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 Know a business that has inventory that is sitting stagnant? How about a business that has a clearance corner or worse yet, a section of the business that is dedicated to items that have been marked down in the hopes of someone deciding to spend some money and give that item a home. This session will show just how expensive it is to hold onto dead inventory. It will also show how much more sales and profit could be made if that inventory were liquidated (liquidation ideas provided) and that money put into new areas of inventory that is selling. A free calculator from the Profits Plus website is used in the illustration and provided to participants so they can calculate the cost of holding dead inventory in their business. Powerpoint of "How much is that doggy in the window? PROFITS PLUS, FOUNDER OF...
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APRIL 2025
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With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.
Small Business
Have you ever said to an employee, "Do you know how much that costs"?
Their answer is no, and that could be a problem for your business. The April Small Business Advisory discusses sharing financial information.
Small Business
Some people are proactive; others are reactive. What do each say about your management style?
We look at a study of banks in determining if you are selling 5 to 1 or 1 to five. It is important to your business.
Who knew? Jay Z is more of an entrepreneur than a rapper. The book is, "Empire State of Mind: How Jay Z Went from Street Corner to Corner Office".
