Creating Positive Cashflow with an Open-To-Buy

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November 3, 2010 – 3:00 p.m. - 4:00 p.m.
Presented by: Tom Shay, Profits+Plus
Track: Business Management

You will find that a majority of businesses do not understand or utilize an open to buy. Yet the majority of small retail businesses that fail each year have a financial sheet showing them as profitable on the day they close! Too often, that needed cash is sitting on the shelf as excessive inventory Or, how many business owners and managers are surprised each month as they examine their financial statements to see there is more inventory than they wanted in their business?This problem can be solved. Understanding and utilizing an “open to buy” will move marginal businesses to profitable businesses.

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