License and Registration for Fancy Store Business
Friends, we live in a country where if we start any business, then for that we need to take some important licenses and permissions. Which are as follows. To start this business, first of all it is mandatory for you to get your business name registered or DBA certificate made.
Apart from this, you have to make Occupancy Certificate, Resale Certificate, Federal Tax ID for this business. After completing all these paperwork, you can start this business very easily.
Staff for Fancy Store Business
Well friends, you will not need much staff to morocco whatsapp data start a fancy store business, but if you hire one or two staff initially, then your work becomes much easier and if two or three customers come together, then you can attend to those customers very well.
Apart from this, if in future your shop becomes famous and more customers start coming to your shop, then in that situation you can also increase the number of your staff or it depends on you.
Also read: How to do bangles business?
You will not need much investment to start a fancy store business, but when you start a business, you will have to invest some amount for it. If I tell you roughly, you have to invest about 5 to 6 lakhs to start this business.
Then if the place where you are starting this business is not yours, then you can either rent or buy that place. In that case, your investment amount may increase a little.
Profit from fancy store business
Although the profit of a fancy store business is determined by the size and area of your business. The bigger your business is, the higher will be the profit, but if you want your business to make a profit in the initial stages, then you can easily earn at least ₹50,000 to ₹60,000 per month from this business.
But if we talk about the festival season, then the profit in your business can also increase a lot because fancy items are purchased a lot during the festival season.
Investment to start a fancy store business
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