Tuesday, May 13, 2008
Be a Better Owner Help with People Problems
Better Store Management Inventory Control; Open-To-Buy, Turnover
Quizzes & Challenges
Controlling Cash - Finally!
Turnaround & Recession Guides
Don't Worry; It's Only the Future
Understanding Financial Basics
Financial Tools & Tips
Sales and More Sales! We Need Better Customers!
GMROI - #1 Inventory Productivity Tool Win Over Your Bank
Retail Business Insights
Minimize
P&L Statements
Commonly, Profit and Loss bookkeeping systems list the myriad operating expenses alphabetically. That's a system to help the bookkeeper, not the owner. Retailers always should have expenses grouped and totaled by four or five main categories; e.g., Selling expenses, Occupancy expenses, Administrative expenses, Depreciation. And always have both Plan and L.Y. numbers right alongside. Now you're paying for a tool you can use to manage and control your business; it's no longer just for the I.R.S.


Find Your Retail Segment
Minimize
See benchmarks - and five year trend charts! - for the six key ratios every retailer must monitor. See how your store compares.


Privacy Statement  |  Terms Of Use
Copyright 2002-2008 The Retail Owners Institute ®