Vicki Adrian brings a daily dose of inspiration
and education for entrepreneurs and savvy retailers! Today we're
going to focus on my Monday theme: Financials.
Now, this might be the part of your business that really gets
you excited, but it is not my favorite thing! Here are some of the
things that I like to focus on on Mondays.
Payroll information is due to our accountant by noon every other
Monday, so this get's top priority.
Get Bills ready to pay – Our bookkeeper comes in on Monday
afternoons to write checks for the week so I need to have paperwork
ready for her..
Look at Bank Accounts online – We really should be looking at
our accounts more than just once each week, but on Monday, it is on
the list and must be done!
I take a hard look at our sales recap from the prior week, and
compare to the previous year…are we trending up or down? Was the
weather a factor? Did we have a similar event that brought people
in? Where are our numbers for the quarter? Year to date? Previous
year comparison?
Set and/or re-adjust the sales goals for the next few weeks. I
try to do this about once a month rather than on a weekly basis.
Sales goals should always be top of mind though, so we are looking
at them daily!
I do have a form that we track our daily sales on, and would be
happy to share it with you…just send me a request via email:
Vicki@RemarkableRetailer.com. I have 3 ring binders with several
years sales totals, and go back 3 years when setting our new sales
goals.
I meet with our accountant about once a month and if we can
possibly meet on a Monday, even better!
We also place orders on Monday. After a busy weekend, while
things are still fresh in our mind…plus many of our vendors can
ship right away and we'll have the product by Wednesday or
Thursday…in time for next weekend's sales.
Monday is also a day for tackling the email inbox, the real
mailbox, and to get re-organized from the weekend. It seems like
things can really pile up after the weekend!
Just as important is…What should I NOT be doing on Monday?
Jumping between social media sites, running to the post office,
rearranging the store, etc.
I hope this week's Episodes will help you to set a goal of
focusing on particular parts of your business each day, rather than
jumping back and forth between things all day long. I really feel
that it helps to MAXIMIZE your time each work day.
I would LOVE to hear your thoughts on Theming Your Days...Please
send me an email at Vicki@RemarkableRetailer.com or head over to
our website at
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community at
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Thank you for joining us!
~Vicki Adrian
Vicki@RemarkableRetailer.com
