What Is YOUR Definition Of KPI?
Definition of KPI in retail : Key Performance Indicators (KPIs) are important parts of any retailer’s store budgeting plan. But a single KPI is simply a number of units counted over a time period....
Category: Retail Budgeting
3 Reasons To Get Staff On Track
Have you ever been to a track meet where the race was not run on a track? The clearly defined lanes and finish lines are how the race is judged and those parameters declare...
Are You Missing This Store Budgeting Basic?
One of the basics of budgeting — any budgeting — is knowing exactly what you have to work with. From the little old lady who carefully marks down every day’s expenditures to the global...
Are You Hitting Your KPI Targets?
Key performance indicators (KPIs) are the retail metrics that help you keep your chain on the right track for success. The reason you track your KPIs is so that you can tell whether your...
Plan Your Store Budget
Store budgeting is not as simple as pitting your expenditures against your revenues on a spreadsheet. That might work for small mom & pop shops, but that’s not how it works for chain stores....
Budget Your Store For Greater Growth
Store budgeting is one of the key components to growing any retail business for future growth. The proper budget software can make store budgeting easier and more rewarding for your company in Canada and...
Store Budgeting Is Key To Survival
Your retail business deserves better than to be managed with no goals. Performance objectives allow you to measure your success by judging your results against criteria you set for yourself. When you have the...
Store Budgeting improves business efficiency
ChainDrive retail store budgeting software offers our customers a comprehensive solution to managing retail businesses of any size and scope. Whether you’re a local, single-store business that specializes in unique products or you’re trying...
ChainDrive Store Budgeting software
We have discussed at great length the importance of proper planning and foresight in the effort of making your retail business as successful as possible. One of the integral parts of this planning stage...
ChainDrive Store Budgeting helps set goals
Budgeting is a difficult practice in our business lives just as much as it is in our personal lives. Retail businesses in particular require a lot of effort, forecasting, and analysis to perform proper...
