- Concentrate and focus on those things, which the benefit to the customer is greater and the initial costs are smaller, as customers are always right no matter in what condition.
- Evaluate and questioning yourself, whether is necessary to open your business 7 days a week or not. This is an important matter, as it might save you from the extra expanses.
- Learn and understand the strategies of fine-tune stock levels.
- You have to determine the optimum stock levels constantly.
- Analyze and identify those stocks that high in demand and sells well.
- Make the stock clearance that isn’t selling periodically.
- You must learn to negotiate better terms with the suppliers.
Sunday, August 24, 2008
Inspiring Business Tips From The Expert – Part 7
We have always being advised to only learn from the best. Thus, Jim Penman, the founder of the Jims Mowing has few business tips want to share with us here:
Subscribe to:
Post Comments (Atom)
2 comments:
Don't know where this comes from but it's certainly not from me. I can't think when I would ever have made comments about slow moving stock, since I've never run a retail business. If anyone would like to read my views on business, have a look at my book, which is published in full on www.jims.net.
Jim Penman
Hi JIm and thanks for dropping by...
Well, no matter what I still draw your attention to visit my blog here...lol
By the way, you did have a nice and informative website.
All the best to your online venture,
Wilson.
Post a Comment