Things You Can Do Now To Improve Cash Flow and Profits
April 24, 2012 – 9:16 pm | No Comment

I’ve missed posting for a couple of months here. Sorry. It’s been a busy time with buying shows, year end financial planning and dealing with some internal issues. During this time I was going over …

Read the full story »
Inventory Planning

Keep your cash flowing by planning the sales, inventory levels and delivery times for each department.

Staffing

Labor costs can be huge for a small business. Plan what you can afford to pay people, then train them to do their job.

Cash Planning

The details of where the cash is going and how to make the best use of it.

Customer Service

It is, of course, people who buy things from us.

Featured
Home » Archive by Category

Articles in Headline

Things You Can Do Now To Improve Cash Flow and Profits
April 24, 2012 – 9:16 pm | No Comment
Things You Can Do Now To Improve Cash Flow and Profits

I’ve missed posting for a couple of months here. Sorry. It’s been a busy time with buying shows, year end financial planning and dealing with some internal issues. During this time I was going over …

Cash Flow Review for 2011
December 31, 2011 – 5:54 pm | No Comment
Cash Flow Review for 2011

The thing about cash flow is that it is dynamic. It is the life blood of a retail business. Even using the best tools you can’t predict tomorrow. So as the year turns over and …

Margin Call – Can you promote sales by giving away your margin?
September 30, 2011 – 6:40 pm | No Comment
Margin Call – Can you promote sales by giving away your margin?

You know, it seems like everyone is trying to get a piece of the small business income stream. I don’t know how it is for you but everyday there are people knocking on the door …

Working a Trade Show
July 20, 2011 – 5:26 pm | No Comment
Working a Trade Show

It’s trade show time around here. We’re choosing the shows that we are going to and how we are going to work those shows.
Trade shows can offer opportunities but they are costly and you are …

Building Strategic Vendor Alliances
June 15, 2011 – 6:53 pm | No Comment
Building Strategic Vendor Alliances

I don’t know about you but for us it is important to have strong relationships with our key vendors. Maybe because it adds some sense of security to know that there are some vendors that …

Updating Your Cash Control Tools
May 1, 2011 – 8:42 am | No Comment
Updating Your Cash Control Tools

Spent the last month looking under the hood at the financial tools I use the most. I have three that I use all the time and depend on. These three tools, The Open to Buy, …

Where is Your Cash Now? Do You Know Where it will be in 30 Days?
March 27, 2011 – 5:41 pm | No Comment
images gold coin

April is the start of our new fiscal year and for the last several months making budgets for the next year have been a major task. One of the most important ones is the Cash …

It’s the Holidays – Time to Spruce up the Old Gross Margin
November 23, 2010 – 9:55 pm | No Comment
It’s the Holidays – Time to Spruce up the Old Gross Margin

If your business is anything like my business, the holidays are the make it or break it time of year. From now to the New Year, the focus is taking care of the customer and …

The Goods Have Arrived – Time to Make Your Gross Margin Plans Happen
September 15, 2010 – 7:32 pm | No Comment
The Goods Have Arrived – Time to Make Your Gross Margin Plans Happen

Fall is an important time in our business. We have new fall merchandise arriving daily. It is the time to bring all the buying plans, sales goals and gross margin goals to fruition.
It’s kinda like …

Got Rules, Here’s How to Use Them to Lose a Customer
August 14, 2010 – 10:28 pm | No Comment
Got Rules, Here’s How to Use Them to Lose a Customer

If you are like most businesses you have some policies or rules that to help you run your business. They are necessary to running a good business. The policies could include whether your customer can …