Bridal Boutique Business Plan

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Position of Marketplace: The items in the bridal line will consist of basic styles in the low to mid-price range appealing to the Wisconsin client.

Megan's Bridal Boutique will develop a reputation for dependable service, fair pricing, and reliability.

Client Demographics: Some women will travel all over the state, or farther, to shop for their wedding gowns.

The majority of Megan's Bridal Boutique's clients will be limited to the areas surrounding Green Bay.

Sixty percent of couples currently living together will eventually get married.

What all this means is, although one would think the economy, general trends, and changes in society would have a great impact on marriages, there has been only a 1.5% change in marriage rates over the past 27 years.wiki How's Content Management Team carefully monitors the work from our editorial staff to ensure that each article meets our high How marks an article as reader-approved once it receives enough positive feedback.This article has over 103,151 views and 100% of readers who voted found it helpful, earning it our reader-approved status. If you love weddings and have a sense of style, opening a bridal salon can be a rewarding and lucrative endeavor.This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness.Together, they cited information from 14 references.I'm currently negotiating a lease on a very nice property of 1725 square feet.The rent on the space is only 5 per month plus approximately 0 per month for utilities.I will run the business myself full-time and hire sales assistance as well as a bridal alterations specialist. Monday through Saturday, with evening appointments available for brides and their parties. An accountant will take care of the necessary month-end work.The store has the potential of employing up to six full-time employees, estimating a minimum of three to start. Megan's Bridal Boutique will be located on Hubbard Drive.Brides to be and their wedding parties spend a lot of money on bridal gowns and wedding accessories for the special day.Brides will also travel to certain shops for the perfect gown, and the perfect shopping experience.