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 Know a business that has inventory that is sitting stagnant? How about a business that has a clearance corner or worse yet, a section of the business that is dedicated to items that have been marked down in the hopes of someone deciding to spend some money and give that item a home. This session will show just how expensive it is to hold onto dead inventory. It will also show how much more sales and profit could be made if that inventory were liquidated (liquidation ideas provided) and that money put into new areas of inventory that is selling. A free calculator from the Profits Plus website is used in the illustration and provided to participants so they can calculate the cost of holding dead inventory in their business. Powerpoint of "How much is that doggy in the window? PROFITS PLUS, FOUNDER OF...
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MARCH 2025
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With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.
Small Business
Does it seem like you, as the owner or manager, are having to do everything yourself? The March Small Business Advisory points out ways to lessen your load; even the responsibility of hiring!
Small Business
People love entertainment. Is there something about your business that engages customers? Perhaps a part of the reason for growth in online and drive thru shopping is because the business does not know how to engage the customer.
If a person is going to sell their business, there needs to be a plan to do so. Perhaps the surprise is that there is a lot to be done before a business is offered for sale. The March Article of the Month is titled, "Game Over".
What are your strengths? What are your talents? You may think you know them, but the Book of the Month, "Now, Discouver Your Strengths" by Don Clifton can assist you in getting a truthful assessment. You may even find some hidden strengths and talents.
