Tuesday, May 13, 2008

Better Store Management

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..."
Tired of not really understanding...
I hear the word "turnover", but I don't really know how to calculate it or use it.
A retailer's worst fear
I'm scared that my store(s) might fail.
Next Steps
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How-To Articles for Retailers from The ROI
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Taking Care of Business

Your retail business, like a garden, needs tending to grow financially strong. Just as water, sunshine and the proper soil help produce healthy plants, your store needs the right attention to ensure strength and maximize profits. read more ...


Rate Your Store from a Shopper's Point of View

AudioWe’ve all shopped stores that have made such a bad first impression we’ve vowed they won’t have the opportunity to make a second. But even if you consider yourself a critical shopper, you may have a blind spot when it comes to evaluating your own store. That’s why it’s important to step back and look at your store from a shopper’s point of view. read more ...




Members-Only Collection

The ABC's of Store Design

An often overlooked and underutilized strategic tool for retailers is the design of their store. The “theater of retail”—the art form of the total shopping experience—offers wonderful opportunities to attract and retain your best customers and to truly highlight your merchandise. To get you started, here are The ROI's ABC's of store design to help you maximize your retail environment.  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."



Finan Freedom
Retail Business Insights
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Might this be you?
We don't believe that we've ever known a retail owner who could work harder. (Their siblings, perhaps, but not the store owner!) Therefore, the premise behind The ROI is to assist retail owners in working smarter, but never harder.


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