With the changed retail environment an exit strategy is a must for every store business The effect of this newest challenge for the retail environment is the pandemic and it has been devastating for many businesses – especially for independent retailers. Most of these retailers considered “non essential” and depending on the state where they …
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Selling Store Fixtures and Business Equipment for Maximum Profit during a Retail Store Going out of Business Sale See Below the video of a recent Successful Sale https://www.youtube.com/watch?v=-ZFPRJLKORM When a retailer decides that the store is closing, one of the first and biggest concerns that he or she has after selling the merchandise is selling …
Own a Retail Store and Are Now thinking of Retiring? Here’s what you should know Yes, even the information of “authority” websites that would lead you to believe you could trust them are wrong. So if you plan to close your business when you retire, some of these “authority” websites have some of the worst …
Things to know if you are thinking about closing your business running into debts? Just one more season may not help. The biggest lie that many independent retailers tell themselves is this: “I’m going through just one more season and I know I can turn things around”. I am here to tell you – in …
How to effectively use Facebook Marketing and Social Media for a Business Closing Liquidation Sale? The idea of a business closing isn’t the same as what it used to be, when times were simpler. This is especially true from the standpoint of facilitation. In past years, when a store was going out of business, signs …
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How a Top Ranked Business Consultant can prepare you for your final closing out sale? What does a final liquidation sale mean? Whether to sell or liquidate – when a merchant is preparing for a high returns store closing sale, he or she must ensure that specific plans are already in place before the actual …
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How to ensure a proper flow of customers during a store closing liquidation sale? There are a multitude of factors and inventory strategies that have to be considered when you conduct a store closing liquidation sale. These include everything from wondering how much merchandise you will need to stock your store with before you begin …
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Is your Business Going Under or Failing? Strengthening online presence is critical Business going under or failing – it’s not only because of things like a bad location. It is also mostly due to changed retail environment. It’s definitely easier WITH a great location with high organic traffic, but not the reason most retailers fail. …
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Top 5 mistakes to avoid when closing your store Close store 8:04 mins One thing I’ve learned from almost 20 years of helping independent retailers effectively and profitably liquidate and convert inventory to cash is this: How it could have been avoided in the first place. Knowing all the intricate details of a liquidation sale …
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