Re-Inventing Retail

From the Co-Founders of The Retail Owners Institute.
Tips | Tactics | Insights on the Business of Retailing.

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It's that time of year when all the talk is about all that's new and different for retailers.

As the trade show season gets into full swing, there is no shortage of reminders of all the elements you need for your business to "keep up". From technology to customer expectations, competitors, vendors, landlords, employees, Amazon, payment systems,  Alexa and Siri, taxes, legal, etcetera, etc, etc.

We get it. Keeping pace with the relentless changes in retailing is not easy. 

Retailers know retailing demands constant adjustments. (In fact, for many folks, that's a large part of retailing's appeal.)

But, how well is your business keeping pace with your personal goals and ambitions?

Remember, the point of owning your own business is to make the business work for you!

How are you doing so far?


Think about your personal life right now. What changes have occurred since you started your business?

Your lifestage responsibilities: spouse, young children, aging parents, adult children.

Your health (and the health of your family members).

Your tolerance for financial risk.

Your zeal for the business.

These are real-life issues. As they change, so do their demands on your time, energy, resources.

And that means your business plans and choices should change to better reflect and serve these current needs.

It's 2018. Time to get your business focused once again on reflecting 2018 realities. And working for you!

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About The Co-Founders

Pat Johnson and Dick Outcalt, The Co-Founders of The Retail Owners Institute®, have been called "The Zen masters of retail finance!"

Since 1999, they have been assembling  their proprietary content into a unique self-help website. The Retail Owners Institute is an unmatched resource that assists retailers worldwide with basic financial training, assistance and easy-to-use tools.

Their engaging and empowering how-to resources about the financial levers in retailing are informative, fun(!), and retailer-friendly. Their promise: "Everyone will 'get it'!"

Pat and Dick are recognized experts in strategic retailing. Working only as a team – Outcalt & Johnson: Retail Strategists, LLC – they have been consulting, publishing, and speaking professionally throughout North America since 1990.

They focus exclusively on retail, or wherever retail is involved. They work with CEOs, CFOs, boards and owners of retail operations, as well as manufacturers or wholesalers expanding into retail. And they also are Retail Turnaround Experts.

Since 1999, empowering retailers and store owners to "Turn on your financial headlights!"