Weekly Furniture Management Tip # 50 - A Good Leader...

Furniture World News Desk on 7/16/2012

by Roy Miller, President
Country View Woodworking

A GOOD LEADER....

understands the thought priorities of leaders who are managing corporate capitol are:

• First: Cash flow - controlling payables and receivables
    
• Second: Controlling inventories - presenting current marketing trends
    
• Third: Promotion of the store, the quality and the selection of the products - stressing brand name identification
    
• Fourth: Merchandising - understanding how to display in relation to traffic flow and presentation of products predicated on profitability: encouraging add-on sales
     
• Fifth: Personnel turnover - satisfied personnel and satisfied customers
     
• Sixth: Seasonal close-outs - replacing shop worn goods with new products and without loss of profits

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These weekly “Monday Morning Management Tips” are jointly provided by both Country View Woodworking and Furniture World.

About Country View Woodworking: Did you know CVW is a respected leader in new ideas and innovation of formal and casual dining furniture? Comments about these weekly tips can be directed to Roy Miller (Country View Woodworking http://www.cvwltd.com) care of editor@furninfo.com.

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