Independent jeans and denim shop

Local shoppers of all ages looking for a good fit, plus gift buyers and people who prefer to try on in person rather than order online.

Retail margin on each pair sold, plus extra from alterations and add-ons like belts, tees and denim care products.

• Eye for fit and style
• Buying and stock control
• Friendly customer service
• Basic bookkeeping

• Commercial lease terms, including length, rent reviews and make-good clauses, so get advice before signing
• Public liability and contents or stock insurance
• Cash tied up in stock, especially sizes and styles that don't sell
• Check with your local council about signage and any shop fit-out approvals
• ABN and GST registration once turnover reaches the threshold
• Staff wages, awards and workers compensation if you hire (check your state's rules)

Startup costs are typically estimated at around $40,000 to $150,000, depending on the premises, the fit-out and how much stock you buy. Cash tied up in stock is a big factor, so plan your buying carefully.

Monthly revenue is typically estimated at around $12,000 to $50,000, depending on location, brand range and customer numbers. That is revenue before rent, stock and other costs, and the estimate assumes about 40 hours a week.

Check your commercial lease terms, including length, rent reviews and make-good clauses, and get advice before signing. Also check council rules on signage and fit-out, insurance, ABN and GST registration, and staff wage rules if you hire.