When Your Store Is Losing Money
Profitability is not a luxury; it is survival. Whether you need a quick diagnostic, a full turnaround, or ongoing mentorship, we have a structured engagement model for you.
Option 1
Diagnostic “Deep Dive”
Ideal for stores that are breaking even but feeling pressure. We come in to identify exactly where the leaks are before they sink the ship.
Includes:
- Full Financial Audit (P&L Analysis)
- Operational Compliance Review
- Shrinkage Hotspot Identification
- Staff Competency Assessment
Option 2
Turnaround Intervention
Emergency Surgery. For stores currently losing money or facing creditor pressure. We step in to practically manage cash flow and operations.
Includes:
- Immediate Cash Flow Control
- Creditor & Supplier Negotiations
- Stock Rationalization (Clearance)
- Expense Restructuring
Option 3
Ongoing Mentorship
We act as your external Head Office, providing monthly guidance and oversight to prevent future losses and drive sustainable growth.
Includes:
- Monthly Management Accounts Review
- Strategic Planning Sessions
- KPI Setting & Tracking
- Vendor Performance Reviews
Our Service Pillars
Specific areas of operational excellence we implement within our engagement models.
Financial Management
Reviewing Gross Profit (GP) percentages, analyzing expense line items, and implementing “Zero-Based Budgeting” to cut fat immediately.
Shrinkage & Security
Identifying theft hotspots (Receiving, Front End, Internal). Implementing strict control documents for waste, returns, and staff purchases.
Merchandising & Range
Rationalizing the product range. Getting rid of “dead stock” that ties up cash. Negotiating better deals and rebates with suppliers.
Labour Productivity
Analyzing staff scheduling vs. trading peaks. Ensuring the right people are in the right place at the right time. Implementing performance appraisals.
Let’s Talk Business
Ready to optimize your operations? Fill out the form, and our retail strategy experts will be in touch.
+27 82 567 9174
info@ridbs.co.za
Location
Durban, South Africa
Send us a message
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