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Understanding Retail Metrics
Running a successful retail business involves more than buying merchandise, marking it up and selling it. The information you get from your POS software enables you to analyze your operation, identify problem areas, and take immediate corrective action before it costs you a bundle. These reports contain the Key Performance Indicators (KPI) for your business.
Dispelling the green myths
As more people “wake up” to climate change we are seeing a lot of effort put towards starting to reduce our collective green-house gas emissions. Unfortunately however, there seems to be a lack of quantitative data being applied to many of these efforts, and consequently the media, individuals and business are often focusing on the wrong issues rather than putting the efforts towards combating the main contributors to our carbon footprint.
Business ratios
Business ratios are tools that help you in evaluating the current performance of your business.

Other problem areas Related Articles

PROBLEM SOLVING
It isn’t that they can’t solve the problem. It is that they can’t see the problem. The Scandal of Father Brown (1935). People differ not only in how much they worry, but also in what they worry. Quite often the way we see the problem is the problem. It would be helpful to start with self, your motivation, and what you were looking for.

QUALITY IMPROVEMENT - IT NEEDS TO BE EASIER THAN TYING A KNOT!
Think about the 80/20 rule. If you are going to get 80% of your results from 20% of the problem than narrow even further to 95/5 if you can. So when you institute a quality program focus on small areas that get big results. Why waste your efforts and money on anything else for right now.
Elements of a Sales Letter and What Makes a Good Headline?
The first step to write a good sales letter is to describe the problem: When people first reach your sales letter, you need to put them in the right frame of mind. Talk about their problem -- what you think has brought them to your page or email. Tell a story that empathizes with them, telling your personal story. Make the problem bigger, so that they feel like they need a solution. Every sales letter has a problem, that of paying for your product. You want to make their problem big enough, so that it's more worth their while to pay for your product than to suffer whatever problem brought them to you.
The 5 Components to Making Your Business “Perfect”
Recognition and a newfound focus on problem areas is the first step to giving your business a leg up on your competition. Learn how to test your company’s business concept using the following five major business components.
Leadership Starts With You!
Everything that is happening in a business is a reflection of the leader. Most leaders and observers will say that the problem is with someone else or with some department -- it is outside of them. However, if the leader looks closely at their own behavior, they will see the cause of the problem. Fix that and it will fix in other areas. The easy and pointless way is to sit and complain about events, people and things. Think about what you want to see in your employees and then be that first. If you desire your employees to be honest, reliable, committed and responsible; then look at yourself and see what you are doing. Look for where you can improve and watch what happens. Start with the belief that you are an excellent person, a great leader that deserves success. Then do these 4 suggested exercises each day to create success.
10 CEO's and the Impact They Have on their Sales Forces
I don't mean to paint a picture that depicts CEO's as the problem, but in some companies, they are the problem. In 9 of the 10 examples I described above they were the problem but unlike this article, it happens in only about 50% of the cases, not 90%. So if you are a CEO or know one, what should you do when getting help for your sales organization?
Beginner's Mind
Beginner’s Mind is an amazing way to prepare yourself to learn. Being able to let go of any suppositions and simply be a sponge is a gift beyond explanation. But we must also be selective when it comes to Beginner’s Mind. We all have expertise in some areas. And those areas often overlap with areas of Beginner’s Mind.
How the Economy Affects Your Brain
It’s a well known fact among the Mental Science community that chronic stress can actually alter brain anatomy. Stress (depression, fear, etc.) may cause specific areas of the brain to shrink in size. As the brain areas shrink, their functions (brain chemical secretions and electrical impulses) are altered. This anatomical adaptation to stress will ultimately affect how a person thinks, behaves, and reasons. In other words, changes in the brain due to stress, makes us less able to think of logical solutions to our problems. In addition to the irrational problem solving capacity produced by stress, the actual brain cells will change according to your thoughts.
You Have to Get the Cows Out of the Creek First
The importance of recognizing that there is a problem to be dealt with and the three most important steps to take to solve the problem, resolve the issues behind the problem and avoid any recurrence of the problem
Focusing on empty Spaces
Those of us who run businesses often are focused on problem solving. We focus on how things are not woring and attempt to make them work better. We look at the customers we are not reaching, or we look for the sales we are missing. And while we do this - we often miss the open spaces - the areas where an opportunity is just waiting for us.

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