Fashion jewellery and accessories shop

Local shoppers, teens and young adults, gift buyers and passing foot traffic.

Retail markup on wholesale stock across many low-priced items. Takings depend on foot traffic and keeping the range fresh enough for repeat visits.

• Retail selling and customer service
• Buying and stock control
• Visual merchandising
• Budgeting around rent and wages

• Lease terms, bonds and rent increases, so consider getting advice before signing
• Upfront costs add up: lease bond, fit-out, initial stock, point of sale system and working capital for the first few months
• Public liability and contents insurance, plus workers compensation once you hire staff
• Check with your local council about signage and any shop fit-out approvals
• Register for GST when turnover reaches the threshold and set up a point of sale system
• Fashion trends change quickly, so unsold stock can tie up cash

Startup costs are typically estimated at around $50,000 to $150,000, depending on lease bond, fit-out, initial stock, point of sale system and working capital for the first few months. Check lease terms before signing.

Check lease terms, bonds and rent increases, and consider getting advice before signing. Also check with your local council about signage and shop fit-out approvals, insurance including workers compensation once you hire, and when to register for GST.

Monthly revenue is typically estimated at around $6,000 to $25,000, depending on location, foot traffic and stock range. Fashion trends change quickly, so unsold stock can tie up cash. Expect at least 35 hours a week.