Economic warning signs mean it’s time to prepare for a recession. Here are four ways to start.
It means comparing certain reports to the performance of past years.
How inflation, exchange rates and freight charges will impact your business.
There’s no reason why you can’t improve your math acuity.
Check these areas to see if you can drop more to the bottom line.
You can mitigate your risk if you start with these queries.
It’s about breaking it into bite-sized chunks.
If you haven’t accounted for these areas, your holiday sales will suffer.
Keep the pulse of your business by checking these six figures regularly.
Be proactive rather than reactive to build teamwork and efficiency.
Achieving the correct balance will keep your business healthy and ready for growth.
What should a retailer do?
Those who augment their brick-and-mortar location with an online presence are winning.
There are just three factors to consider.
Beware these factors if you want to succeed in retail.
Not only can it keep costs under control, but it can measure staff success.
That goes for your social media as well.
Here are a few scenarios that can help explain it.
And why discounting may actually lead to more problems in certain scenarios.
If sales are slow to come, costs must be held down.