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…
ROI
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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…
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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…
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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…
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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…
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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…
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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,…
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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.…
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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…
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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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