By now, if you’ve read the first two parts of this series, published in the September and October 2019 issues of Marijuana Venture, you have…
Tag:
ROI
This month, we continue covering the basic terms of retail financial management. Mastering these should make you more comfortable in discussions with your sources of…
Are you considering a multi-store launch? Opening additional locations? Testing a new retail concept? Launching a robust e-commerce site? Any one of these approaches to…
Selling just comes naturally to some people. They have a knack for discovering people’s needs, finding merchandise to satisfy those needs, then introducing more items…
We’ve all shopped at stores that have made such a bad first impression we’ve vowed they won’t have the opportunity to make a second. But…
What’s the best way to increase sales and profits? Sell more to your “best” types of customers! Today, it is not enough to have profitable…
If you want your employees to grow with your business, train them carefully and treat them right. No matter how well you watch cash flow,…
Since 60% to 80% of a typical retailer’s total assets are in inventory, it is essential that retailers know how their inventory investment is performing.…
Sometimes retailing doesn’t quite turn out as you had planned. Did last year fail to live up to what you predicted and budgeted for? Did…
As a retail owner, one of your primary goals is to boost profit margins. You know that good inventory management is essential to producing top-notch…
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