Does anyone hear run a bookshop and fancy talking to me about it?! It’s a plan I’m currently considering... I’ve been looking at a building for sale which has housed an established bookshop for a good twenty years. As far as I can see the business itself isn’t currently for sale but I’m trying to find out whether they’d sell the assets (effectively the stock and equipment such as cash registers, fittings etc).
I’ve never run my own business but am reasonably knowledgeable about basic business principles...if anyone wants to share their experience (or just warn me off?!) I’d be very grateful! Obviously I’m in the process of getting in touch with the local chamber of commerce to see how they can help, but I guess what I’m looking to hear about are the particular challenges of running an indie bookshop nowadays. I’ve shopped in enough of them to know that the key is diversification and differentiation, but can you still make a profit even after all that?