A blog on issues affecting Australia's newsagents, media and small business generally. More ...

Sunday management tip: get a second opinion on your roster

When was the last time you have someone not connected with your business look at your roster?  It’s a good experience, getting a second opinion.

Anyone with retail experience will look at revenue per hour, return per employee.

While many of us are close with employees, the business itself must come first, especially if money is tight and net profit low or non-existent.

Almost every newsagency I am asked to review has spare capacity in their roster. Even saving one hour a week could be worth between $80 and $150 in sales depending on the cost of the hour of paid labour saved.

Ask a friend with business experience or a fellow newsagent. Their free advice could drop some welcome cash to your bottom line.

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Newsagency management

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