Independent boutique shop for clothing and accessories

Local shoppers, gift buyers and visitors looking for independent fashion and a personal service.

You sell stock at a mark-up over what you paid. Regular customers, seasonal ranges and an online shop alongside the premises can all add to sales.

• Buying and choosing a range that sells
• Customer service and styling advice
• Managing stock, cash flow and shop costs

• Rent, business rates and lease terms, so check what you are committing to and whether small business rates relief might apply
• Stock risk, as unsold seasonal items may need discounting
• Public liability insurance, plus stock and contents cover
• Check the product safety and labelling rules for clothing
• Planning permission or change of use may apply for some premises, so check with your council

Estimates suggest startup costs typically around £8,000 to £40,000, depending on the premises, fit-out and opening stock. Check your rent, business rates and lease terms so you know what you are committing to before you sign.

Monthly revenue is typically estimated at around £3,000 to £15,000, depending on location, range and footfall. Estimates suggest at least around 35 hours a week. Unsold seasonal stock may need discounting, so choose what you buy carefully.

Check lease terms, business rates and whether small business rates relief might apply. Also check public liability insurance plus stock and contents cover, product safety and labelling rules for clothing, and whether planning permission or change of use applies, with your council.