Indie retailers are entrepreneurs. Baked into our DNA is the need to build and create. That requires an element of risk. Focusing on the unpredictable however, is not the best use of your time and energy.

Remember what Albert Einstein said: “If I had an hour to solve a problem, I would spend the first 55 minutes determining the proper questions to ask, for once I know the proper question, I can solve the problem in less than five minutes”

The question often comes up: How much cash should I have in the business? It is not only a good question but also a good goal to achieve. Having adequate liquidity enables peace of mind, creating better focus on managing your business…

For indie retailers to grow, they require leadership from the owner. A leader suffering from these seven blind spots is not operating at full capacity. Recognizing and addressing these blind spots is essential.