How to Open a Discount Clothing Store. Discount clothing is very popular with people nowadays as more people do not want to spend loads of money on high end fashions. If you want to start you own discount clothing store and you are not sure how, then follow a few simple steps to open a successful discount clothing store.
Create a name for your store. Then once you have a creative name, work on a business plan. It can be a charity store with donations, or it can be for financial gain. Talk to your lawyer and accountant if you plan to open a discount clothing store and cover every angle.
Figure out if you will sell clothing for the whole family. Sometimes it maybe easier to concentrate on clothing for specific groups, like children, teenagers or women so you can develop a special market.
Pick a location where you want to rent or lease your store. High traffic areas are ideal, so you will receive many customers, especially on the weekends. Get your lawyer to guide you through the details of the commercial or business lease.
Decide if you want to supply the discount clothing items or if you want to do a charity donation store. If you want to buy discount clothing items, then you will need a discount wholesaler. If you want a charity donation store, then you need to collect donations from people.
Organize your store. Keep everything neat and organized, since it will increase your sales and your store's appearance. Buy hangers and clothing racks to hang clothes or figure out another way to display the clothes. Make sure everything looks clean.
Start promoting your discount clothing store once you have it all ready for customers. Advertise to increase business. Once you are ready and have put everything on paper with your lawyer and/or accountant, then start selling.
Put a sign out in front of your store on the street. Let people know about your discounts and your price range. If your store is a second hand discount shop, then you can mention it as well, since many people love thrift shops.