Mar
19
How to Calculate Startup Costs for a Clothing Store?
When you're launching a clothing store, it's super important to have a handle on all your expenses. Think of "startup costs" as the initial chunk of money you need to get your business off the ground. These costs are crucial because they answer the question of ’’How much does it cost to start a clothing brand?’’ and how much you need to have on hand before you start making a profit.
Basically, there are two main types of expenses you'll encounter: fixed and variable.
Fixed costs are those that remain constant, no matter how many clothes you sell. Things like rent for your store or fees for your website fall into this category.
On the flip side, variable costs fluctuate depending on how your business is doing.
Check out: 20 Luxury Fashion Brands you Must Have in your Clothing Store