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10 Finance Tips All Retailers Should Follow

Retail Next

If you aren’t good with finances or are simply strapped for time, hire a bookkeeper to track your finances. Invest in a Point-of-Sale (POS) System. That means maintaining financial records through an accounting software program. However, that doesn’t mean you shouldn’t be looking at the books yourself.

Finance 59
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Stop out of stocks denting your profits this holiday season

I Vend

Effective inventory management leads to lower overall inventory costs, fewer lost sales due to stock-outs, and greater customer satisfaction – and ultimately more profit. Point of sale store operations – customers want fast and friction-free checkout, and retailers need to know what has been sold.