12: Handling the Administrative Work that Goes Into Your Retail Business

There are a handful of essential questions I always ask clients and students because they effectively reveal valuable information about a business like its size, general revenue bracket , and state of growth.

When it comes to receiving business support as an entrepreneur or small business owner, sharing as much as you can about your operations is more revealing —​ and actionable — than sharing how much annual revenue your brand drives.

So here’s the million dollar question...

Merchant Method Programs · 012 Handling the Administrative Work that Goes into Your Retail Business

​How do you handle the administrative work that goes into your retail business?

It’s easy to villainize administrative tasks like replying to vendor emails, cataloging digital photos, and handling invoices as pesky to-dos.

But nothing can be further from the truth.

These administrative examples are just a few of many critical inventory-related aspects of running a profitable merchant business.

In this week’s podcast episode, you’ll learn the importance of:

• Reframing your point of view about business tasks
  
• Maintaining a sense of urgency especially if you don’t do the administrative work yourself
  
• Understanding the importance of organization even if you’re not naturally organized
  
• Embracing your role as a manager — of an employee, freelancers, or yourself
  

After you’ve listened, it’s time to take action! Remember: Knowledge and action are most effective when applied within the context of your unique business, using your unique style.

To help you find your path to business growth, take my free 60-second Retail Success Style quiz at MerchantMethod.com/Quiz. I can’t wait to learn more about you!

If you like this episode, here’s how to dive in even deeper.

➙ Learn alongside other retailers and makers inside my free podcast community at MerchantMethod.com/RetailShift. This is where you can get support on podcast topics, exclusive hot tips, and more.

With passion and purpose,

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