Motivate Employees Archives - Cutting Edge Products

Costs Up and Sales Down? Take Steps to Increase Profit Margins

Posted by Contributor
On November 2, 2022
Cutting Edge Products Magazine, Motivate Employees, Spotlight on Business, Wanda Lenoir

Some retail operations face an uphill battle to generate sales this holiday season. Yet, there may be better options than taking drastic measures to increase profit margins. When confronted with spiraling costs due to high inflation, retailers may opt to lay off loyal employees or give the store away by offering shoppers exorbitant discounts. There are ways to deal with rising costs and declining sales that can improve operations and provide long-term benefits.

6 Ways to Motivate Employees Beyond Pay and Benefits

Posted by Wanda Lenoir
On October 19, 2022
Cutting Edge Products Magazine, Motivate Employees, Spotlight on Business, Wanda Lenoir

Home improvement retailers know the people they employ are critical to the success of their business. However, it can be an ongoing challenge to hire and retain employees who share your vision, are consistently productive, and display a positive attitude. Yet, it's possible. Some hardware stores experience little turnover and have maintained a top-notch staff for years