Friday, November 21, 2008

"Retailers: Turn on Your Financial Headlights!"™                                                                            ROI Site Tour

Help Your Retailers - Partner
 Candy & Nut Stores

Compare Your Store
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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.


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Calculate Your Key Ratios
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Next Steps
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Current RatioGross MarginReturn on AssetsDebt to WorthProfitTurnover

candy and nut stores current ratio trends

Segments and Benchmarks Overview
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The Retail Owners Institute encourages retailers to monitor the trends of the key financial indicators of their store's performance.  Watching these key ratios can provide important early warnings of needed changes. 

Then, compare your store's performance to others in your particular retail niche. This can provide valuable perspective - and even peace of mind! - for retail owners.

Have questions about how to read these ratios, or what they really mean?  See The ROI's Financial Tools & Tips section.

Benchmark Performance Metrics for 50 Retail Segments

The ROI site displays key business performance benchmark data for 50 separate retail segments, from hardware stores to bookstores, to clothing stores, gift shops, wine stores, music stores, furniture stores, tire dealers, and more.  

On these Segment Pages, The ROI presents an Owners Dashboard of six key ratios that we have selected as particularly important for retailers to monitor. 

In addition, The ROI has charted and graphed the five-year trends of these six key performance metrics for independent retailers. 

The segments featured at The ROI reflect the definitions and designations of the North American Industrial Classification System.  Retailers may need to examine the benchmark numbers in more than one segment to get perspective on their own store's performance, particularly if their store does not exactly fit the NAICS category.



Books for Confectionary Shops
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Fledgling candy makers eye the retail...

List Price
$5.95

Our Price
$5.95

Retail Business Insights
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Retailers - Have Cash Flow Problems?
(Is the Pope Catholic?) Retailers never should be without a cash flow. You can do it on the back of an envelope.
There are just three components of cash flow control: Cash coming in. Cash going out. And, the difference. Tally these for each time period (week or month), and then the "running total", and you have your cash flow statement.
Now you can talk with your bank about a line of credit, because you can show when you can repay the loan.



 * Source: Risk Management Association Annual Statement Studies, 2007-2008.  www.rmahq.org

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