Christmas is Coming…What to Do Now!

By |September 12th, 2017|Categories: Articles by Abe Sherman, Budgeting & Planning|

It’s the second week of September and Christmas is coming. You have a number of opportunities to end the year in a healthier position. Read on for four things you should be working on this month.

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Protecting Your Computer from Ransomware & Spoofing

By |July 20th, 2017|Categories: Articles by Abe Sherman, Budgeting & Planning|Tags: , , , , |

Many retailers are realizing that they have to bring in something to start protecting and testing their product, both bought from the trade, or bought off the street. It’s probably time to make the investment to start protecting your store or brand. 

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BIG Newsletter: Death and Taxes (or if There’s a Will, where is it?)

By |November 10th, 2016|Categories: Articles by Abe Sherman, Budgeting & Planning|Tags: , , , , |

This is about your Last Will. I was meeting with my attorney and accountant a few months ago, working with both of them on estate planning and my Will.

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BIG Newsletter: Strong Teams Lead To Success

By |October 13th, 2016|Categories: Articles by Abe Sherman, Budgeting & Planning|Tags: |

Football season has begun and I recently read an article on the ways to make "special teams" strong. One thing that strikes me every year is how some teams just seem to gel, they come together and just work well.

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BIG Newsletter: Profit First

By |July 28th, 2016|Categories: Articles by Abe Sherman, Budgeting & Planning, Financial|Tags: , |

We need to go on a “Business Diet”. We all pretty much know what we have to do, even when we have to lose weight, we all know what steps we need to take to accomplish our goal. But how do we get the discipline to do it. The key is implementing a new way of life and putting procedures in place to insure that we don’t fall off the wagon.

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BIG Newsletter: What Happens in Vegas….

By |June 14th, 2016|Categories: Articles by Abe Sherman, Budgeting & Planning|Tags: , |

So I just got back from 8 days in sin city, and WOW! Like most everyone else that attended, my feet are sore, my back hurts and I am exhausted. But with all that said, I am actually energized!

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BIG Newsletter: Let’s Make Our Industry Great Again

By |May 24th, 2016|Categories: Articles by Abe Sherman, Budgeting & Planning, Industry Insights|Tags: , , , , |

As a company BIG can’t do anything about the mood of the country but we can do something about the mood of our industry. We can take the opposite approach from what we are witnessing in our failing political climate.

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BIG Newsletter: How to Analyze the Year

By |January 5th, 2016|Categories: Articles by Abe Sherman, Budgeting & Planning, Industry Insights|

I spend many hours the week between Christmas and New Year analyzing what happened across the country to get a sense of the state of the economy, the industry and the individual jewelry company. I’m looking for context, patterns, signs to be optimistic about and signs of concern that cause me to pick up the phone.

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A Method of Determining Inventory Levels for Retail Jewelers

By |February 5th, 2015|Categories: Articles by Abe Sherman, Budgeting & Planning, Financial, Inventory Management, White Papers|

It’s important to understand the nature of budgeting inventory using a formula. I have attempted in this article to explain an approach for determining inventory levels that can be used by any business, regardless of its makeup. However, using a goal, such as GMROI to arrive at an inventory budget does not address the myriad [...]

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