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Breaking the Bad Location Jinx

Stuck with a bad location? Here are some ideas for how to improve business no matter where you're at. What is it about certain store locations that can never seem to produce a winner? Is it because rents are too high? Is the location slightly off Main Street, not...

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What’s Trending for Retail in 2019?

Is 2019 finally the year when artificial intelligence becomes commonplace in retail? Will you be greeted in the weeks and months ahead by a robot at your neighborhood coffee shop? Probably not. Perhaps that prediction will come true in the more futuristic sounding,...

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How To Create a Budget For Your Business

"Let's just wing it and start our business without planning a budget." --Said no successful businessman or woman ever Suppose you have an extra few hundred grand to play with and you want to buy a business. And let's say that the business you decide to buy is based...

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Breaking the Bad Location Jinx

Stuck with a bad location? Here are some ideas for how to improve business no matter where you're at. What is it about certain store locations that can never seem to produce a winner? Is it because rents are too high? Is the location slightly off Main Street, not...

How To Prevent Shrinkage At Your Store

According to the National Retail Federation, shrink (or "shrinkage") cost retailers, on average approximately one and one-third percent (1.33%) of sales. If your store has $5 million in revenue, that's $66,500 in earnings wiped out. Ask for and check references Want...

What’s Trending for Retail in 2019?

Is 2019 finally the year when artificial intelligence becomes commonplace in retail? Will you be greeted in the weeks and months ahead by a robot at your neighborhood coffee shop? Probably not. Perhaps that prediction will come true in the more futuristic sounding,...

How To Create a Budget For Your Business

"Let's just wing it and start our business without planning a budget." --Said no successful businessman or woman ever Suppose you have an extra few hundred grand to play with and you want to buy a business. And let's say that the business you decide to buy is based...

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