#2

"How about just a quick overview?"

  Making "good business decisions" starts with knowing the language of basic retail finance.

Take these short, 10-question quizzes. See where you are right now.

Know the basics of the P&L?

Take the Profits Quiz!

Profits Quiz

Know Balance Sheet basics?

Take the Balance Sheet Quiz!

Balance Sheet Quiz

Ready to be a true merchant?

Take the Inventory quiz!

Inventory Control Quiz

Ready to manage the life blood of your business?

Take the Cash Flow Quiz!

Cash Flow Quiz

Now's the time.  "Learn It. Do It. Profit From It!"

The quizzes tested your knowledge of the basic language of retail finance.
And may have pinpointed where you need to improve. 

Exactly why The ROI has developed four online training courses!

Each includes a self-paced training course and one of The ROI's retail projecting calculators.
(Plus, an entertaining case study of the I. M. Surviving Company!)

These engaging and explanatory courses+calculators are your quick start resources.

📌 Members get access to useful insights to help you prioritize your next steps. Start your Membership now!

Project & Control Retail PROFITS

The ROI's online eLearning Kit - Projecting & Controlling Profits - deals directly with the retailer's day in and day out challenge.  See for yourself, in advance, whether you will have a profit.

Learn This Once - Profit From It Over and Over

It may take you about an hour to work through this eLearning course on Projecting & Controlling Profits. You will learn:

  • how to turn your Income Statement - a bookkeeping and accounting tool - into a useful management tool
  • how to better analyze past results and see "the Big Picture" of where you've been
  • how to use the online PROFIT Forecaster
  • how to know - in advance! - whether a given combination of sales, margins, and expenses would produce a profit

more info

ROI Members have unlimited access

Project & Control Retail INVENTORY

Most retailers have heard of the inventory managing tool "Open-to-Buy." 

But too often, it has been shrouded in mystery. Too complex and/or too expensive. Up until now!

In the Projecting Inventory Buys (Basics of Open-to-Buy) eLearning Kit, you will learn:

 

  • How to control inventory by managing Sales, Margins, Turns, and On-Order
  • How and why to do an inventory buying plan
  • The four-part formula for inventory buying (also known as "Open-to-Buy")
  • What turnover is, and how to set turnover targets
  • How retail sales seasonality affects inventory buying
  • How to use the BUYING PLAN Forecaster (included, no additional charge) to "automate" your Open-to-Buy planning

more info

ROI Members have unlimited access

GMROI Inventory Productivity

The Retail Owners Institute regards GMROI - Gross Margin Return on Inventory Investment - as the #1 measure of inventory productivity.

Now, The ROI makes it easier than ever for you to put this tool to work in your retail operation.

 

  • the formula for calculating GMROI
  • how and why to use GMROI
  • how to use The ROI's GMROI Calculator
  • how to project GMROI for your operation
  • how to use GMROI to improve the productivity of your inventory.

more info

ROI Members have unlimited access

Project & Control Retail CASH FLOW

The Projecting Retail Cash Flow Kit shows how to use the basic financial levers in retailing. 

It shows how fluctuations on the P&L (changes in sales, margins, expenses) and changes in inventory turns combine to affect cash flow.

Some call it "connecting the dots". We call it, "Now, everyone will 'get it'!"

What you will learn:

  • How profits (or losses), inventory levels, and cash flow are integrated in a retail business
  • The major variables affecting retail cash flow
  • The basic 3-part formula for cash flow
  • Where the numbers (inputs) for the cash flow formula come from in a retail operation
  • How to use the Retailer's 3-in-1 INTEGRATED Calculator to readily produce and update a fully-integrated retail cash flow projection (based on the sales, margins, expenses and inventory turns you have targeted.)

more info

ROI Members have unlimited access

See more about growing and managing profits

Retail PROFITS

See more about managing and controlling inventory

INVENTORY Management

See more about projecting and managing cash flow 

CASH FLOW

Unlock knowledge and tools that help you focus on what matters. Become a Member now!  Join Now!


The Retail Owners Institute® has been empowering retailers since 1999 to "Turn on their financial headlights!"
Our tools and resources are trusted by thousands of store owners to help grow profitable, resilient businesses.