A Twelve-Month Action Plan
Take the guesswork out of developing your shop’s annual plan. The Twelve-Month Action Plan is a 50-page guide that will keep you and your shop running on schedule. Sample page
- 30+ sales event and promo ideas and tips to move merchandise
- Monthly to-do list and tradeshow reminders
- Display solutions and ideas, what to display and when, and shop signage
- Mark down scheduling and roadmap for what to buy and when
- Shop operating best practices plus staff and volunteer management
Hospital Gift Shop Manager Job Description
This job description outlines responsibilities and qualifications for a Hospital Gift Shop Manager. It covers operations, staffing (paid & volunteer), financial management, inventory, and merchandising.
- Full job summary and management duties
- Volunteer and paid staff supervision responsibilities
- Financial tracking, budgeting, and reporting duties
- Inventory, buying, and merchandising knowledge
- Event planning and marketing expectations
- Qualifications, experience and education requirements
How to Conduct a Physical Inventory
It’s crucial for gift shops to take an annual physical inventory. It is one of the most important “accounting” activities a shop can perform. Use this step-by-step guide to conduct your shop’s annual physical inventory. The guide includes:
- Why a physical inventory is crucial
- Why take inventory at retail prices
- How to prepare your shop for the inventory
- What to do on inventory day
- Worksheet templates
- Necessary formulas and calculations
- How to convert from retail to cost
Guide to Calculating Shop Profitability
How does your shop profitability measure up? Are you doing as well as other shops of comparative size? The guide contains steps to determine your shop’s profitability and how it compares to other shops across the country. Calculate profitability in sales per sq. ft. and net profit margins. Includes bonus calculations for:
- Sales Per Square Feet
- Cost of Goods Sold
- Gross Profit Margin
- Markdowns and Shrinkage
- Operating Expenses
- Salary Costs
Implement Employee Payroll Deduction
Employee Payroll Deduction increases an employee’s buying power and helps drive revenue. This detailed implementation guide walks you through the steps for requesting, selecting, and implementing an employee payroll deduction system.
- Benefits and risks of payroll deduction
- Template letter of request to hospital admins
- Payment option plans
- Guidelines for POS integration
- Payroll Deduction Authorization Form
- Purchase policy best practices
- Template letter for recovering funds
Working with Volunteer Auxiliary Boards
This practical guide offers valuable insight into the delicate balance between paid managers and volunteer boards in hospital gift shops. It outlines the roles, expectations, and essential communication strategies for running a successful, collaborative shop operation.
- Managing in volunteer environments
- Building a strong board relationship
- Fair, objective performance evaluations
- Clear job descriptions & constructive feedback
- Conflict resolution & diplomacy strategies
- Financial reporting, profit tracking & expense management
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