It’s going to happen sometime. Your sales are going to drop. Maybe it will be a short time period or maybe a longer one. How do you cope?
This was a tough winter for those of …
Keep your cash flowing by planning the sales, inventory levels and delivery times for each department.
Labor costs can be huge for a small business. Plan what you can afford to pay people, then train them to do their job.
The details of where the cash is going and how to make the best use of it.
It is, of course, people who buy things from us.
The 10 Day Cash Report
Staying on top of how much cash is on hand and what the immediate cash needs are is a constant task for most small businesses. Sometimes it’s the ‘gotta have cash …
Cash flow management and taking care of your customer can seem like different ends of the retail or small business spectrum. If money is on your mind and you are worrying about how you are …
In the last post we talked about turn-over and using an Open-to-Buy book. This time we will add gross margin to the mix.
Gross margin can be talked about as a percentage and as dollars. It …
