4. What are the points a retailer has to keep in mind to run a profitable business?
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2
Answer:
Increase prices.
Narrow your focus.
Limit the discounting.
Cut waste.
Schedule employees to need.
No overtime.
Don't schedule for the convenience of your employees.
Award extra hours based on merit
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1
Answer:
To run profitable business a retailer needs to develop good relationship between the wholesalers and costumers. The quality of the product that he/she sells should be good. apart from it a retailer should also stock his shop with wide range of goods
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