60 Seconds With Gay Koran

by Clay Neely

alt

Gay Koran, Owner, Blue Moon Boutique


What inspired you to start your business?

I have been in retail my whole life. I was working part-time at the store across the street and I slowly and gradually bought into it and then eventually wound up running it by myself. It’s just what I do and I love doing it.

What has been the biggest hurdle you’ve faced as a small business owner?

Making sure I have all the brands that customers want, especially in a slow economy. Since I started doing this in 2008, it’s been amazing. I’ve been able to gradually build it up and slowly add more lines. I don’t mean to sound braggadocio but my sales have doubled every year since 2008. Right now, I feel that my biggest accomplishment was when TOMS picked me out of ten retailers from around the world for their catalog. I had people from Nevada calling me.

What would you say to someone who wanted to start their own business in downtown Newnan?

Think it through thoroughly. Start your business slow and gradually add to it with as little debt as you possibly can. Get help from some of the other retailers in town. I feel like we all work together down here even though we’re competitors. It helps to grow the business down here. Talk to other stores before jumping in with both feet. For instance, I’ll send people to other stores like C.S. Toggery who also carries Southern Tide. If I don’t have it, chances are he might. I’d rather sell it to you but it keeps people from going out of Newnan. I think that’s one of the best things about working downtown. What inspired you to start your business?

I have been in retail my whole life. I was working part-time at the store across the street and I slowly and gradually bought into it and then eventually wound up running it by myself. It’s just what I do and I love doing it.

What has been the biggest hurdle you’ve faced as a small business owner?

Making sure I have all the brands that customers want, especially in a slow economy. Since I started doing this in 2008, it’s been amazing. I’ve been able to gradually build it up and slowly add more lines. I don’t mean to sound braggadocio but my sales have doubled every year since 2008. Right now, I feel that my biggest accomplishment was when TOMS picked me out of ten retailers from around the world for their catalog. I had people from Nevada calling me.

What would you say to someone who wanted to start their own business in downtown Newnan?

Think it through thoroughly. Start your business slow and gradually add to it with as little debt as you possibly can. Get help from some of the other retailers in town. I feel like we all work together down here even though we’re competitors. It helps to grow the business down here. Talk to other stores before jumping in with both feet. For instance, I’ll send people to other stores like C.S. Toggery who also carries Southern Tide. If I don’t have it, chances are he might. I’d rather sell it to you but it keeps people from going out of Newnan. I think that’s one of the best things about working downtown.



More Business

Three smart year-end tax tips for 2014

In the financial hangover of the holiday season, many consumers are already wondering how to get back on track for 2015. However, it’s ... Read More


Business Briefs

DTH Expeditors wins 'Best of Atlanta' DTH Expeditors Inc., owned by Michael E. Winslett of Newnan, has been selected for the 2014 Best of A ... Read More


Local tech launches new business

Fifteen years after serving as the engineering design specialist for Arkansas State University, Greg Coldwell was in search of a fresh start ... Read More


60 Seconds With Amy Casey

What motivated you to open an olive oil/vinegar and kitchen gadget store? I’ve always dreamed of having a gift shop in a quaint town, ... Read More


Business People

Spancrete names Newnan manager Ken Boyns has been named as the plant manager at the Newnan Spancrete facility. The new plant, located in t ... Read More

Lovell Tree Farm continues to harvest tradition

When the Lovell family started planting and farming Christmas trees over ten years ago, they never expected to see the business grow to the ... Read More