New Year, New Business: Resolutions for small business retailers for 2025

As we prepare for the  new year, it’s an ideal time to reflect on your business and set goals for the future. Here are some actionable resolutions to help local small business retailers leverage technology and data to improve your business and make it more profitable:

Data-driven decision making

• Prioritise data quality: Ensure your business data is accurate and up-to-date. High-quality data is the foundation for informed decision-making. A common attribute of businesses that fail is poor data management.
• Sales-driven inventory: Use sales data to guide your inventory decisions. Avoid unnecessary stock purchases by analysing past performance and future trends.
• Remote management: Utilise technology to manage your business remotely. This allows you to spend more time away from the shop floor while staying connected to your operations.

Streamline operations

• Automate processes: Identify manual tasks that can be automated to save time and reduce errors.
• Combat theft: Implement security measures and utilise technology to deter and detect theft. Our software can help.
• Declutter your space: Organise your shop floor based on data-driven insights to optimise layout and improve customer experience.

Delegate and learn

• Empower your team: Delegate tasks to your team members and use software to streamline workflows.
• Set SMART Goals: Establish specific, measurable, achievable, relevant, and time-bound goals to track progress and measure success.
• Continuous Learning: Dedicate time to learning new features and functionalities of your POS software to maximise its potential. We offer free training resources.

Strengthen supplier relationships

• Strategic partnerships: Focus on building relationships with suppliers who offer efficient and reliable services.
• Leverage free resources: Take advantage of free training and support offered by us.
• Data-driven insights: Use the business insights our POS software serves you.

A shared commitment to success At Tower Systems, we’re more than just a POS software provider. We are committed to helping our customers achieve their business goals. By implementing these resolutions and leveraging the power of our software, you can elevate your retail business to new heights.

We do hope your 2025 is wonderful and profitable. Our software can help and we can help. Together, let’s make your 2025 a terrific year for your business and all who rely on it.