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About James E. Dion
Expertise
Most questions about trends in specialty retail, how customers are changing both in the US and Europe. Demographics for all countries as they relate to retail trends and issues. Store Operations, Buying and Merchandising.

Experience

Past/Present clients
Microsoft, Harley-Davidson, Ritz-Carlton, Hummer, Ace Hardware, Coleman Spas, Aldo, Intel, Dell, Safeway, New Balance, IBM, Kodak, Bata International, Nortel Networks, Honey Baked Ham Co., Man Alive, Highsmith
B.S Chicago State University M.S. Chicago State University PhD (abd) Illinois Institute of Technology
 
   

You are here:  Experts > Industry > Retail Industry > General Retail Business Issues > i need help

Topic: General Retail Business Issues



Expert: James E. Dion
Date: 1/29/2008
Subject: i need help

Question
how will i go by starting my own clothing store financial wise?

Answer
Malcom,
It depends on what type of clothing and if you will be in a mall or storefront.  You can figure no less than $60,000 in cash to start, this is for inventory, store fixtures and equipment. It could easily run double this amount for a mall store.

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