Open a plus size clothing shop

Local shoppers who want to try clothes on before buying, plus people shopping for work outfits, weddings and special events.

Retail sales of clothing and accessories at a markup over wholesale cost. Alterations partnerships, gift cards and seasonal sales add to income.

• Retail and customer service
• Buying stock that fits your customers
• Managing money and inventory
• Visual displays

• Commercial leases often need a long commitment and deposits, so have a lawyer review the terms
• Check municipal business licence, signage and zoning rules
• Register for GST/HST once over the small supplier threshold, and check provincial sales tax rules
• Commercial general liability and contents insurance
• Winter weather can reduce foot traffic, so plan cash flow for slow months
• WCB/WSIB coverage rules apply once you hire staff, and vary by province

Startup costs are typically estimated at around $25,000 to $90,000, depending on your premises, the amount of stock you buy and how you fit out the shop and changing rooms. Treat this as an estimate, not a quote.

Monthly revenue is typically estimated at around $6,000 to $30,000, depending on location, stock range and whether you also sell online. These are estimates, and revenue is not the same as profit once rent and stock costs are paid.

Have a lawyer review lease terms, since commercial leases often need long commitments and deposits. Check municipal business licence, signage and zoning rules, GST/HST registration, insurance, and WCB/WSIB coverage once you hire staff, as rules vary by province.