Australian Newsagency Blog

A blog on issues affecting Australia's newsagents, media and small business generally.

New financial year suggestions

Mark Fletcher
July 5th, 2019 · No Comments

Here is a list I have put together of things small business retailers could reasonably consider at the start of this new financial year:

  1. Change your passwords. Share them sparingly.
  2. Review your department and categories. Ensure they accurately reflect your business and how you want performance reported.
  3. Review system use to determine if fraud is an issue. Our help desk team can help business owners (and only business owners) with this.
  4. if you are not using Discount Vouchers, consider it as it continues to be the easiest and most effective revenue and return visit building tool we have see.
  5. Review your opening hours / roster based on a revenue by time assessment.
  6. Take a look at workflow at the counter. Look at steps you can take to streamline the experience. More efficient sales will help drive sales revenue.
  7. Set aside every invoice that you currently enter manually. Email a copy to us at support@towersystems.com.au along with supplier contact details. We will reach out to them for you, encouraging them to provide you with an electronic invoice, which will save time and improve data accuracy.
  8. Consider cloud based backupfor faster, safer, backups.
  9. If you have a website, consider an SEO campaign to lift its profile. If your website is more than two years old, consider a refresh or replacement.
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Category: Newsagency management

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