The Gray Cat Blog
A comprehensive collection of blogs designed to assist small business owners and multi-unit operators.
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...
“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...
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...
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...
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...
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...
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....
“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...
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...
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 ...
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...
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...
