Cash Flow Boot Camp

This event has been canceled

Retail is a blend of art and science. As the store owner you understand your customers and what they want: you provide a point of view and a taste level, the ART. The SCIENCE involves understanding how to maximize the merchandise you bring in to support your vision. Inventory control is the best investment you can make for your store; Poor inventory management is the #1 reason retailers fail. And 1/3 of stores that fail are actually profitable but don’t have enough cash flow to run the business. We will talk about too much inventory, not enough inventory, gross sales, what percentage most retailers spend on merchandise, and inventory in relation to total assets. This class will walk through the basics of running a retail business and you will come away understanding: The difference between net profit and cash flow The 4 Pillars of Retail How to more accurately forecast your sales What an Open-Buy is and how to create one for your business How to create a cash flow projection

Speaker(s): Alyson MacMullan

An email will be sent out two days prior to the workshop. The email will include directions to the Westminster FRCC Campus and the classroom location. Refund Policy – Very Important Individuals must drop a class three business days prior to the class start date by calling 303-460-1032. Saturday and Sunday are not considered business days. NO REFUNDS will be made after that time. Cancellations Classes not meeting minimum enrollment may be cancelled. Participants will be notified prior to the start of class. In our efforts to provide classes and limit cancellations, participants may be notified as late as a day prior to the start of class. A full refund will be provided.

Fee: $ 15.00

Please call 303-460-1032 to finish the registration process and to pay the $15.00 fee. All payments are processed through the FRCC Cashiers Office.