by Malcolm Alderton | Jul 2, 2018 | Finance, How To's, Inventory |
When you have overdue vendor payables which are causing you sleepless nights and strained supplier relationships, there is an answer and it’s all to do with managing your Cost of Sales (COS) fund. There are some very strict dos and don’ts which will impact your...
by Malcolm Alderton | Jul 2, 2018 | Business Development |
Many jewelry retailers are so successful they are slowly going broke by chasing sales and neglect to create vital Goss Profit. Too little GP means one of two things - either the business cannot meet its financial commitments on time, or the owners are not enjoying an...
by Malcolm Alderton | Apr 20, 2018 | Business Development |
In large corporations people with specific skills are matched to specific tasks. Big businesses employ buyers for buying, sales people for selling, accountants for preparing budgets and reporting on performance, human resource people for managing staff, marketing...
by Malcolm Alderton | Apr 20, 2018 | News & Events |
This topic has been of particular interest to Malcolm during his years as a management consultant to the jewellery industry. Malcolm himself works with his wife, daughter and son, and is well aware of the positives and negatives encountered in a family...
by Malcolm Alderton | Apr 20, 2018 | Business Development |
Traditionally small business owners have their annual accounts prepared 6 to 12 months after the end of the fiscal year, and apart from the accountant spending 15 minutes discussing them and a copy going to the bank, these accounts never see the light of day again....
