Business At A Glance
Startup Costs: $10,000 – $50,000
Online Operation? Yes
Retailing towels, bedding accessories, andtable linens can be extremely profitable, especially when you considerthat these products are routinely marked up 100 percent or more forretail sales. However, like any retail operation, success comes tothose operators with an eye for detail and a habit for practicing soundbusiness judgment, and a linen shop is no exception to the rule.
Considerations prior to opening will include business location, localcompetition, methods of advertising and promotion, and all managementaspects including finances, employees, and inventory. On the positiveside start-up costs for this type of business are reasonable, as thereare few chattel and equipment requirements.
The bulk of availablestart-up capital can be used for purchasing moneymaking inventory. Forthe financially concerned entrepreneur, consider a store-within-a-storeapproach as a method to reduce start-up costs. Good matches includeexisting retailers of home furnishings and grocery stores.