Thursday July 23rd 2020
Starting @ 12:00 pm
This time presents unique challenges for retailers of all sizes, across industry and geographical boundaries. It’s more important than ever to be doing the right things that directly impact your retail business surviving and thriving – even amidst the most challenging of times. In this webinar, presented by retail expert and SCORE mentor Ritchie Sayner, you will learn why retailers fall prey to the non-profit cycle and how to rise above it. We will discuss: The concept of inventory turnover and why it is vital to cash flow and revenue growth How initial markup impacts profitability as well as strategies for controlling markdowns The advantages and disadvantages to online selling that you MUST be aware of And more…. About the Presenter(s) SCORE Mentor Ritchie Sayner Mr. Ritchie Sayner is a SCORE mentor in our Kansas City, MO chapter offering his expertise in retailing to SCORE clients as well as in-business retailers through his work with RMSA, Retail Solutions, LLC. Sayner joined RMSA in 1980 and has worked with retailers in nearly every industry segment. Ritchie Sayner SCORE Mentor, SCORE Kansas City Key Topics Accounting & Cash Flow Operations In Business Retail Trade https://batonrougearea.score.org/event/retail-revelations-strategies-improving-sales-margins-and-turnover
SCORE is the nation’s largest network of volunteer, expert business mentors, with more than 10,000 volunteers in 300 chapters.