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How to Get A Job and Keep It!

Getting your dream job is easy if you know how to go about it. Sadly, many job seekers do not know how to get the kinds of jobs they desire and many others settle for the usual “there are no jobs nowadays” byline that we hear every-day and everywhere! Truth is, there are thousands of jobs out there, the…

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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…

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Critical Reasons Why Retail Businesses Fail

Critical Reasons Why Retail Businesses Fail

Apart from founder or management dysfunction and the many other factors kill retail businesses previously discussed, (see our previous posts here), technology, cash flow and treasury management dysfunction, failure to take care of your personal health and safety, poor inventory management practices, over-trading, over expansion without taking present capacity into consideration, are some very Critical Failure Factors that easily,…

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Retail Business Success: Important Factors to Consider!

Success in retail business takes effort, resources and strategy. Interestingly, effort in retail  means both hard and smart work (a departure from the “smart work” cliché prevalent in industry today!). You will also need financial resources or a good credit standing with your trade creditors (e.g. suppliers) because you will need to maintain reasonable base inventory in your warehouse…

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