The Resilient Retail Game Plan Episode 133

5 Crucial Figures That You Need To Know To Boost Your Small Business In 2023

Podcast show notes

5 Crucial Figures That You Need To Know To Boost Your Small Business In 2023

In today’s episode of The Resilient Retail Game Plan, I want to give you my expert support in order for you to understand better the figures that can ultimately make or break your small business. We’re already barrelling towards March and 2023 is looking no less uncertain for independent retail – that’s why we need to embrace and closely monitor our numbers to help us stay in control and lay out a clear and confident strategy for the future of our brands.

This subject is actually the basis of a talk I did at the beginning of February at this year’s Spring Fair at Birmingham MEC, but I’m very excited to say that this episode will be discussed through the lens and give you a real sense of my brand-new, soon to be released book, “Tame Your Tiger: How to Stop Your Product Business Eating You Alive”. 

We’ll start by covering the Tiger’s bite. We’ll study the most important number in your small business – the ‘in-margin’, as defined by your product costs, and we’ll discuss how to grow your ‘out-margin’ by reviewing your sale-relative expenditure. We’ll also look at how much you’re feeding your tiger and how using break-even analysis can help model future costs. I’ll explain how the 80/20 rule can help you better identify the desires of your customers, and we’ll finish at the Tiger’s tail, where we’ll discuss the dangers of unproductive stock to the longevity of your small business.

Don’t forget – use the code: 10podcast to get £10 off your first month when joining The Resilient Retail Club.

To get your copy first, remember to pre-order Tame Your Tiger here.

Interested in being a guest or sponsor of The Resilient Retail Game Plan?

Drop us an email to let us know why you think you’d be a great fit for our audience of small businesses and independent retail brands

Great for ambitious retailers

Grow Your Small Business

Whether you want to grow your sales, your online presence or both, this toolkit is for you. Designed for anyone who has started their product business but is ready to see more results.

 
  1. E-book – Driving traffic to your website – a run down of all the ways you can push your sales
  2. Workshop replay – The Launch Lowdown with Elizabeth Stiles
  3. Introduction to wholesale – my mini-course with Therese Øertenblad
More from The Resilient Retail Game Plan

Dive into another episode of our small business podcast

Episode 254

Why Stock Feels So Overwhelming (And What You Can Do About It)

Claire Burrows, founder of Air & Grac
Episode 250

5 Lessons in Growing with Your Customers from Retail ROAR with Claire Burrows

Char Dixon - guest on Resilient Retail Game Plan
Episode 252

How to Use Storytelling to Sell More Without Sounding Salesy

Katie Glickman, Managing Director of Bibbilyboo on Resilient Retail Gameplan Retail by Design
Episode 251

How Retail by Design Helped a Founder Fall Back in Love With Her Business with Katie Glickman

Retail Business Gameplan - Host Catherine Erdly
Episode 250

Taking Time Off from Your Retail Business Without Losing Sales

Retail By Design Genevieve Sweeney
Episode 249

From Vision to Action with Stock Doctors and Retail By Design

News you can use

Join The Resilient Retail Club mailing list to receive The Weekly Sales Review, jam-packed full of useful information, events and expert advice for indie retailers, online sellers, Ecommerce brands and independent small businesses