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The right tools to fix the problem
Looking into the eyes of someone with severe depression can be quite confronting. In the past couple of weeks, I looked into the eyes of a man who was concerned about his business. Sales were low, profits and cash flow were tight and he worked very hard every day to turn things around. It seems…
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How often should you place stock orders with a supplier?
Suppliers generally have minimum order requirements which retailers need to comply with, especially if they want to sell their products at competitive prices. The supplier’s order requirements might include a minimum order value, a certain number of packs, boxes or pallets, or it might be that you need to order a full truckload or container…
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Buying Stock & Staying Under Budget
The ability to set, and stick to, a stock buying budget for your business, can be pretty simple. It should only take a minute or two to update each day and it should add tens of thousands of dollars to your bottom line over the course of a year, depending on your stock levels of…
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What if 44% of your stock gave you 1% of your transactions…?
Can you identify the stock that’s draining the life-blood out of your business? If 44% of your stock-holding gave you just 1% of your transactions and 6% of your annual profit… would you know about it? Would you be able to find those products? And if so, what would you do about them? In this…
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HNN:Can Indies take DIY back?
Source: HNN:Can Indies take DIY back?
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Women in Property Investing Workshop
As a property investor, I acquired over a dozen properties across Australia, valued in excess of $3m. My property investment experience put me in touch with many people who lifted me up, improved my performance and educated me. One of those lovely people is Robyn Atkins, a lady of superior integrity and knowledge who is only…
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Business Automation – a cheap way to make your business flow more smoothly
The world has changed. Business automation used to be something very large companies could afford and small companies couldn’t. That is no longer true. A host of changes have made them available to you (to us). The changes are: Cloud technology – you can use the new software without having to buy and maintain expensive…
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5 Reasons your business is still fat, weak or skinny
Here’s what you need to know… There’s no excuse for your business to be weak after years of trying to improve profits. Fix it by rethinking your attachment to out of date procedures. If you’ve been trying to drop the same volume of dead stock since the day you started in the business, figure it…