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September 19, 2008

3 of Our Favorite Entrepreneurs Share Their Best Advice

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female business owners
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Katy Browning, 30, owner of Browning Frames & Prints Brooklyn, NY

HER STORY: I’ve worked in the high-end wholesale framing industry for over seven years framing artwork for art advisors, galleries, museums, and private clients. After finishing school in 2006, I found a space in Brooklyn Heights and fell in love with the storefront. I know very few female framers but I had worked for so many years not making much money yet observing how to run a business. I handle every aspect of the shop now from bookkeeping to taxes.

WORD TO THE WISE: Don’t become overwhelmed by your numbers in the first year and be careful not to overreact each month when you look at your total revenues. When I approached my first August, which tends to be slow in my industry, I became stressed out and unsure about how to handle the lack of business. But if you can just get through that first year, you’ll have a better idea of what to expect. Now, I’m prepared for August because I've accepted that it’s my slow month and it's ok—because I know what my busy months are too!

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