I have very limited experience and sorry to be the barer of bad news but I know boutiques are one of the most likely enterprises to fail and that it is very difficult to get a decent profit - likely to be at least two years before you see any kind of profit.
Thanks for your reply - do you know of any websites etc that I could get advice from. Do you mind me asking if you have opened a boutique yourself? Also what do you mean by decent profit?
Not a clue about websites but I am sure a google would find some suitable government related ones.
I did not open a boutique but a friend did and it took her at least two years to make ANY profit at all - they are significant outgoings in boutiques - rent, clothing etc. and it is a very competitive industry
My experience about failure is from family who work in banks and boutiques are notorious failures?!?!
This is only the cons of the business - there would be no shops if no-one made any money but it is probably a very cyclical business with lots of shops facing a very tough Christmas.
Best of luck with your decision.
I don't like to advertise for the competition but AIB have a good link on their site for setting up a business.