Increasing Cashflow and Profit

On this week’s episode of The Retail Tea Break Podcast I’m joined by a guest who has a retail framework that boils down to implementing the basics, focusing on cashflow and profit. Alvin Narsey is a business coach and consultant with over 25 years of experience in the retail pharmacy industry. He has bought, grown and sold large pharmacy businesses in Australia and is now passionate about helping retailers achieve their business goals. Grab a notebook, Alvin shares lots of golden nuggets in this episode. So grab your cup of tea, sit back and listen in!Topics:The true importance of understanding cash flow Which is more important: profitability or revenueDiscounts eating profitability Shopper price sensitivityRecommended KPI’sComing up in 2024For more information visit: https://www.alvinnarseycoaching.com/Transcription and show notes available at: https://theretailadvisor.ie/