Learn how to calculate gross margin for independent retailers with our step-by-step guide. Understand critical metrics to boost your profitability and business success.

Mastering cash flow is vital for creating a successful financial plan for your retail business. Cash flow extends beyond income statements, balance sheets, and payroll. Analyzing cash flow properly offers a powerful perspective, allowing you to see and manage the ebb and flow of cash in your business.

Discover how to keep track of your inventory by understanding key metrics and implementing strategic actions for growth.

The beliefs, attitudes, and perspectives of indie retailers to run a successful retail store for 5, 15, or 25 + years!

Open-to-buy is a strategy that aids retailers in making purchasing decisions. OTB calculates the budget for buying items by combining sales forecasts and inventory plans. Open-To-Buy aims to minimize expenses related to inventory and maximize the rate at which products are sold, resulting in effective retail inventory management. Learn more…

When you’re an indie retailer, understanding breakeven volume and how to reach it is essential for success. Your goal should be to maintain positive cash flow and increase overall profitability — after all, that’s what running a business is all about! To ensure your store has a profitable future, let’s…

Using the information from the point of sale system and retail analytics to grow a retail business for independent retailers.

OPEN TO BUY is a retailing concept and tool for retailers to invest their money wisely so they have more money in the bank instead of on the shelves. The process, when done well, allows a retailer to understand where their profitability will be at the end of a month,…