July 2020

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Wed, 01/07/2020 Well consider how to do things differently

Now you are collecting information for your business for the end of the financial year. In the business world, the clock has been reset so many will talk to you, for example, your suppliers, accountant, bank and insurance broker etc.

It is time to consider what happened this year, see what has gone well and what has not gone well. More importantly, it is time to start planning for the new year.

 

 
 
Thu, 02/07/2020 See our country's latest economic snapshot, it is not bad

These figures are up to 10 June 2020

Before I looked at this, I would say we were worse than we are now. Going by these figures Australia’s economy and labour market are not bad. We have economic growth and our unemployment is better than compatible countries overseas.

 
 
Fri, 03/07/2020 Where in your shop should goods now be displayed?

 

 

The challenge retailers now face now is uncertainty. Consumer shopping habits have changed, for example, how now people are moving around the shop. In the past people wanted to browse, now you need to get their attention in a few seconds from the distance. This is the main comment people told me from yesterday's post.

What we need to do is see how shopping behavioural patterns have changed

 
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Mon, 06/07/2020 This is your last opportunity to  join our free webinar on EOFY reporting

We will be having a webinar on your EOFY reporting which we would love for you to attend. It will be hosted through Facebook Live, on Monday 6th July, at 10 am!




We will cover:

  • Profit / Loss 
  • Stock Valuations
  • Outstanding Customer Debts
  • Outstanding Subagent Debts

-General Discussion

 
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