It is essential for every retailer to know what numbers matter to the outside world of vendors and lenders.
Spoiler alert: You won't find them on your P&L!
Whether sales are up, down or sideways, there are two questions that zero in on the true health of your business:
Will we be able to pay our bills on time?
Is our business getting financially stronger? Or weaker?
This TOPICAL TUESDAYS Webinar of the Week by Pat Johnson and Dick Outcalt, Co-Founders of The Retail Owners Institute®, will show how you can answer those questions for yourself.
It just takes paying attention to 2 key ratios. And about 12 seconds to calculate each one!
After all, your vendors and lenders are already doing this! (That's why they ask for your financial statements.)
Shouldn't you know what they know??