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10 Replies Last post: Jun 2, 2009 6:14 PM by RanksIntl

A single mom has a dream of a Boutique with high end Handbag

Jan 8, 2009 5:42 PM

Click to view cloptonashley's profile Professional cloptonashley 7 posts since
Jan 8, 2009
  • Hello My name is Ashley Clopton and i am a single momof a six month old boy, I am very determine to achieve the best Handbag Designer bags around! I have started my marketing and building of my business, I at the point that i need some operating cash to buy in bulk of the products, Than i need get my start-up cost to open the doors. Space to run my business storefront , manufacturing and warhousing. So i need some start-up funding and someone to belive in me and i will not let you down>
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Click to view Bridge's profile Mogul Bridge 364 posts since
Jun 3, 2008
1. Re: A single mom has a dream of a Boutique with high end Handbag Jan 9, 2009 9:32 AM
Ashley,

Will you be designing, manufacturing, or selling bags retail? That is almost 3 distinct businesses. Take some time to review what area you wish to be in and develop a business plan around that area - you can always expand into other areas later.

You local library should have some good resources about developing a business plan.

Best of luck,
Greg
Click to view cloptonashley's profile Professional cloptonashley 7 posts since
Jan 8, 2009
2. Re: A single mom has a dream of a Boutique with high end Handbag Jan 9, 2009 10:03 AM
in response to: Bridge
Thank you so much for some feed back! I want to also sell jewlery, bag, anything that a women could want from fashion to shoes!
Click to view LUCKIEST's profile SCORE LUCKIEST 7,938 posts since
Aug 6, 2007
3. Re: A single mom has a dream of a Boutique with high end Handbag Jan 9, 2009 10:41 AM
a Boutique with high end Handbag, Welcome Ashley.

Do you know about SCORE?? SCORE is FREE and can help you with the Business Plan.

Good luck, LUCKIEST
Click to view cloptonashley's profile Professional cloptonashley 7 posts since
Jan 8, 2009
4. Re: A single mom has a dream of a Boutique with high end Handbag Jan 9, 2009 10:58 AM
in response to: LUCKIEST
No i need help!!!!
Click to view cloptonashley's profile Professional cloptonashley 7 posts since
Jan 8, 2009
5. Re: A single mom has a dream of a Boutique with high end Handbag Jan 9, 2009 11:02 AM
in response to: cloptonashley
Oh and yes i know about Score!
Click to view spacemonkey's profile Mogul spacemonkey 31 posts since
Apr 30, 2009
6. Re: A single mom has a dream of a Boutique with high end Handbag May 1, 2009 2:09 AM
Hi Ashley,
Bridge said it right - there will be 3 aspects
  • You will need to design the products
  • You will have to make the products
  • You will have to sell teh products
Before you start you will need a business plan. Then you can work on your design. You need to know if you are going to make the products or hire a firm/company to make the products for you. Then you will need to advertise and sell.

My advice is to get a website and have a web based store (own site or an ebay store)
- For the website
  • you need to register a URL
  • design your webpage
  • have a payment gateway (paypal)
  • shipping and handeling service
Dont forget the trademarking, copywrighting and tax stuff. (use score for that)
Good Luck
Click to view puzzleman's profile Mogul puzzleman 293 posts since
Oct 11, 2007
7. Re: A single mom has a dream of a Boutique with high end Handbag May 1, 2009 8:12 AM
Ashley, If you are going to design and create your own handbags, a low cost way of getting started and getting face-to-face feedback would be to do art and craft shows on the weekends. This way you will have cash flow with minimal investment, build a brand or name for yourself, talk directly to possible customers and learn the basics of how to operate a small business.

this is how I started out.

Jim
Click to view spacemonkey's profile Mogul spacemonkey 31 posts since
Apr 30, 2009
8. Re: A single mom has a dream of a Boutique with high end Handbag May 1, 2009 11:47 AM
hi ashley,
I know producers for good branded (in leather) companies like armani, oliveira, raffaello, versace, etc so if you would like to strike a deals with them let me know. This is not in china etc.... as they have horrible quality.
Contact me and I will give you their contacts.
enjoy.
Click to view localshoppers's profile Mogul localshoppers 39 posts since
Apr 22, 2009
9. Re: A single mom has a dream of a Boutique with high end Han Jun 2, 2009 12:37 PM
My suggestion will be.

1. Start small and get at least few handbags designed and crafted. So you have few sample to give out and to show off.
2. Open an online store to get exposure
3. Post press release and get attention from news media.
4. Communicate with other local or online store to show case your products
5. You can even give away your handbags to Hollywood celebrity, which may bring your huge result

It will be easier to get investor and raise fund if you have something to show off and prove that you can turn your business into a profitable one.

If you really want to reach out big, a local store front may cost you more and generate less profit. Try online store first!

If you do have local store open, contact us. http://www.SmartLocalShoppers.com will help you promote your local business.
Click to view RanksIntl's profile Mogul RanksIntl 93 posts since
May 28, 2009
10. Re: A single mom has a dream of a Boutique with high end Handbag Jun 2, 2009 6:14 PM

Hello!

I love your goals and the fact that you have such a passion for success. I specialize in small business start up and expansion and I helped my mother to start up a business similar to what you are doing(thats actually how I got started). I would love to give you advice and maybe be someone to bounce ideas off of. If you have not already started one you are going to need a business plan to take to potential investors. If you would like to talk you can email me at renee.rankine@ranksintl.com