Retailing involves a lot of investment in terms of merchandise, real estate, infrastructure
building investments and human resources. All this needs to be managed and optimized
for better operational efficiency a?d a healthy ROI (Return on Investment). Therefore,
it becomes important to understand the various dimensions of finance management in
the retail scenario.
Thus, managing finance in a retail store decides the most critical aspects of business plan
building investments and human resources. All this needs to be managed and optimized
for better operational efficiency a?d a healthy ROI (Return on Investment). Therefore,
it becomes important to understand the various dimensions of finance management in
the retail scenario.
Thus, managing finance in a retail store decides the most critical aspects of business plan
like:
- Budget planning
- Performance measure
- Resource allocation
- Future business estimation
- Analyzing present business