Retail is a complex and challenging business, posing problems ranging from inventory management to theft prevention. When coupled with falling prices inspired by major retailers, like Amazon, and the rising costs of labor, there are a variety of pitfalls facing modern retail businesses.
With so many ins and outs to consider, now more than ever, effective management plays a critical role in retail success.
In this two-part blog series, we reveal the core principles and techniques you should apply to manage a store successfully.
Streamline In-Store Operations
Whether you know it or not, many of the day-to-day tasks that dominate small retail operations are based on old-school styles and strategies, like counting inventory by hand, creating manual schedules, and entering sales transactions one by one into bookkeeping software. While these methods can be useful, they cost you time that could be invested elsewhere. Continue reading