.
Remember, not only is starting a business a major life-changing decision, it is also a major financial investment. As a result, you will need to make sure you are fully aware of the commitment you are about to make and what is involved.
This guide will help you to arm yourself with the appropriate information. Information that is accurate, up-to-date and applicable to your individual circumstances.
| High net profit before tax | $152,000.00 | | Average net profit before tax | $97,000.00 | | Average startup investment | $130,000.00 | | Minimum startup investment | $75,600.00 |
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