The vintage bridal shop of your dreams is not too far off. There is a little bit of work to be done first. Go online to the SBA site and fill out a business plan. This is very important if you plan on getting financing for your business. Just answer the questions on the business plan, but make sure that you thoroughly check all prices and costs involved before filling this out. The next step is to check with a busines attorney to see what license you may need before you begin work. There may be a small fee for a retail sales tax number. Check with a business accountant to see what types of taxes you will have in your specific state as well as federal obligations.
Next you want to make final decisions on your initial wedding dresses or other wedding items that you would like to sell. These products will already be pretty much in your mind now, since you had to price them all for your business plan. Don’t go too wild, and stick to the business plan, any changes here should be minimal. As you are doing the business plan, realize that whatever the initial start up money amount is, that you need, you personally will need to come up with 25% or more money down yourself, before you can get a loan through the SBA or even your choice of a lender.
The vintage clothing and wedding items can cover any historical time period that is desired. Perhaps you will want to carry wedding dresses and items that will resemble the roaring twenties, or the victorian time period, luxury and sophistication bring out a charming style with many options here.
The fun part starts after you have picked your location and the utilities are hooked up and ready to go. Then it’s always a good idea to market by networking with other business people. Joining the Chamber of Commerce and Better Business Bureau, gives you credibility and gets your name out into the community.
Notify churches and post your business card on every business bulletin board you can find. Visit sororities and flower shops, cake shops and leave your business cards. You can offer their business cards when people come in to your shop as well.
Whatever you decide to offer in your vintage shop, it is all yours! Work hard and work smart!