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👟 Business to open a children's shoe store
- A children’s shoe store can be called a business that is hard to get into a crisis. Because when it comes to spending money on children, parents forget about saving money, and despite all the confusion in the country’s economy, the demand for children’s shoes is growing year by year.
# Starting_costs:
- Place rent - $ 500
- Renovation of buildings - $ 250
- Sales equipment package - $ 2000
- Advertising - $ 300
- Business registration, obtaining permits - $ 150
- Purchase of goods - $ 5000
- Unexpected expenses - $ 200
Total: ~ $ 8400 initial investment required.
#Monthly_costs:
- Rent - $ 500
- Advertising - $ 150
- Utility bills - $ 50
- Depreciation - $ 40
- Salary for workers - $ 1000
- Taxes - $ 300
- Other expenses - $ 150
Total: ~ $ 2190 monthly costs available.
- If the monthly income is $ 4000, the net profit will be $ 1800. The investment is expected to be repaid in 5-6 months.