Take control of how money flows into, around and through your store
In this episode I’m sharing the pros and cons on the most popular strategies for moving stock in your retail or eCommerce store so you can get clear on the options you have for your inventory and the inventory flowing into the market place from other retailers.
In this episode of the Bringing Business To Retail podcast I’m joined by our resident finance expert, Adam Lean. As owner and director of the CFO project Adam is perfectly placed to share how you can build financial resilience into your business and provides simple, easy to implement strategies you can start using today to ensure you stay on top of your biggest financial priorities.
For over 20 cumulative years both Robert Rickey & Stephen Somers (co-founders of MPSH) have sold millions of dollars of simple, every day physical products globally on Amazon in multiple niches without any outside funding. In just 2 years the MPSH community has generated millions in revenue and has become the #1 place to learn how to build a sustainable, global Amazon empire.
In this episode I’m sharing why statistics are so important to the future of your store and defining the five stats you can’t ignore, if you want to grow your business.
In 2013 Yasmin and her husband Leigh started Worlds Biggest Garage Sale. What was intended to be a one off event where they would sell dormant, unused goods, to raise money for charity, has grown over the last five years to raise more than $314k for charity benefactors and divert over3.3million kilograms of unused goods going to landfill.
Feel like you’re a slave to your business?
Work hundreds of hours but pay yourself for only a fraction of them?
In this episode I’m exploring when and how to start drawing a wage from your business and sharing strategies to ensure you earn an income AND stay solvent, even if you haven’t kicked all your financial goals.
DISCOVER HOW TO BUILD THE RETAIL STORE YOU’VE ALWAYS DREAMED OF “Life is 10% what happens to you and 90% how you react to it.” LISTEN NOW WHAT IS THE EPISODE ABOUT In today’s episode, part 2 of my Summer Series, Elizabeth Gillam from Franchisee Success and I chat about How to systemise yourself out of the business Managing Cashflow – forecast and know what happens in your industry Getting your team to upsell and monitor your stats like Average Sale Value Inventory management tips Things you need to put in place before you hire staff How to enable your staff LINKS & RESOURCES Setting Yourself Up For Success Action Plan Elizabeth’s website Bio Creating High Performance Franchisees is what Elizabeth Gillam does. Having owned and operated three franchised food businesses; Boost, Healthy Habits and Bucking Bull; she knows what it takes to operate a profitable food franchise. This multi-award winning business woman, author speaker and mentor, thrives on showing fellow franchisees how to do the same. In her recent book Upsize your Profit – 6 steps to running a profitable food franchise, she outlines how franchisees can ACE their franchised business unit. That is how to Analyse their business and team;
Vanessa Van Edwards is a Behavioural Investigator who specialises in the psychology behind what makes people behave in the ways they do. A few years back Vanessa joined me on the podcast to discuss how retailers can use charisma and body language to sell just about anything to anyone and why it’s important to be the perfect blend of approachable and knowledgable when it comes to sales.
This has become one of my most listened to episodes, with dozens of retailers writing in to tell me how much value they gained from Vanessas insights. Especially when we start stepping through how to spot a shoplifter simply by watching their body language!
DISCOVER HOW TO BUILD THE RETAIL STORE YOU’VE ALWAYS DREAMED OF “Your business should be more profitable” LISTEN NOW WHAT IS THE EPISODE ABOUT Adam Lean knows exactly how it feels to be under financial pressure; following a short career as an Accountant he started a sporting goods enterprise. A few years in he realised he was in significant financial trouble, despite having the background to have seen the warning signs. Adam has combined his accounting and entrepreneurial experience to create the 4 Step Process; Path To Profitability, where he works with other independent business owners to ensure their business financially healthy. Discover; Why it’s important to understand the financial cycles and patterns of your business What financials to track and measure How to set goals for each area in your business Why financial management must be a non-negotiable task for every business owner Practical ways to increase the profit in your business LINKS & RESOURCES Adam’s website Bio Adam Lean, Founder of The CFO Project. I know what’s it like to be in your shoes. I’ve been there. In 2010, I hit a low point in my eCommerce business.It was only after using my accounting background and diving deep into
Sometimes you will be in an uncomfortable situation when it comes to your business, maybe you will have problems will your employees or with your suppliers but the worst case scenario is when you don’t have money.
Should you invest in PR? Is it worth the money? What do you do when you finally have people checking out your stuff? How do spot a dodgey deal from a great publicity opportunity?
Today I’m chatting with former TV reporter turned PR Guru, Christina Nicholson. Christina uses her no nonsense strategies to help independent business owners, solopreneurs and entrepreneurs all over the world gain and leverage publicity.
In this episode with us is amazing Jane Lu from Showpo and it’s real pleasure to have Jane in the show.
Jane is a real synonym for success. Her business grows from a small garage shop to 60M USD in just 7-8 years.
It’s not easy to grow like that and there are many hurdles but it’s important to have a goal you want to achieve, Jane shared with us her inspirational story about everything she experienced during this period from nothing to success.
