With the coronavirus infection rate increasing rapidly, many countries have felt the effects of the pandemic. Singapore as a whole has managed to keep a tight control over the situation. But it is far from over, we all have a part to play in order to keep the virus from spreading. As such, here are few tips to follow to ensure we stay safe and healthy.
A well trained cashier can heavily change the customer experience. Having a great cashier shows off how a company does business and is a representation of a company’s image. As such investing your time in honing your cashier helps ensure your business runs smoothly.
Innovations have continually improved existing technology and constantly changed the way we do business. For retailers and restaurants in Singapore, many are shifting to a Cloud based Point of Sales (POS) system because of the benefits it offers.
Singapore retailers and F&B businesses have been feeling the effects of the COVID-19 outbreak ever since Singapore raised its DORSCON alert to Orange. Here are three key lessons retailers and eateries can take away from this ordeal.
Whether you’re a local start-up or large company every manager abides by a simple rule. Maximise Profit and Minimise Cost.
Many Singaporeans are celebrating their $300 “ang pao” after yesterday’s Budget 2020 speech. However, for local retailers there are even more reasons to be happy. Below are three important takeaways from the 2020 budget statement if you’re a retail owner.
There are numerous aspects when operating a retail or food and beverage (F&B) business. Such businesses call for a wide range of skills, ranging from administrative, management to marketing. No doubt it is a daunting ordeal. Not only will you need to juggle these tasks but your team will need to do it well to ensure the business runs smoothly.
Operating a business require you to take several roles outside of being a business owner. You will need to handle administrative, marketing and operations. To not stretch yourself too thin, you will need to delegate certain tasks to others. Such help does not limit itself to the actual workforce, but it also extends to implementing automated systems.
As a business, your end goal is to increase your bottom line and maximise your profit. Grab any opportunities that offer a chance to get closer to your goal, no matter how small of importance it may be.
No matter the type of business you may run, inventory management is a beneficial skill. Inventory management is the keeping track of your stocked goods and monitoring its movements. Doing so will give you an idea of when to replenish your products and in its exact volume.
