FINANCIAL INPUT TO START A NEW BUSINESS
Initial Investment * : ₹10,00,000
Office requirement: 400 sq.ft.
Turnover to Break Even: ₹12,50,000
Gross Profit Margin: 75%
Typical Time Required to Breakeven: 6 months
Number of staff: 2
Running Expenses | Per Month | Annually |
---|---|---|
Workplace Rentals | ₹25,000 | ₹3,00,000 |
Staff Cost (2 staff) | ₹15,000 | ₹1,80,000 |
Sundry Expenses | ₹18,000 | ₹2,16,000 |
Advertisement & Mktg. | ₹12,000 | ₹1,44,000 |
Total Running Expenses | ₹70,000 | ₹8,40,000 |
*Initial Investment Breakup:  
Stock & Goods : ₹5,00,000  
Furniture & Infra : ₹3,00,000  
Deposit for rental place : ₹1,00,000  
Website, Branding & Launch : ₹1,00,000  
These numbers have been obtained by interviewing the owner of a boutique store in Pune. Your numbers may vary based on your location and other factors. If you want to start a bridal fashion business, you can also talk to a designer store owner. Simply scroll below to schedule your call.
Talk with Business Owners
Schedule a one-on-one call with business owners. Over a 1-hour call, have all your pressing questions answered before starting your business. Know the common mistakes you must avoid, understand current market trends and discuss customer acquisition strategies that you could adopt.
Business Owner : Chetana Punamiya
Chetana @ Pune runs a designer studio with the brand Creatorich.
Chetana has also been a fashion designer for the past 15 years.
Creatorich specialises in customisation of traditional wear and indo western wear. Check out their designs on instagram: @creatorichdesign. The website will be ready soon: www.creatorich.com.
Creatorich is a one stop shop for women as they design casuals, formals and traditionals. Chetana also provides gift hampers for different occasions and designs the bride's entire trousseau.
Next Availability :
Monday, 23-May-22 Between 12-1 PM
Wednesday, 25-May-22 Between 4-5 PM
Saturday, 28-May-22 Between 5-6 PM
Languages Spoken:
Per call charge :