Savvy Shopkeeper Retail Podcast

Dec 10 2024 267 ep. 21 mins 7
Savvy Shopkeeper Retail Podcast artwork

Host, Kathy Cruz is a retail business coach who owned a retail business with her sister for a decade. She knows firsthand that running a retail business, both online and in a brick and mortar has its challenges. Kathy is passionate about teaching independent retailers how to work smarter, profit more and grow.

  Business
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236: Understanding the New Beneficial Ownership Information Requirement for Small Businesses in the US

Dec 10 2024 26 mins  
DISCLAIMER: This episode was originally scheduled to air on December 5, 2024, but legal developments and a busy week caused some last-minute delays. After months of postponing this topic due to ongoing legal uncertainties, I felt it was finally time to address the Corporate Transparency Act (CTA) and the BOI (Beneficial Ownership Information) requirement—a regulation many small b

235. Cash Flow Part 3: Why Profit Doesn’t Always Equal Positive Cash Flow

Nov 21 2024 22 mins  
Understanding the financial health of your retail business extends beyond just recognizing your profit. In this insightful episode, we're diving into the complexities of retail business finances and learning why being profitable doesn't always mean having a positive cash flow. We’re reviewing the three critical financial statements in an indie retail business: the profit and loss

234. Cash Flow Part 2: What's Draining Your Store's Cash Flow? Identifying the Root Cause

Nov 07 2024 22 mins  
If you’ve ever faced a cash flow struggle, you know how much stress it can cause you. But before you address the issue, you need to identify the root cause. Are you truly dealing with insufficient income, financial mismanagement, or operational inefficiencies? Or are you experiencing seasonal cash flow crunches that are common in the retail world? Listen in as I break down these

233. Cash Flow Part 1: Cash Flow Uncovered—Why Cash Flow is More Than Your Revenue

Oct 24 2024 19 mins  
As retail business owners, revenue is often top of mind. But revenue alone doesn’t give us the complete picture of your store's financial health! That’s why we’re uncovering the intricacies of cash flow in a new three-part series. Listen in to learn the critical components of cash flow and how managing cash flow effectively protects your indie retail store from financial turm

232. The Ugly Truth About (Peri)menopause While Running A Business

Oct 10 2024 20 mins  
Running a business is already challenging, but dealing with the symptoms of perimenopause while running a business has made the last two years incredibly difficult. That’s why I’m sharing the ugly truth about perimenopause as an entrepreneur and how it affects not just our personal lives, but our businesses, too. In this episode, I’m opening up about my journey through this p

LISTEN ASAP: Rallying for Retailers: Hurricane Helene Relief Donation Drive (3 Ways You Can Help!)

Oct 02 2024 10 mins  
Originally, I planned to record a quick episode to talk about the upcoming Retail Email Bootcamp and let you know that the calendars in the Savvy Shopkeeper planners start now. However, I first want to acknowledge the devastation caused by Hurricane Helene, particularly in states like North Carolina, Florida, and Georgia. The images and stories coming out of these areas are heartbr

231. Manifested Success: A Self-Aware Journey of Building a Dream Store with Ceri Otero of Carthage Olive Oil

Sep 26 2024 48 mins  
Ceri Otero didn’t dream of being a shopkeeper as a kid. But when she decided to open a specialty olive oil and vinegar shop in Carthage, Missouri, it felt like all the threads of her life were coming together. From selling Avon in 8th grade to a stint as a corporate HR representative to merchandising for Hallmark, each of Ceri’s previous jobs had prepared her for running an ind

230. Five Ways to Increase Inventory Entry Efficiency

Sep 12 2024 17 mins  
Customers love visiting indie retail stores and discovering new items, and many indie shopkeepers revel in curating fresh finds for their stores. The part that isn’t enjoyable? Adding new items to your inventory system—especially if your inventory entry process is manual. Whether you're managing hundreds of new SKUs or reordering popular products, you don't have to feel overwhe

229. Building a Legacy Business with Jolene Forrester of JoRetro

Aug 29 2024 37 mins  
Jolene Forrester, owner of JoRetro in Havre de Grace, Maryland, has built a thriving legacy retail store with multiple streams of income. What started out in a small antique mall booth has grown into a 5000 square foot retail store with vintage treasures, niche retro-style products, a twice-annual Pyrex & Vintage Festival, and a thriving Airbnb apartment rental business. With an ex

228. Planner Problems Solved: Discover the Real Culprit Behind Your Planning Struggles

Aug 15 2024 22 mins  
If there’s one thing that nearly all indie retail store owners struggle with, it’s planning. And when we struggle with planning, using a planner is next to impossible! But our planner problems CAN be solved when we address the real culprit behind our planning struggles. Listen in to discover the real culprit behind your planning struggles. Plus, you’ll learn how to build new