"If you think being small means you can't have an impact,
try going to bed with a mosquito."
---Anita Roddick, Founder, The Body Shop
The world likes to talk about "small retailers." Hmm.
Here's our view: every retailer faces the same strategic management issues, no matter how big or small their sales volume. And none of these is a "small" issue!
But to survive, retailers must be able to control profits, debt, inventory, and cash flow. And for that, they need ready access to retail-specific financial tools and know-how.
The "big retailers" typically have people to whom to delegate these concerns.
The challenge for the so-called "small retailers": you have to do it all yourself! And all while keeping appearances up and expenses down!
"We ARE going to make a profit, right?"
Now, find out for yourself – in minutes – without having to ask your accountant or bookkeeper. Use the PROFITS Trend Tracker, a special Profit & Loss projecting and monitoring tool developed specifically for retailers.
For projecting, not accounting!
Remember, accountants are really historians. They keep track – often to the penny! – of what has happened already. That's okay, especially for purposes like paying your taxes and such.
But – it's not particularly helpful for making management decisions about going forward!
That's where this site comes in.
All of the resources and tools at the Retailer's PROFITS Center are all about the future.
Built specially for busy retailers. Enabling you to see ahead. Compare your choices.
All on your own!
Then, making it easy for you to keep tabs on the results, so you can make adjustments as needed.
The Retailer's PROFITS Center includes unlimited access to time-saving online profit-planning calculators for retailers.
Plus, empowering How-To Profit Kits, packed with explanatory articles, lively Co-Founders webinars, self-paced online training courses, glossary of retail financial terms, and yes, much more!
Used and loved by retailers worldwide!
All the resources and tools you'll need
to grow your retail profit-ability.
For as little as 41¢ a day!
The first 5 days are free! No risk to try!
Go here for more info on the
SPECIAL Access program.
Go here for more info on the
DELUXE Access program
The PROFITS Trend Tracker is a special retail Profit & Loss projecting tool developed by The Retail Owners Institute specifically for retailers and The Retailers PROFITS Center.
All the formulas are built-in. No spreadsheets for you to have to set up. Available online, 24/7.
Nothing to install! It just works!
In just minutes, see whether your planned combination of sales, margins and expenses would produce a profit for your business.
You enter the numbers you already know: what you expect Sales and Gross Margin percents to be each month.
The Expenses go in very quickly, by "buckets", or major categories.
(Use the SPEEDY Expense Analyzer to sort your numbers, if need be. It happens very quickly.)
5 minutes - maximum - for the inputs. Really!
Plus, see "the Big Picture" of the year's expenses, including as a percent of sales.
Makes comparisons to prior years much easier (what are the trends?)
Readily identify trouble spots – and opportunities.
more info about Profit Planning INPUTS
more info about Expense "BUCKETS"