The Gray Cat Blog

A comprehensive collection of blogs designed to assist small business owners and multi-unit operators. 

Creating An Offering Memorandum Feb 03, 2023

There comes a time in every entrepreneur’s life when they wish to exit their business. At that time, one of the most essential documents a business owner should create is an offering...

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Project Management Feb 03, 2023

“The nice thing about not planning is that failure comes as a complete surprise rather than being preceded by a period of worry and depression.”  — John Harvey-Jones

If...

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Store Design for the Retail Environment Feb 03, 2023

One of the most important, yet biggest challenges facing a retailer is creating a new store vision for your chain, while simultaneously running your day-to-day business.  There are only...

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Local Store Marketing: Charities Feb 03, 2023

Developing a working relationship with influential, local charities in your trade area not only establishes your community commitment as a business owner, but can also provide an effective way to...

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Self-Service Kiosks Feb 03, 2023

Self-service kiosks continue to be a growing trend in retailing and is expected to accelerate over the years. This exploding industry has launched retailers to develop their own kiosk strategy in...

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Operational Excellence Feb 03, 2023

Managing a retail store is tough work.

Between operations, merchandising, marketing and facility upkeep, retail business owners have their hands full. Managing the details of retail is the...

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Local Store Marketing: Sports Sponsorships Feb 03, 2023

Most sports teams-especially the smaller, local teams-will have a variety of sponsorship packages that are available. Depending on your budget, it can determine the extent of your sponsorship....

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Key Performance Indicators (KPIs) Feb 03, 2023

“You can’t manage what you don’t measure.”

Key Performance Indicators (KPIs) are a vital resource to managing your business. Each selected KPI can be your bellwether...

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Making Prudent Capital Investments Feb 03, 2023

When it comes to the long-term success of a business, one of the key drivers is prudent capital re-investment. Unlike operational expenses that are used to run the daily business or working capital...

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Vendor Management – The RFP Process Feb 03, 2023

We select our store locations. We select our staff. We select the merchandise to carry; and along those lines, we select our vendors. Selecting the correct vendors – in addition to ...

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Capital Management Best Practices Feb 03, 2023

Hopefully your business is growing, cash flow is strong, and if that is the case, what a fantastic scenario to be enjoying! Now, one must determine what are the best ways to put those earnings to...

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The Value Of An Outside Board Feb 03, 2023

Sometimes another set of eyes can make all the difference.

Small businesses are a phenomenal entity. Often started in a garage or at a kitchen table, the sheer energy of the small business...

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