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How Independent Retailers Can Survive In The 21st Century
Tips for retailers trying to survive in the 21st Century.
How to Shape Up the Inventory when you have 5000+ SKU’s
The goal: NO EXCESS INVENTORY These days, independent retailers cannot afford one piece of excess inventory. Storage costs, insurance, pilferage, damage, depreciation, taxes and interest on loans add up to 30 percent annually to the cost of the goods you carry. Because those costs continue to rise, tight inventory control is still one of the best investments you can make - especially during the buying season.

Other independent retailers Related Articles

How to Shape Up the Inventory when you have 5000+ SKU’s
The goal: NO EXCESS INVENTORY These days, independent retailers cannot afford one piece of excess inventory. Storage costs, insurance, pilferage, damage, depreciation, taxes and interest on loans add up to 30 percent annually to the cost of the goods you carry. Because those costs continue to rise, tight inventory control is still one of the best investments you can make - especially during the buying season.
Emerging Technologies
Major retailers like Wal-Mart typically represent the leading edge in retail technology, but that doesn't mean small retailers should ignore these trends because "only the big guys are doing it"
Debits, the good kind!
Debit card transactions can be a bit of a mystery to retailers, since they are priced differently from credit card transactions. The industry lingo can be confusing and retailers end up paying too much to accept these payments.
Increase Your Sales by Using Independent Sales Representatives
* Why would I be interested in using Independent Sales Representatives? * How does using Independent Sales Reps increase sales? * How does an Independent Sales Rep get paid? * What are the other advantages of using Independent Sales Reps? * Doesn't the Independent Sales Rep add cost? * Can Independent Sales Reps serve as distributors? * Why don't all Principals use Independent Sales Reps? * How many lines should an Independent Sales Rep carry? * Will my Rep help build my business -- or just be an order taker? * How much commission is the Independent Sales Rep customarily paid?

Business Intelligence Gives Retailers Insight Into The Future
Wouldn't it be grand if retailers could have a way to predict the future of their business? Well, many retailers are doing just that.
Tough Times Demand Tighter Retail Security
Every retailer has a unique set of security challenges and, in the retail world, your security challenges never end. More retailers are realizing that using perimeter and anti-virus technologies alone are not enough. As someone once said, it's like locking your doors but leaving your windows open. Now retailers must take a lot more security measures. Here are some vital strategies retailers need to take for preventative measures against retail loss...
How To Widen The Gap Between Your Compensation Versus Your Value
Are entrepreneurs the only ones that own their own business? Everyone is really in business for him / herself, like an independent contractor. How you perceive the connection between the employee mind-set and that of an independent contractor is imperative. The independent contractor like the successful entreprneur, has a responsibility to maximize and deliver value. What can you do to deliver your assigned responsibilities with a new approach and be proactive with your talents in a way that creates maximum value? This article offer 2 key areas of focus for employees to increase your value, widening the gap between your worth and your compensation. Those are the folks who never get laid off, no matter what the economy is doing.
Is a climate of perpetual discounting limiting choice and eroding our quality of life?
Gerry Harvey, (Harvey Norman) was recently bemoaning the culture of discounting in our retail sector. He was saying that retailers had lost the plot and didn’t know how to sell real value anymore. He said they had fallen foul of a culture of constant discounting as the only way to attract customers, which was tantamount to business disaster and a degradation of the retail sector. I happen to agree with Gerry in this instance. He went further by saying that retailers were failing to find out what customers really wanted and what they really valued. He said retailers weren’t offering choice – a range of options of different value and therefore were not selling.

INDEPENDENT CONTRACTORS ATTRACT INCREASED SCRUTINY
Government agencies, running record deficits, look to companies' use of independent contractors as a source for increasing revenues. Business sees independent contractors as providing much needed staffing flexibility. Taxing agencies consider independent contractors as tax cheats and force business owners to become enforcers of government tax policy. This article explores the criteria businesses need to follow to avoid a finding that your independent contractors are actually employees resulting in assessments for past taxes, penalties, and interest.
Driving Retail Foot Traffic With Coupons And Free Stuff
Since the advent of the internet and online shopping, brick and mortar retailers have continued to lose more and more customers each year. The ease, comfort and privacy of shopping from home have made internet retailers some of the largest in the world.

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