Ep 20 Why Inventory Management is so Important

As a people person with a passion for numbers, Brittany had always dreamed of owning her own business. With five years of experience as a certified public accountant in hand, Brittany was ready for a new challenge: purchasing an existing vendor shop.  Listen in to learn Brittany’s best tips for running a vendor market, how…

Most of us know that Facebook and Instagram crashed on October 4th. No one could refresh, post, comment, share, run ads, nothing, nada…. for around 6 hours. The panic for some was real! My Mondays tend to be booked with back-to-back client calls. While I did notice there was an issue, but I definitely wasn’t…

As we head into the last few weeks of 2021, it’s normal to start thinking about the upcoming year. And there’s a lot of advice out there for bigger businesses! But what can smaller indie retailers expect in 2022? Read on for ten of my predictions. 1. Omnichannel Retail Will Continue to Expand Because retail…

We often think that our store, the physical space, or the merchandise generates revenue. But if we dig a little deeper, our BRAIN creates revenue.  Businesses solve problems for their customers. It can be challenging for store owners to see their business this way because we tell ourselves that shopping is just a luxury. Or,…

There are three main camps that independent retailers fall into when we think about growth: those who are afraid to grow, those who are excited to grow, and those who are a mix of both.  I recently ran a poll in the Shopkeepers Lab group, along with the 2021 Savvy Shopkeeper Survey. Thanks to these…

Whether you’re just starting or already growing your retail store, deciding how you’re going to fund your business can be a challenge. Do you take on debt? Do you fund everything yourself? Do you look for a business partner who can invest?  First, consider your relationship with both risk and debt. If you’re risk-averse, your…