Retail audit is based on the results of retail sales of the products of the studied group and the subsequent analysis of the assortment, prices, distribution tools, and advertising materials. A retail audit is commonly understood as a method of…
Retail Audit: A Tool To Check The Place Of Your Brand In The Market
A retail Audit, is a type of research that allows you to both preliminary study the business, assessing the profitability of a new store, and raise the dynamics of sales and profit of an existing outlet. A retail audit is…
Most Important Element Of A Business: Retail Audit
For the correct management of the activities of a trading enterprise, it is necessary to have complete, accurate, objective, timely and sufficiently detailed economic information. This is achieved by maintaining business records. Depending on the nature of the data, methods…
The Value Of Internal Audit In Retail Sector
Today, every business has its own internal control system, although it has not been detailed or written down. However, an effective internal control and internal audit play a major role in the proper fulfillment of the responsibilities of the employees…
Measure And Monitor Your Retail Success With An Audit
For many retailers, growth is the most desired goal. And for most retailers, a growth strategy means expansion, an increase in the number of retail objects, products or ideas. It is, of course, a key factor in building a large,…
Inspect your point of sale with retail audit
How sales take place at each retail outlet and what influence prices, merchandising, advertising and POS materials, and the activity of competitors have on them- such questions are relevant today for many suppliers and manufacturers of goods. An important tool…
Demand for internal audit is more than ever
Modern society cannot be imagined without trade. This realm of life is important to each of us, and no production can function normally without trade. Thanks to this, the distribution of goods in production and consumption is carried out. It…
The Importance Of Retail Audit, Well Beyond The Regulations
The figures of your business do not add up? The costs and expenses reported in accounting at the end of the month are greater than your income, at the time of making physical inventories to your warehouse, are missing differences…
Reduce Costs With Retail Audits And Grow Your Business
Any company that produces FMCG (fast moving consumer goods) products faces the problem of finding information about the market as a whole and about its competitors. In the absence of this information, the company’s actions cannot be adequate to the…
Role Of Audits In The Economy
Today, enterprises with various organizational and legal forms and various forms of ownership have the opportunity to independently organize the production and sale of any product, choose a wage system that suits them, methods of tax and accounting, and much…