This is the critical recurring process of planning to move from where you are now to where you want to be. A small example might be to totally eliminate all inventory in a particular product group from a vendor. This Read more…
And all retailers may find different ways to market with virtual tools and to rapidly expand online strategies. The point is before you market what you are, you must know what you are. Then, it becomes a matter of telling Read more…
In a down market, they need business and will want to solidify their customer base. Ask for an early payment discount of 4% or 5% if your anticipated cash flow permits. These types of terms can put you ahead of Read more…
Exercising your thinking on the financial side of this picture should help you as you work “on your business” to change it to meet new market challenges. Third, once you have a foundation plan in place, adopt a strategy to Read more…
