128: Is Your Pet Business Making As Much Money As Possible?

Immediate sales and profit? YES, PLEASE.  The financial side of your business might cause you anxiety to think about, but it’s a critical piece to your growth, so we’re facing it HEAD ON, Pet Boss! Our guest today is Lynn Switanowski of Pet Retail Helper, and she is here to whip your inventory and profit planning into shape so that you can have a PROFITABLE business. And not two years from now! You can take actionable steps right now to see more immediate results. Lynn has over 30 years of experience in this industry, and today, she’s sharing as much information as we could fit in one podcast episode, like: How to analyze your stock-to-sales ratio and where to find opportunities for improvement. The importance of understanding what your top AND bottom performing products are, and what to do with that information. How to best negotiate and leverage your distributor relationships. How to truly break down your financials and understand your profit baseline… and how to make it not-so-scary to start. Tips for managing your cash flow and NOT overspending on inventory. And so, so, SO much more. Like, how did we cover this much?!  Whether you’re struggling to make payroll or just looking to take your profits to the next level, Lynn is NOT letting you walk away from this episode without at least one actionable takeaway. So listen in now!  View Transcript Show Notes Join Us Online Find us on Facebook Join our Free Pet Industry Facebook Group Follow us on Instagram Read our Blog