Retailer Survival Guide: managing cash flow from September to November

Episode 221

In this episode of the Resilient Retail Game Plan podcast, I tackle the challenges retailers face from September to November, focusing on cash flow management and strategic stock handling.

I delve into the reasons behind the cash flow pinch during this period, such as holiday season stocking and payment timing issues. I share practical advice on delaying expenses, collecting owed payments, and using detailed cash flow forecasts. I also introduce my 'Stock Doctor' service to help manage underperforming stock and emphasize the importance of balanced inventory year-round.

Tune in for actionable insights to navigate cash flow challenges and boost your retail success during the holiday season.

[00:00] The Seasonal Cash Flow Crunch

[00:33] Understanding the Retail Cash Flow Pinch

[02:15] The Impact of Holiday Preparations

[05:39] Strategies for Managing Payments

[09:20] Creating a Sales and Stock Plan

[10:46] Importance of Cashflow Forecasting

[12:09] Optimizing Stock for Better Cashflow

[13:03] Strategies for Managing Excess Stock

[13:41] Planning for Seasonal Inventory

[15:36] Final Tips for Cashflow Management

[17:03] Resources and Support