Tuesday, May 13, 2008
Key Issues   »   Be a Better Owner    

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


"Yes, I want to become a Member of The ROI Because..."
Dealing with advertising
Half of my advertising money is wasted; I just don't know which half!
Reality check
I'm a student, and flunking out is not an option.
Next Steps
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How-To Articles for Retailers from The ROI
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Retail Owners: Where's YOUR Job Description?

What is the most overlooked and under-performed job in retailing today? Being the Owner! Owners have responsibilities that are separate and distinct from any other job in retailing.

In fact, failures in retailing today aren't caused by weak management or CEOs.  Most retail failures are traceable to weak Owners neglecting or over-looking their Owner-Only Responsibilities. read more ...
Should We Open That Next Store?

There's no one right answer, of course.  But here's a step-by-step process you can use for ALL of your strategic decisions.

Sound, solid management decision-making is a skill you can learn, practice and apply. read more ...


Members-Only Collection

Putting a Price Tag on Your Retail Business
The value of any business is not just the sum of numbers drawn from the financial statement. The value can vary dramatically, depending on the valuation method used and business and economic conditions. The basics of evaluating the worth of a retail business are not complex. The difficulty is in knowing how to apply them to your own unique situation. read more ...
How to Sell Your Store
You’ve finally decided to reap the rewards of all the time you spent building your successful retail business. You’ve determined it’s time to sell. To make certain your reward is adequate, consider these tips as you go through the selling process. read more ...
More Tools & Resources in the Members-Only Collection
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Learn Basic Retail FinanceYour Bookkeeper Quit?

TrainingNow. Learn Basic Retail Finance. At your own pace. 24/7.

The ROI's Short Course on the Basics of Retail Finance is an interactive, self-paced course. By retailers, for retailers. Learn how the income statement and balance sheet must work together. Learn how to do inventory buying plans (open-to-buys) at either cost or retail. Learn how to do a retail cash flow, one that reflects your buying plan.

Includes interactive content, self-quizzes, printable worksheets, extra how-to articles by retail experts, and a special case study: The I. M. Surviving(?!) Company."All you need is a little desire."
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What Do People Say About The ROI's Short Course?

Store Manager, Office Supplies:
"I found a lot of interesting and useful information in it for a person who runs a business.  Lots of additional knowledge they easily can get from it."
Owner/President, Outdoor Power Equipment Store
This is extremely helpful and worthwhile."
College Student
"It's fantastic."
Service Manager, Motorcycle Dealer
"It makes you think."
Sales Training Director, Convenience Stores
"Concise and to the point; very good for the folks I work with."
Internal Auditor-Inventory, Tractor Manufacturer
"This would give much benefit to our organization."
Owner/President, Apparel & Accessories Store
"Well done.  Easy to understand."


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Looking for growth?
Consider this: The greatest growth opportunity in retailing today is between the ears of the owner.


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