Inventory to sales ratio is calculated by dividing the total inventory for the month divided by the totals sales for that month. The Inventory to Sales Ratio measures how many months it would take to use up the surplus supplies held on shelf at that monthly sales rate. An inventory to sales ratio of 2. 1 means that it will take 2. 1 months to […]

TERM- PAPER Lost Sales Forecast Table of Contents Introduction The Carlson Department Store suffered heavy damage when a hurricane struck on August 31, 1996. The store was closed for four months (September 1996 through December 1996) causing our sales drop to $0. The task of this report is to analyze sales in our department store in past 48 months and develop estimates of the lost […]

Laura Schneider says that marketing is everything that we do to reach and persuade prospects. Marketing consists of the measures we use to reach and persuade our prospects. All of marketing components will cost producers or manufacturers that in turn will influence the retail price of a product. To exploit a potentially lucrative market is not as easy as just opening a room, and playing […]

You’re personal brand’s website is an important tool where meaningful connections can be created. In order to establish yourself as an expert in your field you need great content and a strong social network like LinkedIn to share that with. How can your personal brand attract more leads and sales? It all starts with daily activity and meaningful engagement. LinkedIn is one of the top […]

Introduction There was an era when there were only a few companies selling similar products within a particular market or globally, and the demands of the customers were relatively simple and less sophisticated. At that time, the phenomenon of strategic management was neither popular nor deemed a critical element for business success. Such was the case throughout the first half of the 20th century. According […]

Entrepreneurs don’t always want to be known as salespeople. They often prefer innovators, leaders and builders. But the truth is, selling is one of the most important skillsets for founders and CEOs and deliberately developing those talents is critical to starting and running a business. Everything revolves around selling – from landing your first account to raising a seed round and hiring employees. To secure […]