Comments on Small Biz Survival: Retail Store Industry Benchmarks

Thanks, Noah. Now if we can just help folks make s...

2010-05-10T21:06:40.548-05:00

Thanks, Noah. Now if we can just help folks make smarter decisions using this info.

Thanks Becky, just printed some info off for a loa...

2010-05-10T20:50:54.157-05:00

Thanks Becky, just printed some info off for a loan packaging client looking at a retail startup. Very useful tool for client education, not to mention timely when the RMA Guide is back at the office.

Thanks for sharing this!

Noah Brockman, MBA
Business Coach, Consultant
Pointman Consulting, LLC

Thanks, John. Inventory is a tricky issue for any ...

2010-01-26T17:34:07.577-06:00

Thanks, John. Inventory is a tricky issue for any small retail business. And even with technology, it involves some tough decisions by the business owners.

This is great data. It is always important to see ...

2010-01-26T15:56:59.049-06:00

This is great data. It is always important to see how we compare to our peers and to be able to take action to improve our performance. Our website at phitch.com features a ROI menu tab armed with a free online calulator to measure the opportunity available by optimizing inventory - essentially improving inventory turnover.

Having the the right amount of inventory is a big headache for small business, especially retail businesses. The bottom 30% of businesses have nine time more inventory than their top 20% performing peers. This is a huge disadvantage than be eliminated with relative ease with the right technology.

I agree, Bruce. I happily made use of the liquor s...

2010-01-26T14:12:37.827-06:00

I agree, Bruce. I happily made use of the liquor store benchmarks for my own store.

Becky, We used this fantastic service from ROI for...

2010-01-26T13:48:44.726-06:00

Becky,
We used this fantastic service from ROI for our franchise system...

This is really good stuff!

Bruce

Thanks for dropping in so quickly.

2010-01-25T18:32:11.309-06:00

Thanks for dropping in so quickly.

Becky, Thanks very much for sharing the Retail Own...

2010-01-25T18:13:40.712-06:00

Becky,
Thanks very much for sharing the Retail Owners Institute's Key Retail Ratios benchmark numbers with your readers!

The ROI Team

Wonderful! Glad to know it will be useful.

2010-01-25T17:32:07.383-06:00

Wonderful! Glad to know it will be useful.

How ever did you know Bruce was looking for this i...

2010-01-25T17:30:34.266-06:00

How ever did you know Bruce was looking for this information. He asked me to find it a month ago, never did. Thanks!!