I am currently 29 years old and I own a retail clothing store We are going to be celebrating our first year in business Now on our first months opened, business was booming majority of the money that was made in the first months went directly back in the store for more merchandise and after 3-4 months it started to slow down it slowed down to the point where I had to take out my personal to make sure to get by Overall I know there will be good days and slow days in a retail clothing shop but It seems like there isn’t enough funds leftover and to be able to pay off the suppliers in full I don’t think I am over spending on personal stuff Any tips?
It’s slower everywhere now, try a giveaway on social media for more followers or do some Instagram ads in your area to get more business. There might have been a boom at the beginning as you were new, do you have contacts for all the customers that you can send a coupon to use $5 off if you spend $40 kind of thing?