How to Start a Low Cost Window Blinds Retail Business

A retail blind business can be set up at relatively little cost. This business consists of visiting potential clients in their homes, measuring their windows and helping them choose fabrics from their sample range. When you take an order, you simply ship it to a blind manufacturer who offers a commercial supply service. They will make the blinds to your specifications and ship them to you. He then returns to his customer to put up the blinds and collect payment. There is no stock to keep as you are supplying bespoke products, custom made to your customer’s requirements, so you only buy stock when you have an order.

You should also expect to collect deposits from customers, which means you have to cover your purchase costs before placing your orders, giving you a very good cash flow situation. To start this business, you will need a variety of samples to show people. These can be purchased from a commercial manufacturer. Actually, you could ‘beg’ for some free samples, however, it’s much better to have professionally produced samples at least rather than scraps of fabric. A sample set can cost up to £200, however there are options available where you can get a starter set for around £50 and change it later as your business gets established.

You will also need some tools for assembly, a good drill, a hammer, screwdrivers and a small stepladder are essential pieces of equipment. Another thing to consider is how to promote your new business. Advertising in local newspapers works well; however, this will increase start-up costs. You can also print brochures and hand them out yourself as a low-cost alternative to getting started. Installing most blinds is a simple task and can be done by anyone with basic DIY skills. If you choose your commercial provider carefully, they should be able to offer you any advice and guidance you need on installation. In general, retail window blinds operate on a gross profit margin of around 40%, meaning you double your retail purchase price excluding VAT. With the right approach and marketing, you could expect a turnover of £100,000 plus a year.