The idea is to get the retailers to focus on the key drivers of cash flow and profitability, not the mundane administrative tasks that take away time.
LOS ANGELES (PRWEB) March 05, 2021
Retail Smart Guys, a California-based consulting firm, announced today the addition of 3 new services to help retailers reduce costs on basic store administration, while enabling merchants to focus on the key drivers to their business.
“The idea is simple,” said Dan Jablons, President of Retail Smart Guys. “Right now, we know that independent retailers must be hyper-focused on faster inventory turns, perfect assortments, and customer engagement. We developed these services so that retailers can spend their time on that, and not on administrative functions.”
The services provided by Retail Smart Guys are being offered at prices way below market. “We did that on purpose,” continued Jablons. “We know that cash flow is a struggle for many, so we wanted to provide these new services at a price that any retailer can afford. The idea is to get the retailers to focus on the key drivers of cash flow and profitability, not the mundane administrative tasks that take away time.” Most of the services offered are below minimum wage, so they are easily affordable by retailers, and in many cases, can save them significant money.
There are three new services offered to independent retailers.
The first is Virtual Purchase Order entry. Retail Smart Guys’ staff will enter purchase orders into whatever point of sale system that the retailer uses to track their inventory. Since Retail Smart Guys works with many inventory control software products, the staff is already trained in accurate and quick purchase order entry. “This enables the retailers to anticipate the cash they’ll need to lay out in the coming months, and also enables them to get the goods on the floor faster,” Jablons said.
Another new service offered by Retail Smart Guys is Virtual Bookkeeping. The bookkeepers used by Retail Smart Guys all have many years of accounting experience, and bring that experience to help retailers accurately record revenue and expenses, and understand precisely where they stand financially. This also includes proper guidance and setup of PPP and EIDL loans, which many independent retailers now need to account for.
Finally, Retail Smart Guys is offering Virtual Social Media Posting. “That’s how this whole process got started for us,” continued Jablons. “We were spending time creating and posting to social media, instead of putting more focus on our customers. Now that we have the team doing that for me, I can put even more focus on helping independent retailers achieve better sales, better cash flow, better profit margins, and larger market share.”
Retailers are already taking advantage of the new offerings, and the company expects significant demand to increase for these services.