Running a shop
Stock, cash, suppliers, staff and growth — practical advice for running a shop.
Footfall Conversion Rate Formula for Retail Shops
Conversion rate shows how many shop visitors actually buy. Learn the formula, a worked ₹ example, how to count footfall and how to raise the rate.
Sell-Through Rate Formula for Retail Shops in India
Sell-through rate shows what share of the stock you bought has actually sold. Learn the formula, a worked ₹ example and what to do with slow items.
Average Bill Value (ATV) Formula for Retail Shops
Average bill value shows how much each customer spends per bill. Learn the ATV and units-per-bill formulas, a worked ₹ example and simple ways to raise it.
GMROI Formula for Retail Shops: Meaning & Example
GMROI shows how much gross margin each ₹1 of stock earns in a year. Learn the formula, a worked ₹ example and how to use it category-wise in your shop.
Reorder Level & Safety Stock Formula for Retail Shops
When to reorder each item and how much buffer stock to keep, with the reorder level and safety stock formulas and a worked ₹ example for Indian shops.
Cash Conversion Cycle for a Retail Shop: Formula & Example
How many days your shop's money stays locked in stock and udhaar before it comes back as cash, with a ₹ example and ways to free up working capital.
Break-Even Point for a Retail Shop: Formula and Example
How to work out the monthly sales your shop needs to cover rent, salaries and other fixed costs, with a ₹ example, a daily target and what moves it.
Inventory Shrinkage in Retail Shops: Causes and Fixes
What inventory shrinkage is, how to calculate it with a ₹ example, where stock goes missing in Indian shops, the GST effect, and how to cut the loss.
ABC Analysis for Retail Shops: Method and Worked Example
How to sort shop stock into A, B and C classes by yearly value, with a ₹20 lakh kirana example and how often to count, reorder and review each class.
Inventory Turnover Ratio for Shops: Formula and Example
How to calculate inventory turnover and days of stock for an Indian retail shop, with a worked ₹ example, category-wise checks and ways to free up cash.
Expiry Date Management for Retail Shops: FEFO Guide
How Indian grocery, pharmacy and FMCG shops can cut expiry losses: FEFO vs FIFO, batch tracking, a near-expiry report, returns, and GST on written-off stock.
Selling Above MRP in India: Rules & Penalty for Shops
Can a shop sell above MRP in India? What MRP includes, why you cannot add GST or a cooling charge on top, the Legal Metrology penalty, and how discounts work.
Closing Stock Valuation for Shops: FIFO, Average or NRV
How to value closing stock in an Indian shop: cost or net realisable value, FIFO vs weighted average, why LIFO is not allowed, and worked ₹ examples.
Cash Transaction Limits for Shops in India: ₹2 Lakh Rule
Cash limits for Indian shops: the ₹2 lakh receipt rule (269ST), ₹10,000 cash payment limit (40A(3)), penalties, split payments and a worked example.
How to Print Barcode Labels for Your Retail Shop
How to print barcode labels in your shop: EAN-13 vs Code 128, label sizes, thermal printers, what to print on each label and mistakes that stop scans.
Markup vs Margin: How to Price Products in Your Shop
Markup vs margin for Indian shops: formulas, a conversion table, how to price for a target margin, where GST and MRP fit, and what discounts do to profit.
Stock Statement for Bank CC Limit: Format and Guide
How to prepare the monthly stock statement for your bank cash credit limit: format, stock valuation, drawing power calculation and common mistakes.
Bank Reconciliation for Retail Shops in India: A Guide
Why your shop's bank balance never matches your books, and how to reconcile UPI, card, cash deposits and cheques every month, with a worked example.
How to Track Daily Shop Expenses in India
A simple system to track shop expenses in India: categories, bills, cash vs UPI, GST input credit and a monthly review that shows where your profit goes.
Sending Bills on WhatsApp: Digital Receipts for Indian Shops
Is a bill sent on WhatsApp valid under GST? What to include, how to collect numbers with consent, when to still print, and what digital bills save a shop.
Festival Sale Promotions for Retail Shops in India
Plan a Diwali or festival sale that makes money: pick the right items, check margin before discounting, get GST on offers right and promote it properly.
Tracking Supplier Payments and Dues for Retail Shops
How Indian retailers can track supplier dues, credit days, part payments and debit notes, match supplier statements, and avoid GST ITC reversal.
How to Do a Stock Audit in a Retail Shop in India
A step-by-step guide to physical stock counting for Indian shops: when to count, how to find shrinkage, fix mismatches and handle GST on lost stock.
How to Manage Multiple Retail Stores in India
Running two or more shops in India? A practical guide to stock, staff, cash, GST registration and reports across branches, without losing control.
Profit & Loss Report for Retail Shops: Read It Right
How Indian shop owners can read a profit & loss report: sales, cost of goods, gross and net profit, with a worked ₹ example and common mistakes.
Billing Data Backup for Shops in India: A Simple Plan
How Indian shops can protect years of invoices, GST records and customer data: a simple backup plan with automatic, offline and tested backups.
How to Recover Udhaar from Credit Customers in India
Practical steps for Indian shops to give credit safely and recover udhaar on time: due dates, invoice records and polite WhatsApp payment reminders.
Purchase Order Management for Retail Shops in India
A practical guide to purchase orders for Indian retail shops: raising POs, partial receiving, supplier dues and claiming GST input tax credit without errors.
Return & Refund Management in Retail Billing (India)
How Indian retail shops handle returns, refunds and GST credit notes without stock or cash mismatches, and how billing software makes it a 30-second job.
Billing Software with Multiple Cashier Logins in India
Multiple cashiers, one till, zero accountability? See how billing software with separate logins and permissions fixes shrinkage and shift confusion.
Low Stock Alerts for Retail Shops in India
Bestseller out of stock mid-sale? Here is how retail shops in India set low-stock alerts in billing software to reorder before shelves go empty.
End-of-Day Cash Reconciliation for Retail Shops
Cash drawer not matching your sales report? Here's how retail shops in India close the day fast with automatic cash-vs-sales reconciliation in RichPOS.
Inventory Management for Retail Shops in India (2026)
Retail inventory management in India, 2026: turnover ratio, reorder point, safety stock and dead-stock formulas, with rupee examples and a weekly routine.
How to Accept UPI Payments in Your Retail Shop (2026 Guide)
Accept UPI in your retail shop: show a merchant QR, get paid instantly to your bank with zero MDR, and reconcile every payment against the bill.
Retail Shop Licenses & Registrations in India (2026)
Opening a retail shop in India in 2026? You need Shop & Establishment registration, a trade licence, GST above ₹40 lakh, and FSSAI for food. Full checklist.
Reduce Dead Stock in Retail: A 2026 Guide for Shops
Dead stock locks up 20-30% of retail shelf value. Here is how to spot items that stopped selling, clear them, and stop dead stock coming back.
How to Choose Billing Software: 10-Point Checklist (2026)
A 10-point checklist for Indian retailers picking billing software in 2026 — GST compliance, inventory, multi-store, and support.
Barcode Inventory Management for Indian Retail Stores
A practical guide to barcode inventory setup for small Indian retail stores: label printing, stock adjustments, variants, and low-stock alerts.
5 Signs Your Retail Store Has Outgrown Spreadsheets
If closing day takes hours and stock counts never match, spreadsheets are costing you more than they save.