Last month we looked at the many liabilities you have as a cost of doing business.
The current reality for retailers is no matter what the size of your business, excess inventory is the current greatest pain point and risk for you.
And therefore your greatest opportunity to FREE up your cashflow. When inventory levels are high it can give you a false sense of security, and it is disguising the dangers that lurk beneath for the success of your business.
The impact of excess & aged stock inventory:
- Decreased cashflow & profit
- Lack of sales
- Impacts your growth and TIME
- Do not have the right inventory
- Do not have the cashflow to invest in the right inventory
- Do not have your ideal target customer
- You are sending the customer mixed messages
- You do not have free space in-store
- You & your teams' productivity
Q: What is the ONE thing you can do TODAY to address YOUR No 1 issue?
A: Do a stock count, or run a report to identify where your No 1 stock inventory issue is in your
business. Once you have this, a plan can start to be formed to address this issue.
Answers are always in simplicity, and sometimes we are just too close to it to see.
We have a proven strategy to acheive $25K in New Sales in 30 Days, by following our Stock Inventory Blueprint.
For more information contact michelle@retaillifesavers.com or call M: 0419 415 983 or
marcel@retaillifesavers.com or call M: 0407 400 251
