Justin Asked:

i know i need to have alot of money to start a business, i m wondering if theres any suggestions on what type of contracts i should avoid, what paperwork must i fill etc, my partner has been searching for stores in which are up for sale, the locations are pretty good, right in the middle of the elizabeth, i would need to know is, what cant i do after i have the store up and open or more less what shouldnt i do?

Reply:

You've got two issues here; let's tackle them one at a time.

RE: Clothing Retail Services

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

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 good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about 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.

RE: Starting a Business in New Jersey

I posted links for you in the source box pertaining to starting a business in New Jersey.

Hope that helps! I wish you much success & happiness in all your ventures!

Source(s):

http://www.sba.gov
http://www.entrepreneur.com
http://www.startupjournal.com
http://www.nolo.com/resource.cfm/catID/9… -- Nolo’s Starting a Business – 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-R… – Building Retail Business without Financial Muscle by James Little
http://ezinearticles.com/?Start-a-Small-… – Start a Small Retail Business with Multiple Sales Channels by Jacob Wren
http://ezinearticles.com/?Retail-Selling… – Retail Selling Strategies by Donny Lowy

http://www.state.nj.us/njbiz/s_check.sht… -- Starting a Business in New Jersey
http://www.nj.gov/nj/business/ -- The State of New Jersey, Business Pages
http://www.njsbdc.com/ -- New Jersey Small Business Development Center
http://www.state.nj.us/labor/BRCs.html -- New Jersey Business Resource Centers

 

logo I m saving up and would like to open up a jersey clothing, i would like to know what to do 1st?
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