Use this merchandise planning process to create a retail plan in 10 minutes! Yes, it’s true that inventory planning can be a pretty complex process, which is why we provide this service to our private clients using Management One’s formula and algorithms to predict a store’s merchandise plan with 93% accuracy. Inventory management is the second step of our Sales … Read More
BEST Inventory Management Software for Retailers
The best inventory management software for retailers (also known as Point of Sale Systems – POS) allows you to collect data so that you can reduce mistakes, improve your profitability, and so that you can know what to buy, how to make more money, and how to serve your customers better. Your inventory is your biggest retail asset and it’s … Read More
How To Start a Successful Retail Business
Have you wondered how to start a successful retail business? If you’re thinking of starting a retail business, keep reading! I 100% believe that the future of retail is bright – but no one dreams of starting or running a struggling business so read on as I tell you what it will take to have a successful retail start up … Read More
How to Make Barcodes That Work
We often get asked by retailers, do I need to use barcodes and if so, how do I make them?The answer is almost always yes! As a retail store owner, your biggest asset is your inventory and tracking and analyzing it properly is key to improving your profits.The easiest, but also most expensive, way to produce barcodes is to use … Read More
Retail vs. Wholesale – What’s the Difference?
I often get asked: Retail vs. Wholesale – What’s the difference between the two? If you’re just getting started with your business, and you’ve found yourself curious about the differences between retail and wholesale and which is right for you – You’re in the right place! While there are a lot of similarities between the two – They both revolve … Read More