Retail
Let’s face it; you can’t compete with Wal-Mart. So don’t try. Learn about the retail industry and the tools used by successful small business operations to make a profit. Follow the best practices in retail and generate real value and reduce your overall stress.
The following articles are educational in nature and written to help the small business entrepreneur become successful in retail. The articles are lengthy in nature and so, as a reader, read slowly and absorb the information.
Value Investing Episode 1 – Introduction and Membership Program
FEATURE ARTICLES:
Retail Sales: There Are No Rules
What is the Difference between Markup and Margin?
An Explanation of Inventory Turnover
How are Cost of Goods Sold in Retail Determined?
Point of Sale System – Introduction
Inventory Management – Specific Identification Method