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calvin_wang · 25-07-2005, 02:34 AM

Hi, out of curiousity do anyone know how much they earn monthly from those etc. retail shops at bugis street, far east, those which are selling clothes.. etc..

FaTeD2DiE · 25-07-2005, 08:12 AM

Depend on the items you sell and the brand. Aprox 70+K?

calvin_wang · 25-07-2005, 10:56 AM

Example male/female clothes, targeted at teenagers.

memorieschc · 25-07-2005, 12:03 PM

I know of some friends who are selling clothes at these place. According to them, their main income would be in the month of Chinese New Year where sales will rocket to at least $50k per mth. Normally, per mth sales may only be enough to cover rental and salary. Not fantasic.

calvin_wang · 25-07-2005, 02:00 PM

What is the startup capital?

memorieschc · 25-07-2005, 02:13 PM

One of my friend started with ard $8k. Note that with $8k,u must be lucky to succeed as there will be no reserves and that means u cannot afford any biz mistakes. And have to make a profit during the 1st mth of biz already. Otherwise, u will be in trouble.

calvin_wang · 25-07-2005, 06:36 PM

8k? o.O i got 30k+ reserved to use. =) i guess i need alot of planning

WhatU1 · 25-07-2005, 06:49 PM

Look into ur profit margin.. Norm for clothins, maxi u cn prix is around 50% bcos mkt very competitive. Thn work out monthly expected minimum costs (rental cost, expenses, expected incidental costs...). Fm there do rough sum & calc how much sales u need to make in order to break even.. Norm due to sizes, sell thru rate for clothins is around 40%.. So work this into your stocks holding (that is sales = 40%, stocks holding = 100%).. U should get some figures in your head by then...

willfate · 25-07-2005, 06:52 PM

yap..they can only earn $$ if the stuff they selling is still in trend wif ppl mostly is teenagers !..however planning do hav to be taken place be4 being carry out as u canot predict how much u wan to earn as well how much u will lose !~~Destiny

clityu · 26-07-2005, 09:44 PM

Quote:

Originally Posted by WhatU1

Look into ur profit margin.. Norm for clothins, maxi u cn prix is around 50% bcos mkt very competitive. Thn work out monthly expected minimum costs (rental cost, expenses, expected incidental costs...). Fm there do rough sum & calc how much sales u need to make in order to break even.. Norm due to sizes, sell thru rate for clothins is around 40%.. So work this into your stocks holding (that is sales = 40%, stocks holding = 100%).. U should get some figures in your head by then...

u say stocks holding -100% ,care elaborate?

clityu · 26-07-2005, 09:45 PM

Quote:

Originally Posted by WhatU1

Look into ur profit margin.. Norm for clothins, maxi u cn prix is around 50% bcos mkt very competitive. Thn work out monthly expected minimum costs (rental cost, expenses, expected incidental costs...). Fm there do rough sum & calc how much sales u need to make in order to break even.. Norm due to sizes, sell thru rate for clothins is around 40%.. So work this into your stocks holding (that is sales = 40%, stocks holding = 100%).. U should get some figures in your head by then...

u say stocks holding -100% ,care elaborate?

calvin, ru solo or partnership, if can, pm me

25-07-2005, 02:34 AM	#1
calvin_wang Status: Member Join Date: Mar 2004 Posts: 314	retail? Hi, out of curiousity do anyone know how much they earn monthly from those etc. retail shops at bugis street, far east, those which are selling clothes.. etc.. __________________ Dont make love with others, make love with who you love.

25-07-2005, 08:12 AM	#2
FaTeD2DiE Status: Banned Join Date: Jun 2005 Location: East Side Age: 27 Posts: 208	Re: retail? Depend on the items you sell and the brand. Aprox 70+K?

25-07-2005, 10:56 AM	#3
calvin_wang Status: Member Join Date: Mar 2004 Posts: 314	Re: retail? Example male/female clothes, targeted at teenagers. __________________ Dont make love with others, make love with who you love.

25-07-2005, 12:03 PM	#4
memorieschc Status: Banned Join Date: Mar 2005 Posts: 133	Re: retail? I know of some friends who are selling clothes at these place. According to them, their main income would be in the month of Chinese New Year where sales will rocket to at least $50k per mth. Normally, per mth sales may only be enough to cover rental and salary. Not fantasic.

25-07-2005, 02:00 PM	#5
calvin_wang Status: Member Join Date: Mar 2004 Posts: 314	Re: retail? What is the startup capital? __________________ Dont make love with others, make love with who you love.

25-07-2005, 02:13 PM	#6
memorieschc Status: Banned Join Date: Mar 2005 Posts: 133	Re: retail? One of my friend started with ard $8k. Note that with $8k,u must be lucky to succeed as there will be no reserves and that means u cannot afford any biz mistakes. And have to make a profit during the 1st mth of biz already. Otherwise, u will be in trouble.

25-07-2005, 06:36 PM	#7
calvin_wang Status: Member Join Date: Mar 2004 Posts: 314	Re: retail? 8k? o.O i got 30k+ reserved to use. =) i guess i need alot of planning __________________ Dont make love with others, make love with who you love.

25-07-2005, 06:49 PM	#8
WhatU1 Status: Senior Member Join Date: Jun 2003 Location: Singapore Posts: 1,427	Re: retail? Look into ur profit margin.. Norm for clothins, maxi u cn prix is around 50% bcos mkt very competitive. Thn work out monthly expected minimum costs (rental cost, expenses, expected incidental costs...). Fm there do rough sum & calc how much sales u need to make in order to break even.. Norm due to sizes, sell thru rate for clothins is around 40%.. So work this into your stocks holding (that is sales = 40%, stocks holding = 100%).. U should get some figures in your head by then...

25-07-2005, 06:52 PM	#9
willfate Status: Unhyped Join Date: Mar 2004 Location: Destiny realm Posts: 17,033	Re: retail? yap..they can only earn $$ if the stuff they selling is still in trend wif ppl mostly is teenagers !..however planning do hav to be taken place be4 being carry out as u canot predict how much u wan to earn as well how much u will lose !~~Destiny __________________