Saturday
11:30 a.m.
5 Ways to Financially Fix Your Store (Retail Ideas)
Presented by Alan Friedman, CPA, Friedman, Kannenberg & Company, P.C.
Today’s independent music retailers face an endless barrage of
challenges, ranging from external factors beyond their control like
rising gas prices, falling real estate and stock markets, and
discounting from mass merchants and online retailers–to internal
factors within their control, such as the constant need for inventory
management and monitoring of operating expenses. Yet, despite the
unpredictable landscape, music retailers can survive and even flourish
by implementing some time-tested practices that have proven to
generate profits and improve cash flow. Join industry CPA Alan
Friedman for a look at five essential practices to financially improve
store operations for all music stores.