There has been a saying, a truism, in small business retail for decades – cash is king. While this is as true today as when it was first uttered, data is king is more important for good data, accurate data, can generate excellent cash for any small retail business.
When we switch retailers from other POS software, too often we find data that has not been respected. The result is poor business decisions and a business suffering. Too many software companies do not respect data and do not encourage and guide their retail customers to respect and manage data for success.
We urge retailers to treat data with respect. Do this and expect to profit.
Track all stock entering the business. Track all sales by scanning them. Track all returns by scanning them. Do regular stock takes. Order new stock using your software. Where possible – process invoices and orders electronically.
Every keystroke removed is another mistake saved.