Friday, February 10, 2012

Off-price Buying: Strategies and Pitfalls

When a store is able to procure off-price merchandise from a supplier, it can serve to generate several benefits.

New Technologies, New Risks

New technologies will come and go, opening new windows of opportunity for theft, fraud and loss.

The Importance of Proper Timing: Setting up Inventory Deliveries

Establishing ideal delivery start and completion dates for inventory orders can be just as important as price points.

Recognizing and Preventing Hidden Loss

While not classified as shrink, hidden losses are just as detrimental to the retailer’s bottom line as theft.

A New Year’s Retail Resolution

Every merchant should resolve to sell more merchandise more quickly each and every year.

Inventory Variance

Book and physical inventory should be monitored at the store and classification level. Several things can cause a disparity between these numbers.

A Thorough Year End Business Analysis Provides Educated 2012 Predictions

December 13, 2011 by Jaclyn Allard  
Filed under Finance, Management

Without proper analysis of your financial situation, new year predictions are nothing more than uneducated guesses.

What Small Businesses Can Expect During 2012 Tax Preparation

December 8, 2011 by Jaclyn Allard  
Filed under Finance, Management, Taxes

While tax planning changes frequently, small businesses can be assured of a few things this upcoming tax season.

The Power of New: Fresh Merchandise Means Better Sales

If over 30 percent of your inventory stock is old, you have a problem that needs to be addressed now.

Preventing Return Fraud This Holiday Season

Procedural review audits (PRAs) are an effective tool for systematically combating return fraud.

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