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 Buying is more than just selecting an item, deciding how many to order, and applying a multiplier factor to the cost to determine the price. The reality is there are eight key factors in getting that merchandise from vendor to customer. This session will explain how to maximize the effort with each of the eight factors. Sales will increase as will inventory turn, and markdowns will diminish as both the art and science of buying are successfully applied. Powerpoint of "The Science & Art of Buying for Profits Plus!" |
DECEMBER 2024
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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
Whose job is this, anyway? Have you heard that before? The December Small Business Article of the Month offers ideas from those who have found solutions.
Small Business
Past our announcement that the December newsletter starts our 26th year, we are discussing what is and what is not a problem.
Starting with, all these announced closings of retail operations is not a problem indicative of retail. It is an indicator of chain stores trying to correct the problems they previously made.
We came across a solution of tasks not getting done as well as tasks not done correctly. We created an owner's manual for our business. Details in the Article of the Month.
Atomic Habits by James Clear. Have you ever caught yourself saying that you had gotten out of the habit of doing something? Perhaps it is something you need to continue to do? This book can be applicable to personal and business life.
