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Setting Up A Fashion Business in The Philippines

Setting Up A Fashion Business in The Philippines

Learning how to start a fashion clothing venture may be ideal for small business owners who have a knack for clothing and fashion.

Boutiques are a popular way of starting out small, but you may not know just how to begin. Here are some things to consider before starting a clothing boutique.

Startup Costs

When determining your startup costs, you should come up with a business plan. Be thorough in including all costs that you can think of. This will help you better understand your operating expenses and turnover period.

Be realistic with costs and avoid cutting corners. Undermining your budget can become a huge issue later on when you require financing. For a typical store, startup costs can average between USD$25,000 to $70,000.

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