I have read your posts and you sound very excited about what you are doing! That is great! I have a friend who owns and runs a retail boutique here in VA. If you are interested i can put you in contact with her. She is a savvy business women and also an attorney. I also know she is a wiz at ordering and buying and wholesale, etc. She also plans on franchising her store.Let me know and i will get you two together. Her name is Joanne and I am sure she would be willing to help.
Inventory costs, are first determined by how much inventory you need. I`ve often thought the most difficult part of this, is to choose which products will sell, versus what products might sit on your shelves forever. The products that end up sitting on your shelves forever, are going to determine your ability to pay for, and order, more of the product that sells.
Thanks everyone so much for your help! Erin, I would love to get in touch with Joanne...it sounds like she would be a great resource, and I admit, the more resources and great advice, the better off I`m going to be.
Right now, the space I am looking at, is approximately 2500 sq feet.