RETAIL DOCTOR HAS FORMULA FOR CLOSING YOUR BUSINESS

By Bob Nelson, President of POWER Retailing

In today’s competitive environment, the number 1 problem facing small business owners is maintaining bottom-line profits. Caught by the rising pace of competition and stagnant revenues, many are clamped between an inventory surplus and cash flow squeeze without knowing what to do.

“Mass merchandisers suck up community dollars like a vacuum cleaner,” said Bob Nelson, President of Powerretailing.com “When megastores enter a community, you’ll see the once-established retailers quickly close their store and go out of business.”

POWER Retailing has surveyed specialty store owners around the country and discovered a disturbing trend. The survey showed that many stores have witnessed a 30 percent or more drop in sales over the last year.

“The overwhelming response is that the retail business is tougher and more competitive than it has ever been,” said Nelson. “What’s more, it is more stressful and less fun. They can no longer survive by just being there, no matter how many years the store has been in the community.”

Over the past 25 years, POWER Retailing has consulted with thousands of retail clients throughout the country to help them increase their bottom line profits by implementing well-organized “exit” strategies.

POWER Retailing’s unique methods have caught the attention of Kenneth E. Stone, Ph.D., Professor of Economics at Iowa State University, and author of “Competing With The Retail Giants.” Dr. Stone commented, “POWER Retailing doesn’t offer theories, it offers a proven formula for success.”

For FREE information how to profitably sell your business for the highest possible price, call 480-460-1980 or e-mail: bnelson@retailing.com