Omni Capital Retail Finance Ltd’s Post

Could you reach new sales goals with our retail finance solution? Use our Approvals Calculator to see how you could increase sales and revenue with our solutions: https://lnkd.in/d-54P-gq #retail #finance #sales #insights

In-house financing can significantly grow your customer base, drive sales, and help with steady cash flow. However, it's essential to understand how to implement it correctly in your retail business to ensure success. Get all the insights on in-house financing from our latest blog post, click here to read: https://lnkd.in/g-Q6kwcU #Denefits #blog #InHouseFinancing #RetailGrowth #BoostSales #CustomerFinancing #BusinessStrategy #RetailSuccess #CashFlowManagement

Transform your retail game with our expert insights on mastering retail accounting! 📊💼 Unlock the power of efficient inventory management and financial optimization for unparalleled business success. Dive into our comprehensive guide today! #RetailSuccess #BusinessTips #b2b #b2bmarketing #accountingtips #FinancialSuccess

May the force of your customers buying power be with you. 🌑 🪐 🚀 Unleash your customers spending power with you, with our range of retail finance products to empower your customers! #buylineltd #retailfinance #retailsales #finance #retail #championsofthesme #buynowpaylater #sme #fintech #increasingyoursales #increasingsales

In the retail business world, cash flow reigns supreme in the short term over profit. While profit signifies a business's overall financial well-being, cash flow is the lifeblood that enables meeting daily expenses, settling bills, and handling operational costs. Profitability alone doesn't guarantee operational efficiency – without ample cash flow, businesses can face operational hurdles, despite being profitable on paper. A robust cash flow is pivotal for retail businesses to stay nimble, manage inventory effectively, and seize opportunities promptly. While profit sets the foundation for long-term growth, maintaining a healthy cash flow is indispensable for immediate survival and seamless business operations. #CashFlow #RetailBusiness #FinancialHealth 📈💰 @elnagar

Retail businesses would benefit from theses industry specific topics: 3. Cash Flow Management - Cash vs. Credit Sales: Track cash sales separately from credit card or online sales for accurate cash flow projections. Consider using daily or weekly cash flow statements. - Cash Reconciliation: Reconcile cash on hand with sales reports daily to prevent discrepancies. 4. Expense Tracking - Categorize Operating Expenses: Break down expenses into categories like rent, utilities, marketing, and labor for easier financial analysis. - Monitor Shrinkage: Record losses due to theft, damage, or spoilage, as this directly affects your profit margins. Cash flow management means tracking cash and credit sales separately and checking daily that the cash matches sales reports. Expense tracking involves grouping expenses into categories and keeping track of losses from theft or damage. #departmentstores #convienencestores #supermarkets #discountstores #specializedshops #momandpopstores

Embedded Finance Performs Double Duty as Sales Enablement Tool The retail sector is struggling with economic volatility and cautious consumer spending. Experts from Versatile Credit, TD Retail Card Services, and AVB Marketing advocate for embedded financing as a solution. Independent retailers often lack the resources for new initiatives, but AVB offers comprehensive support, including consumer financing through partnerships with TD and Versatile Credit. This collaboration reduces transaction friction, improves customer engagement, and provides valuable data insights. Consequently, retailers can increase sales, attract repeat customers, and compete with larger companies. https://okt.to/3AiXt0

Implementing a Cash Discount Program offers several key benefits: Reduced Processing Fees: Save up to 4% on every transaction by incentivizing cash payments, significantly lowering or eliminating credit card processing fees. Improved Cash Flow: Keep more revenue, allowing for reinvestment in your business or savings for future expenses. Enhanced Customer Loyalty: Customers appreciate saving money, fostering loyalty and encouraging repeat business. Simplicity and Transparency: Clear communication about cash discounts simplifies pricing and builds trust with customers. Competitive Advantage: Stand out from competitors still absorbing processing fees, attracting more customers. Compliance: The program adheres to cash discounting guidelines, ensuring your business remains compliant. Positive Impact on Your Bottom Line: Enjoy healthier profits and better financial stability.By adopting the Cash Discount Program, you not only cut costs but also enhance customer experience, positioning your business for growth. To learn more www.cashdiscount.pro #smallbusiness #businessowner #retailer #business #cashdiscount

Retailers, make your "new normal" depositing cash in seconds, not in hours, in line ups or off site (circa 1999). Or, test tracking every deposit knowing in real time, which store has yet fulfilled their deposit drop, versus calling/emailing Managers (circa 1975). Businesses are saving substantial time (and op costs) with digitally tracked deposits, with drop boxes in mall, adjacent their store front, accessible during retail hours. It's 2024! Businesses deposit their cash now at #Clip. Find us coast to coast. www.clipmoney.com #smartdeposits #digitaldeposits #retailoperations #accessibility #visibility #businesseshelpingbusinesses

It is essential to understand the cash conversion cycle. For example, a retail business buys and sells goods, hopefully at a profit. The cash conversion cycle starts when cash is used to purchase goods. To read more, please visit the link below! https://lnkd.in/et9_Vxuc