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Looking for ideas to help your business?

Each month Stens features simple practices you can incorporate into your business plan.

How can I keep up-to-date with industry events and trends?
Read as many retail trade publications as you can. With each magazine you will find tips on Management, Advertising, Employees, and Customer Service.
 
How are other dealers approaching various issues?
Join the trade association for your industry. There are many members willing to share their experiences and information with you. You may find a local, state, and national association for your trade.
 
How can I get more out of my vendors?
Be loyal to your vendors. Just as you expect your customers to base their shopping on more reasons than price, you should demonstrate your loyalty to your vendors. Your loyalty will be rewarded.
 
How can I call attention to product features?
Signs, signs, signs. Utilize signs throughout your store to call attention to new items, closeouts, product features, and special prices.
 
How can I keep my employees motivated and up-to-date?
Designate a room within your business as an employee classroom. Have as a part of the classroom a table and chairs, motivational posters and training materials from vendors
 

If you would like additional tips and tools for running your business, visit Tom Shay's website, www.profitsplus.org

 
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