It’s time to start thinking about how to grow your business in 2012. But before you make any plans, take stock of your financial situation. You need to look at the numbers to make sure you’re moving forward and not just treading water — or worse, drowning. We recommends asking (and answering) the following 10 questions to evaluate how your business is doing as 2012 arrives.
The honest answers to the above questions will help you to determine things like
Without the tools for proper analysis of your financial situation, this prediction is nothing more than an uneducated guess. Whether a “big box” retailer or a small mom and pop retailer you need to have accurate information without hours of work to access this information. The simplest way to have this information at your finger tips is with a POS or point-point-of-sale system. A POS is critical management and operations tool for a strong business. It’s kinda crazy to put as many hours into your business as most small business owners do – and you’re probably no exception – and not have a smart exit strategy. One day you’re going to want retire and sell the business so you can travel the world in style, right? Don’t shake your head and say, “I wish!” With a POS system you will have the management tools to have the financial insight to give your business the leadership it needs to succeed. When you eventually sell your business you will be able to produce the information that shows all the reasons why buying your business is a good investment. Our POS systems have over 80 reports to analyze your business, everything from inventory to labor costs. Call for a complete analysis and ROI on your investment into a POS for your retail store or kiosk. Call me today. I can help – 951-293-0775.