Financial Planning for Retail Businesses

Retail businesses need to do financial planning to make their businesses grow. Financial planning entails coming up with an elaborate budget. Close monitoring of profits, sales, loans, and expenditure is paramount for a successful business. Comparing your previous budget estimates to the actual expenditure and profits will give you a clear picture of your [...]

2017-04-06T10:59:02+00:00 Categories: Retail POS|Tags: , |

4 Business Tips for Amusement Parks

Amusement parks are a place where families can enjoy spending time together and taking in the rides, shows and delicious food choices. While these modern marvels are truly a great time for anyone who goes there, it takes a lot of time and effort to own and operate one of them. If you own [...]

2017-04-06T11:06:27+00:00 Categories: Retail POS|Tags: , , , |

Watch out for these 3 POS buyer’s mistakes

Deciding on a new point of sale solution is difficult. I'd like to talk about some common red flags that you should watch for. When looking for the right POS system most people base their research on the following criteria: Features Obviously you want to narrow your decision down to POS solutions that fit your needs. After all, [...]

5 Simple Ways to Improve your Customer’s In-Store Experience

If you are in business, and you own a retail store, then you already know that there are other stores down the street or online retailers that offer similar products as you do and this means you're in a competition. This direct competition may lead to a bidding war that you can't always expect [...]

2017-04-06T11:10:08+00:00 Categories: Retail POS|Tags: , |

9 Common Mistakes in Retail Businesses

In today's society, businesses are very competitive, and even the slightest mistakes can lead to fatal consequences. Research shows that half of all retail businesses close shop in less than two years. Could this be because these traders are doing something wrong? Many people often blame the economy and online competition for their failures, [...]

2017-04-06T11:11:08+00:00 Categories: Retail POS|Tags: , |

How to gain retail sales from back to school marketing

Every back to school period presents opportunities for retailers to maximize their sales. However, the marketing techniques employed by a particular retailer dictates the success rate or otherwise. This year, it is expected that the back to school period will see high spending in comparison to last year; one of the contributing factor being [...]

2017-04-06T11:12:14+00:00 Categories: Retail POS|Tags: , |

4 Questions To Answer Before Starting A Retail Business

A new business is like the Olympics; everyone sees and celebrates the results and the glamour, but very few are aware of the sweat and sacrifice it took to get those results. When successful entrepreneurs in the league of Jack Ma open up about their journeys, we marvel at what sounds like fairy tales. [...]

2017-04-06T11:13:18+00:00 Categories: Retail POS|Tags: , |

10 Steps to Improve Your Retail Business

Retail business needs an aggressive strategy if the benefits are to be experienced. It is important that entrepreneurs establish business pathways that will inform decision making and hence impact the business by improving sales. It is only through systematic approaches that a business in the retail niche can scale and deliver what the customers [...]

2017-04-06T11:16:16+00:00 Categories: Retail POS|Tags: , , , |

What Makes a Winery Successful

Does retiring on your a vineyard with it's own winery sound good? And why not when it seems like every vineyard and winery in the country seems to be owned by a retired couple who have a similarly romantic tale: they fell in love with wine in some exotic and international wine country and [...]

2017-04-06T11:17:19+00:00 Categories: Retail POS|Tags: , |