Retail Business Masterclass PART 2: Inventory; Product Development vs. Sourcing & Pricing; POS
Retail Business Masterclass – Part 2: Inventory Management, Product Development vs. Sourcing, Pricing & POS** Webinar Description: This 2-hour masterclass gives SMEs the operational backbone they need to run a profitable, efficient retail business. Participants learn how to control inventory, source products strategically, price for margin and competitiveness, and use modern POS systems to track performance and reduce losses. The session is practical, tactical, and designed to help small retailers make smarter decisions that reduce waste, protect cash flow, strengthen supplier relationships, and improve overall sales performance. Participants leave with clear tools, templates, and decision frameworks they can apply immediately—whether they are operating a brick-and-mortar store, an online shop, or a hybrid model. 1️⃣ Inventory Management Essentials 2️⃣ Product Development vs Sourcing 3️⃣ Pricing Fundamentals 4️⃣ POS (Point-of-Sale) Systems
Speaker(s): Cecelian Henderson & Carmen Morris
Co-Sponsor(s):
Fee: No Cost
The NJSBDC is funded in part through a cooperative agreement with the