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From the Library for Owners | Profit Management

The ROI's How-To Articles

 

The Myth of "the Bottom Line" 

Retail business owners are conditioned from day one to "have a profit" and "improve the bottom line".  

 
Yet, sadly, most owners aren’t sure exactly why. 
  1. What IS profit? 
  2. Where does it go? 
  3. Why is it important?  

read more here

 

How to Read and Use Your Financial Statement 

Put the cause-effect, cause-effect power to work in your retail business. 

Get a greater sense of control – and the peace of mind that comes with it!

read more here

 

Want More Profits? Find Your Most Profitable Customers!

In The ROI's view, the key to survival in retail is not profitable lines of merchandise, nor even profitable stores.  

Instead, those retailers who will survive and thrive will be those who have the most profitable customers! 

read more here

 

The Four (Only!) Ways Retail Businesses Grow

Before you get too far down the road in planning another store, adding new merchandise lines, or some other expansion, you first must decide on your fundamental growth strategy. 

Why? Because your growth strategy and your tactics must align.

read more here

 

Are Your Profits Hiding in Plain Sight?

The typical accounting package lists expenses in alphabetical order. From Advertising, to Auto Expenses, then Bank Charges, and so on. Lines and lines of separate expense items, all detailed to the penny. How useful is that?!

Is this designed to inform? Or, to confuse and confound? No wonder few retailers will spend much "quality time" with their financial statements.

The ROI's 'bucketizer'

 


 

Save time! Know It NOW! bundle for busy retailers

We get it. There is a lot of how-to information here at The Institute. 

And sometimes, you just "Need to Know it NOW!"

So, we've put together some "Know It NOW!" Bundles. Go here to see the BUDGETING Bundle

 

Watch • Listen • Practice • Do-It-Yourself • Know It NOW! 

 


"Samplers" from TOPICAL TUESDAYS Webinars | Profit Management

Short how-to segments on managing sales and profits from TOPICAL TUESDAYS Webinars by the Co-Founders

Financial Know-How | Empowering & Fun(!) Webinars for Retailers

Most TOPICAL TUESDAY Webinars demonstrate one of The ROI's online Projecting Calculators for Retailers

click each circle below for more info

Balance Sheet & 2 Key Ratios Seminar   How to Project Retail Profit and Loss Statement Seminar Retail Owners Dashboard Seminar
 
   

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