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Starting A Baby Boutique - Business - Nairaland

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Starting A Baby Boutique by nasstil2(m): 11:22pm On Sep 25, 2012
If you are looking for good business idea, baby products are best option because every minute there's a baby being born. Meaning there are lots of opportunity for you to make money through it. The industry of baby products is one of the most profitable niches in the marketplace.

Baby boutique could be a fulfilling and profitable business especially if you do the right thing. Baby products are always in demand, so if you want a successful business this is the best idea.

Make a Business Plan

Business plan is the blue print of your new business, so make sure to create one that can support your endeavor. It is ideal if you can speak with a number of baby boutique business owners. It is helpful if you can able to study the industry and market as well as to determine the profit margins. You can also study if it is a typical store or online store. There are pros and cons on every types of business. Once you make a business plan, if you don’t have enough funds for starting a business, you can submit it to a certain financial institution or bank to acquire loan for your new venture. You can also choose to present this plan to small business association to get funds. If you need more funds you can discuss it with your family or friends or look for investors that are willing to finance you. Again, you need to present an attractive and plausible business plan so that he or she will be convinced to provide you financial assistance. Remember only your friends and family members will lend you money on your face but not anyone other than them will do the same.
Study the Market of Baby Products

While you are studying various baby boutiques within your area, be sure to take some moment and make list of the brands and types of products that they are selling. As you know, it is not a smart idea to sell the same products that are offered by other seller. However, contact a number of manufactures and discuss about your new venture and determine the cost as well as the relationship that you might have developed. Also it is ideal if you can determine the right product you will sell in your store.
Baby Products to Sell

Baby dresses
Feeding bottles
Crib
Safety Equipments for babies
Diapers
Baby Mattress
Baby Linens
Mittens
Caps
Baby socks
Stuff toys
Toys

Starting the Boutique

Now that you finally decided to open a baby boutique business, it is also significant if you can know if there are some licenses required by your state or city for you to run such business. Make sure to have an effective marketing strategy that can attract your customers, it would be great if you can design your store with attractive colors and prints that can attract the parents to go to your store.
www.netprowealth.com
Re: Starting A Baby Boutique by Fertilenigeria: 2:16pm On Jun 09, 2015
You can start boutique business with any level of capital starting from 20,000 Naira. This is because there are so many many areas you can specialized in. You can even start with tokumbo undies, handkerchief, etc. All you need is the idea and the need motivation to start this business. You can read you guide here on how to start a boutique business in Nigeria http://infoguidenigeria.com/how-to-start-fashion-boutique-business-in-nigeria/
Re: Starting A Baby Boutique by Nobody: 2:27pm On Jun 09, 2015
Re: Starting A Baby Boutique by imhere: 4:28pm On Apr 13, 2020
Selling of baby products is very lucrative in Nigeria. Look around you how many new born babies or pregnant women can you see?. Yet the business is not crowded, you can check this post to see how to start, capital for starting, what to sell...
https://www.enibest.com.ng/all-posts/business/how-to-start-selling-baby-products-in-nigeria/

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