Creating Positive Cashflow with an "Open to Buy"


Ever hear of a business that has too much inventory sitting on the shelves and not enough money to pay the bills? How about a business that has too much seasonal merchandise left at the end of the season? Tom Shay has observed both situations and knows why they have occurred. Both of these concerns are correctable when a business learns how to properly control ordering. Tom Shay will explain the principles of proper inventory control, how to apply these principles to an existing point of sales system, and how to utilize a free Open to Buy calculator from his Profits Plus website.

2:00 - 3:00 p.m. EST

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About the speaker 
Tom Shay

Tom Shay knows how to help business owners improve their businesses and resolve the challenges they face. He is an individual that not only has the knowledge but has the experience of having “been there and done that”. Tom Shay knows the intricate details of small business ownership. He has written hundreds of articles for trade magazines and authored a dozen books on the aspects of owning and managing the business. He works with small business owners as well as the wholesalers and manufacturers who serve them.

Shay has earned the Certified Speaking Professional (CSP) designation of which there are less than 700 worldwide.

Most importantly, those who have listened to Tom Shay and put his ideas to work in their business have improved their bottom line. While the personal stories he shares are entertaining, they add application to the information Tom shares.