Originally Posted by JayMcDenim
"In terms of in-stock inventory, it depends on a number of factors, but if you want to have a couple items in each size in stock, it will be fairly expensive."
Exactly my problem, I want my store to seem very exculsive in the sense that if you purchase a piece your not gonna see 10 other people wearing it, giving the buyer a sense of individualism. Say if I wanted 5 pieces of 20 different items, that's 100 items, would that be considerably more expensive than orering 100 pieces of one item because I'm not buying one product in bulk?
Keep in mind, companies have minimums to order. You might only want 5 pieces but you'll probably need to place a minimum order unless it is a very small company with lower ordering standards. Figure at least $10k at minimum. Companies don't want you to buy just one thing in their line. They want you to buy several if not the whole line. You can haggle a bit but it may be difficult.
The area I'm targeting is downtown where they have other shops, 3 or 4 but they are more traditional mens stores and sell suits or are completly urban (which works to my benefit). This would present them with a young yet modern and clean cut option. There is a large gay community which will definatly help me, however I don't want them to be my main demographic, I mainly want to advertise as the place "rappers" shop when it's time to grow up haha. They are used to wanting name brands and have an interest in lothing already, but when they go to college or university they are going to need to refine thier style and that's where I'd come in.
I couldn't see rent being any more than 1500 - 2000 a month, I really don't plan on opening a large store, a small premium boutique will be fine. Any info on POS systems?
Find a good library and you will be able to pinpoint your exact demographic (where they live, what they make, their hobbies). It is amazing how much info is out there.
Macs pos is somewhere around $2000 (I think) and it's called POSIM. Maybe a little bit more? $3-$4000?) Don't know what's out there for Microsoft (nor do I care