Create A Performance Scorecard For Your Business

A performance scorecard is used to measure your progress with respect to achieving goals. Those business people that do it properly have a significantly better chance of succeeding in their marketplace.

Retail Break Even Analysis

This article will demonstrate how to calculate your break-even point of sales. It also provides real world examples of ways smart retailers can reduce their break-even points and level of risk.

Eight Techniques to Boost Profit in Tough Times

Some retailers seem to always manage to perform well. In this article David McMahon takes a close look at what those successful retailers do to cut costs during lean times and achieve maximum returns. Specific steps to cut fixed costs and make retail operations more responsive to cost cutting measures are examined.

7 Common Characteristics of Profitable Furniture Businesses

What are the characteristics that separate the best operations from the worst?

Are You Inventory Rich and Cash Poor?

Poor buying practices, supplier performance issues and insufficient attention to lean inventory practices are among the major causes of having too much inventory and too little cash.