Are you familiar with the Retail Profit Pie? As a small business owner, it is extremely important to track how your money is being distributed. It’s even more important in retail because most likely 40-50% of the money you generate is being spent on goods, your cost of goods also known as … [Read more...] about Tips for Cutting Retail Business Expenses
Clear Out Stale Merchandise! Hold a Facebook Live Clearance Event
Now that the holidays and 2020 are coming to an end, have you assessed your remaining inventory? Now is the perfect time to prepare to run a Facebook Clearance Live event. An event like this can give you a nice “cash injection” AND clear out stale merchandise! The best part is that you don’t need … [Read more...] about Clear Out Stale Merchandise! Hold a Facebook Live Clearance Event
How to Get Noticed on Small Business Saturday 2020
Small Business Saturday 2020 is in TWO weeks. What does that mean? It means you should start promoting #SmallBusinessSaturday NOW, if you haven't already done that. Planning, preparation, and marketing are key to get your customers to think of shopping with you on Small Business Saturday which … [Read more...] about How to Get Noticed on Small Business Saturday 2020
2020 Female Entrepreneur Summit
The 9th annual Female Entrepreneur Summit will be held on Wed 10/28/2020. This year, the summit will be virtual. This is an exciting opportunity for female entrepreneurs to get a front row seat to valuable information to help you run your business right in the comfort of your home! The summit … [Read more...] about 2020 Female Entrepreneur Summit
Best Places To Buy Wholesale Craft Supplies – Darice Alternatives
There are so many amazing, talented, and passionate small business owners who rely on other businesses for supplies. Darice was one of them. A family-owned business founded in 1954 and was purchased in 2016 by The Michaels Company. In the midst of all the 2020 craze, Michael's announced that … [Read more...] about Best Places To Buy Wholesale Craft Supplies – Darice Alternatives
A Message About Small Local Businesses
Why do you keep seeing messages to shop small and shop local? As the Coronavirus starts to spread across the United States, more businesses are temporarily closing. You are probably noticing many social media posts in your feed asking you to support small and local businesses. I AM a … [Read more...] about A Message About Small Local Businesses