If you think MARKDOWNS are just “business as usual”, you’re kidding yourself and creating a huge cash flow hole. You might be able to get along without PROFITS, but markdowns take away your contribution to OVERHEAD (rent, utilities, payroll, advertising, insurance, etc.) the money you need to keep the doors open. Without that, you have to add more of your own funds, borrow from banks or worse to raise the cash to pay your overhead. That borrowing or taking more markdowns creates a deeper cash flow hole that never gets filled.
The solution is OPEN TO BUY planning. When you buy the right quantities in the right categories for delivery at the right time, you’ve set your store on a course toward total profitability. It is actually the only way to stop the markdown cycle and turn your bottom line around. And guess what – IT’S REALLY EASY! Spend a little time setting up and maintaining your plan and STICK TO IT and you’ll find that retailing is a snap. Your merchandise will be fresher, turn faster, and you’ll reduce your markdowns and always have cash in the bank. You can do it, we can help!
myotbplan.com is the best open to buy system available! It’s easier, more accurate, more accessible, better supported, and the only one that’s guaranteed. We have no contract, you have no risk! Call 310-829-5148 today with your questions at or just fill out the no obligation Subscribe form online and we’ll call you. Why wait?
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