Open a textile wholesaler for resellers

What you need:

• a high start-up capital
• a suitable company headquarters
• many employees
• good suppliers

Clarify the financing and find the location

• The first thing you need is solid funding for your business. Opening a textile wholesaler for resellers becomes very expensive because you have to pre-finance a lot of things, such as rent, salaries and goods.

• Talk to your house bank and ask about the requirements for a loan. But prepare a business plan for this, this will be required by your bank.

• Are you looking for a large physical store or hall for your company. Remember that you need a lot of space and a quick motorway connection is an advantage.

Find resellers and suppliers

• The most important thing is your potential customers, i.e. the resellers. You have to acquire these well in advance. Many of your customers will be small to medium-sized boutiques. Contact these stores so that they know that your textile wholesaler exists.
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• It is also important to have good and trustworthy suppliers. So get in touch with manufacturers and suppliers of textiles right from the start and negotiate good terms.


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Open the textile wholesaling

• When the location is in place and the preliminary negotiations with the dealers and suppliers have been concluded, then you still have to find the right staff. You can tackle a job posting at the employment office or at well-known websites such as Stepstone or Monster.

• Before opening, think about the requirements such as occupational safety, the requirements of the fire brigade and the public order office. Clarify with these institutions what there is still to be observed.