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Hiring and Training Successful Associates | Holiday Guide 2020

For many retailers, "managing people" is their weakness. You probably started your business because you love what you sell. Buying the merchandise and doing beautiful displays in your store is fun. Planning events and promotions and the marketing to go along with them lets your creative juices flow. You may even have an accountant or [...]

By | 2020-10-23T14:27:58+00:00 October 26th, 2020|Buying, Sales Training, Staff Development, Store Operations|0 Comments

Buy Right for the Holiday Season | Holiday Guide 2020

  For many retailers, buying is the “fun” part of the job, but it can be stressful. You probably got into your business because of your love of the product you sell. Picking out items that you love and putting them together in the store can be so much fun.  Then comes the hard part [...]

Get Up, Get Cute, Get Going!

  As a business owner, many of us feel like our business is our baby.  It is like one of our children to us; we have a profound love for our store(s).   Back in 2008, when sales took a downturn, I realized that the advice I gave to my daughters was what I needed [...]

How To Move Out Dead Inventory

Get rid of that stale, dead inventory, and plan your future purchasing through Gross Margin Formula! Have you ever asked yourself, "If business is so great, then why am I not making any money?" Maybe your accountant or tax return says you are making a profit, but it's not reflected in your bank account. This [...]

How To Calculate Your Turn Rate

Calculate your Turn Rate and plan your inventory for the rest of the year! Are you asking yourself, "How Much Inventory Should I have on hand Right Now to Make My Sales Goals?" Well, to fix this problem, you need to know your Turn Rate! Your greatest source of increased cash flow comes from increasing [...]