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Without the right combination of financial and strategic resources in place, a poorly thought out expansion can easily stunt a growing business. Follow this guide to understand if your business is ready to open a second location and how to execute a successful expansion plan.

With multichannel selling, you take your business’s products and sell them on more than one platform, expanding your customer base and revenue potential. Learn more about multichannel retailing and ways to seamlessly integrate multichannel marketing into your business.

Being a successful business owner often means being an expert at analyzing key metrics and reacting to them. Important business metrics, otherwise referred to as key performance indicators (KPIs), tell the story of your business through sales, marketing, and inventory data points.

Stockout is when a business runs out of inventory for one or multiple products. When a stockout occurs, a business can’t sell or ship those products to customers. Stockouts’ most obvious negative impact is lost sales, but that’s not all.

While it may sound like it takes specialized skill, retail merchandising can be quite straightforward. At its core, it involves figuring out what your customers are most likely to buy and arranging your in-store displays to encourage those purchases.

Demand planning is the key to balancing supply and demand. Learn how it ensures efficient operations and satisfied customers.