Build the best retail business you can

¬†Why did you buy a retail business? Perhaps you bought your franchise because you really love the product. Maybe you bought in because you saw that there was a need for your products in your area. Maybe you’re just in love with the idea of owning a business?...
What does inventory to sales ratio mean?

What does inventory to sales ratio mean?

Having too much stock on the shelves means stock is going unsold, and your working capital is tied up in the unsold stock. Free up your capital by measuring the efficiency of your inventory by calculating the inventory to sales ratio. Ideally you want to keep the...