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Without a workable store budgeting process, retail management is futile. It’s futile, because the necessary cash flow to keep the items on the shelves and payroll, etc. is easy to mess up without proper...
Budgeting is an inescapable part of the retail business equation. Retail store budgeting done right enhances overall performance since appropriate sales and performance objectives can be set. This affects the morale and motivation of...
Some would say that they never made a budget because they’ve never seen the need for one. But those same scoffers cannot tell you where all their money is going. This isn’t something a...
