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AuMake ends FY21 down $7.8m, hopeful for new year

Inside Retail

The business also cashed out four of its stores and continued “labour restructuring”, which will see operational expenses fall 30 per cent in the first quarter of the new year. The post AuMake ends FY21 down $7.8m, hopeful for new year appeared first on Inside Retail.

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10 Ways to Reshape and Refresh Your Product Portfolio

Retail TouchPoints

Closely assess your business and product portfolio’s needs according to the wishes and demands of your target market, then de-complicate your portfolio accordingly. They tend to under-represent low-volume production costs and your enterprise’s operating expenses. Gauge Your Portfolio’s Health.

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5 Ways To Maximize Retail Business Financing

Retail Minded

Compared to the operational expenses of a bricks-and-mortar retail store, building a shop online may only cost a fragment of the costs of a physical store. Lower Your Expenses. Make it a habit to regularly audit your company’s finance, especially where business operating expenses are concerned.

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How To Choose The Best Location For Your Business

Retail Minded

Online-based: For businesses primarily operating online, the location might focus on logistics and distribution efficiency. Research Demographics and Market Demand Understanding your target market thoroughly is essential. Being near your target population guarantees steady foot traffic for retail enterprises.

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Inventory Management Workshop

DMS Retail

Before we can manage costs involved in buying, we must understand what kind of costs and expenses we are dealing with. Components of the Income Statement, Operating Expenses, Operating Statement, Inventory Systems, Purchasing Transactions, Cost of Holding Inventory). Category Marketing Strategies.

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Inventory Management Workshop

DMS Retail

Before we can manage costs involved in buying, we must understand what kind of costs and expenses we are dealing with. Components of the Income Statement, Operating Expenses, Operating Statement, Inventory Systems, Purchasing Transactions, Cost of Holding Inventory). Category Marketing Strategies.