What Challenges would you face as a bookstore owner?

You would have to compete with rival book stores to produce the lowest prices for the best value. You would also have to order and manage a sales log that would keep track of the books you buy and sell. You would also need to advertise and make sure you have enough good books for people to buy from your store. You may also need to have security on your store in case someone tries to break in. It really depends on where you live.