November 17, 2020
9:00 am - 10:00 am
Overall Event Series Description:
The holiday season is fast approaching and that means this is perfect time to sit down with retail master, Tom Shay and learn how to make the most out of your finances, your inventory, and your business budget. In this unique virtual course, you will have the opportunity to work with Tom Shay in a personal setting with a limited amount of students and work through any issues or problems the COVID-19 pandemic has posed to your business. This course will be discussion based allowing for plenty of personalized assistance.
Session 3 Description
Inventory; the best investment you can make when you do it correctly: Inventory control should be more than just replenishing what you have sold. Join us for this class; together we will map out the plan to have your inventory greatly increase the return on investment (ROI) it provides to you. All you have to do is look at other retailers during the pandemic to understand the importance of this topic.
And that dead inventory you have? We’ll take care of that, too.
Presenter: Tom Shay is a fourth-generation small business owner. His experience is that as an independent retailer, wholesaler, and manufacturer. Recognized for the unique approach to human resources utilized in a family business, Shay was asked if he could share the techniques in a book to be published by a national trade association. Shay’s areas of expertise are financial understanding, business strategy, marketing skills, staff education and sales. He has created over 50 topics in business management including one on business management after the Covid19 virus which was recently delivered to the Houston SBDC.