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Boutique

Report on [Small] Business Magainze

Clothing boutique (Halifax)

Rent: About $800 a month for 600 square feet

Construction and licences: $20,000 will get you a basic set-up with displays, mannequins and a fairly unique store identity

Staffing and insurance: You can pay close to minimum wage for a sales staff with no prior training

Initial inventory: About $75,000 to get going. Exclusive arrangements with designers can bring those costs down

Total start-up costs: About $100,000 for basic set-up and inventory

Where the money is: Trends come and go, but staples such as denim can provide a steady flow of sales. Signing an exclusive deal with a new designer can justify higher markups

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