About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Online Fabric Shop
Startup Costs: $2,000 - $10,000
About
Home Based: Can be operated from home.
Franchises Available? No
Online Operation? Yes
Add some texture to your business side with an online shop that's made of good material.
Business Overview
Option One: Develop a portal that brings fabric manufacturers and distributors together with fabric retailers via an online fabric directory website. Worldwide there are thousands of fabric manufacturers and fabric retailers, thus an exciting opportunity exists by bringing these two parties together to buy and sell fabric. Revenue could be earned by charging both fabric manufacturers and retailers a fee for using the directory service. You could even create a password application that would enable both to have their own online warehouse, shipping center, inventory control, and tracking system. This type of website would be beneficial to both parties as it would enable them to do business online without the added expense of middlemen, sales consultants and costly marketing campaigns.
Option Two: Focus on the direct-to-consumer market by creating a website that features fabric for sale. Potential customers include hobby seamstresses, fashion designers, interior decorators and tailors. The site would be easy to create and could feature pictures and descriptions of the various fabrics you sell as well as a price list. Customers would select the fabric they wanted, add it to their shopping cart, make a payment and submit the order, all with a few easy clicks of a mouse button.
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About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
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About costs
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