60–90-minute discovery call: This is a two-way question and answer session where we will discover facts & figures about your business to assist in the alignment of results and action steps specific to your store. This is a recorded call delivered to your inbox for future reference.
Full Inventory Analysis: Using your POS System reporting, we will highlight your inventory key metrics; We will show you where you are missing sales; which categories should be expanded, and which could be contracted; We will demonstrate where you are losing cash and more importantly where you can rebuild & recoup cash in your business in the next 90 days and beyond.
Vendor Scorecard & Negotiation: Using your POS System reporting, We will provide a full analysis on your active vendor base, highlighting your top 8-10 vendors. Together, we’ll complete our 2 level vendor scorecard for each and teach you how to utilize this data to become a better negotiator with your key vendors, creating WIN/WIN partnerships.
Financial Breakeven Analysis: Following a review of the latest system generated or accountant prepared financial statements we will prepare our signature breakeven analysis including all key expenses benchmarked against industry specific and volume similar stores. Learn where the opportunities are for better expense control and exactly where you breakeven every year, quarter & month based on your contribution margin.
12-Week Dynamic Cash Flow Forecast & Calculator: Following your BE analysis, we will complete a 12-week cashflow forecast. This tool will help better manage your cash positioning and the needed understanding of the true flow of cash in and out of your business.
Results Review: Following each section of the RBA, we will schedule a 30-60 minute call to review & discuss results and recommended action steps. All calls will be video recorded and made available in a shared Google Drive, along with all documentation used, for your future reference and use.
30-60-minute Wrap up call: This call is scheduled 14-30 days after the completion of your RBA and allows you the opportunity to dig deeper into any area of the analysis. This is a recorded call saved in our shared Google Drive for your future reference and use.
NDA: The Wealthy Retailer® provides a two-way, non-disclosure agreement for all engagements.
Guarantee: The Wealthy Retailer® offers a 100% money back guarantee on all products and services. If at any point in the process, you are not fully satisfied, simply let us know and a refund will be processed – no questions asked.
Bump Up Option: If at any time you choose to “Bump Up” or add additional services provided by The Wealthy Retailer®, simply let us know and we will apply 50% of the fees paid above to the next or added service(s).
Additional Services:
Monthly Retail Coaching
RetailORBIT® Merchandise Planning
Monthly Marketing Mentorship
Entrepreneurial Operating System® Implementation
Monthly Cash Flow Management
eCommerce & POS Connectivity
POS Discovery & Implementation
POS Customized Reporting
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