by Malcolm Alderton | Jul 12, 2018 | Sales |
Most people have heard this statement, or something similar, at least once in their lives. This means that there are many people in today’s society resisting change. These are changing times, more so today than ever before, and resisting change or being slow to...
by ARMS Admin | Jul 7, 2018 | Inventory |
All jewelers equate the problem of old inventory with having too much cash tied up in an unprofitable asset. But how they define that cost varies widely and we have heard some “reasons” for carrying old inventory that are merely a skin of truth wrapped around a...
by ARMS Admin | Jul 5, 2018 | Sales |
Have you ever stopped to consider how much of your profit comes from Special Orders? It’s a certainty that they cost you more than selling something out of your cases. Taking time and resources to hunt down, order, inventory and follow-up on special orders can put...
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 | 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...
