+2348056178895, +2347033889845 info@steepleglobal.com.ng

Are POS Transactions the Greatest Threat to Finances of Retail Businesses?

ARE POS TRANSACTIONS THE GREATEST THREAT TO FINANCES OF RETAIL BUSINESSES?

The quick answer to this question is a resounding Yes and No! Yes, if you belong to the retail business sector that grapple daily, with the nightmares of transaction failures and unending chargebacks by banks; and No, if you belong to the banking sector or other E-payment organizations involved in the POS management chain. However, our research and experience…

Please follow and like us:
error

Read More

Why Do Retail Businesses Fail So Fast…Part 2

Why Do Retail Businesses Fail

Business Killer No 6: Inadequate Capital and wrong Application of the Available Capital As a retail business, you will hold inventory, either in your warehouse or shelves and inventory ties down money. Even if you want to stock “lean”, by holding minimal levels of inventory, your capital will still be tied down. Also, you will need assets e.g. computers…

Please follow and like us:
error

Read More

We Love To Hear From You

Thank you for taking out time to visit our website. We will like to get feedback from you.

error

Enjoy this blog? Please spread the word :)