248. Doing a Cost-Benefit Analysis of Extending Store Hours
Manage episode 481379557 series 3561585
At first glance, extending store hours might seem like a simple decision. Just “stay open a little later, and customers will come,” right? But, not quite. A decision like this deserves a thoughtful approach, and that’s where a cost-benefit analysis can make all the difference.
But, if you’re wondering why, this is for you. Here are five reasons why you should do a cost-benefit analysis of extending your store hours.
Listen to episode 248 for five reasons why conducting a cost-benefit analysis is so valuable when you’re considering extending your store hours. For shownotes visit www.savvyshopkeeper.com/episode248.
Kathy Cruz is an Independent Retail Coach who helps store owners work smarter, profit more, and grow their brick and mortar businesses. Connect with Kathy and learn more here:
Website & Mastermind Group: Savvy Shopkeeper Instagram: @savvyshopkeeper
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