Most retailers have a Point of Sale system (POS) to keep track of inventory, sales and customers. This has been a common practice in retail stores for the past 30 years. However, the data collected by your POS systems from…
Know What it Takes to Have Great People for your Business Apart from creating a marketing plan to attract customers to foster business growth, you also have to set up an objective and solid process to recruit the right people…
Wherever you go, from essential commodities to fuels and production costs, the existence of inflation is on everyone’s mind. The price increases are unpleasant for consumers and retailers since it challenges their budgets and business profitability, respectively. For retailers, price…
Entering purchase orders is one of the tasks most retailers hate doing. Just thinking about working on it is already exhausting, especially since most retailers want to be on the sales floor with customers. However, you might not realize that…
For retailers, the fourth quarter is considered the biggest time of the year. Is your company ready for it? Here are the five ways to finish the year successfully! #1 Craft your marketing plan Plan your marketing schedule not to…
Have you ever wondered why other retail stores excel in grabbing more customers while others do not? Why do their customers keep coming back? Your competitors might know their market well and how to keep them! Skip planning a business…
Align your Marketing for Brick and Mortar + Online Retailing One of the major goals in doing business is to meet and even exceed your customers’ expectations. As a retailer, you have to keep up with their developing buying preferences,…
4 Common Challenges of DIY Bookkeeping Typically, small retail business owners wear multiple hats in managing their business. Most of these retailers want to spend more time buying goods for the store and spending time with customers, but find that…
The Big Business Blessing you Might Not Yet Enjoy Many retailers worry that their data will be compromised if they allow others to access it. This is one of the many reasons business owners are hesitant to hire virtual assistants,…
Evaluate your Business’s Inventory Planning: Here’s a 10-Point Checklist Running a retail business is never easy. It demands your time, effort, skills, and everything you can offer to improve your store. Particularly in your inventory, which is the biggest expense…