Plus size clothing shop on the high street

Local customers who want to try clothes on before buying, plus people shopping for special occasions such as weddings and parties.

You sell stock at a mark-up on wholesale cost. Extra income can come from alterations partnerships, accessories, underwear and seasonal sales events.

• Buying and choosing stock that sells
• Tactful, welcoming customer service
• Managing cash flow and stock
• Visual merchandising

• Rent, business rates and lease terms are a big commitment, so check what small business rates relief might apply and get the lease reviewed
• Buying the wrong sizes or styles can leave you with dead stock, so start with a tight range
• Shop insurance covering contents, public liability and employer's liability once you hire staff
• Check consumer rights rules on refunds and faulty goods, and planning or change-of-use needs for the premises
• Check requirements for card payments, a till system and any shop signage permissions with your council

Startup costs are estimated at typically around £10,000 to £50,000, depending on the premises, fit-out and how much stock you buy. Starting with a tight range of sizes and styles can help you avoid dead stock.

Estimated monthly revenue is typically around £3,000 to £15,000, depending on location, stock range and whether you also sell online. That is revenue before rent, rates, stock and other costs, so check your margins carefully.

Check rent, business rates and lease terms, and get the lease reviewed. Look at whether small business rates relief might apply, any planning or change-of-use needs, consumer rights rules on refunds and faulty goods, and shop insurance including public liability.