You've always heard it takes money to make money, and that's true! But for many antique booth owners, you can actually make MORE money by spending less at the start :)
The need to manage my inventory overspending is one of the BIGGEST lessons I learned over the years of running my antique booth business.
And I'm convinced that learning this principle--how and why you should budget your inventory spending--is one of the most important things you can do to help put more money in your pocket as an antique booth or small creative business owner.
This video is a longer one, but please stick around and watch the whole thing! The lesson builds and I think will make the most sense if you stick with me through the entire video :)
A HUGE thanks also to Neweer for sponsoring this video and providing me with one of their standing Ring Lights. It's amazing and will be so useful as I make more videos!
You can grab one for yourself on Amazon here:
https://amzn.to/3T17aTj
Thanks so much for joining me today-- I hope this video helps someone out there!
Melanie :)
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00:00 Intro & Ring Light Review
04:28 My experience from 10 years in business
06:45 Lesson #1-- Buy for the Business you Have
12:16 Lesson #2 -- Understanding the Profit Cycle
22:14 Three Steps to Take to Better Manage your Spending
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