Where can I find out detailed information on how to open out a retail store? Question: I would like to break open a clothing store,

Question: I would like to break open a clothing store, but I need a great deal of info on how to do it, besides getting a loan. For example, how to process payments, how to do payroll, and etc.

Depending on your state, your local chamber of commerce or secretary of states office is usually especially helpful. Make sure you look into corporations status near your sec. of states office as all right. You may also want to talk next to an accountant and/or a business lawyer. rob your time and do your homework.

Check out the join below for a load of resources...

http://websearch.entrepreneur.com/cgi-bin/texis/webinator/newsearch/?pr=entrepreneur&query=open+a+retail+store

Answers:
in my queue of work I consult small business owners.

i am sorry if what I am about to inform you may seem cynical but i ask you to consider what i am saying:

it is really really tough to gross money in retail and the hours are long. if you look around your nouns and really pay attention you will probably see greatly of small retail locations change name frequently. it's because they went out of business.

surrounded by the past year, i own had 2 retails clients stir out out business and lose about $200k within total. even if you end up making money, retail stores are intricate to sell.

i commonly tell topical clients that starting a retail business is liking buying a unpromising job.

i realize nearby are exceptions but please do a lot of research since incurring debt or lease commitments.

best of luck to you!

The best routes to hold are to research the process of starting a business as well as the industry you're interested within.

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.

Associations may be a biddable avenue to explore as well. These organization will address many of the thoughts, question and concerns you'll inevitably have as all right as many you haven't anticipated even so. See the source box for some relevant links.

Research, research, research �C this cannot be stressed enough. Read as much as you can roughly speaking the industry. Here are some book titles that are relevant:

* Start Your Own Clothing Store (Entrepreneur Magazine's Start Up) by Entrepreneur Press
* Start and Run a Profitable Retail Business by Jim Dion, Ted Topping
* Retail Business Kit for Dummies by Rick Segel
* Specialty Shop Retailing: How to Run Your Own Store Revised by Carol L. Schroeder
* So You Want To Own The Store: Secrets to Running a Successful Retail Operation by Mort Brown

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that help! I wish you much nouns & happiness surrounded by all your venture! Source(s):
http://www.sba.gov
http://www.entrepreneur.com
http://www.startupjournal.com
http://www.nolo.com/resource.cfm/catID/9FA25870-14F1-4657-9778F19FB41FB93D/111/228/ -- Nolo��s Starting a Business �C Resource Center

http://www.entrepreneur.com/howto/retail -- Entrepreneur's How to Start a Retail Business Guide

Associations:
http://www.apparelsearch.com/retail.htm -- Clothing Retailer Directory

Articles:
http://www.ezinearticles.com/?Building-Retail-Business-without-Financial-Muscle&id=183125 �C Building Retail Business without Financial Muscle by James Little
http://ezinearticles.com/?Start-a-Small-Retail-Business-with-Multiple-Sales-Channels&id=28142 �C Start a Small Retail Business beside Multiple Sales Channels by Jacob Wren
http://ezinearticles.com/?Retail-Selling-Strategies&id=187370 �C Retail Selling Strategies by Donny Lowy
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