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From Metrics to Millions: Unlocking Profitability with Naomi Granger (NACAT Pros)
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Join us on Kaya Cast for an enlightening episode with Naomi Granger of NACAT Pros, where we delve into exactly what every business should consider before expanding. As an experienced accountant in the cannabis industry, Naomi shares invaluable insights into the operational metrics that drive profitability.
Discover why it's crucial for business owners to understand their operations inside out before expecting profitability from their accounting professionals. Naomi explains how factors such as inventory management, staff training, customer engagement, and marketing campaigns directly impact a business's bottom line.
Learn about the significance of tracking KPIs like average ticket price per customer, units per transaction, attachment rates, and customer preferences in different regions. Naomi emphasizes the importance of aligning inventory assortments with customer demands to optimize sales and reduce costs associated with carrying the wrong inventory.
But it doesn't stop there! Naomi sheds light on the hidden costs retailers often overlook, such as employee turnover and training expenses. She emphasizes the significance of not just hard KPIs but also soft KPIs, which can significantly impact a business's financial health.
Tune in to Kaya Cast for an eye-opening discussion that will equip you with the knowledge needed to make informed decisions and drive your business towards sustainable growth and profitability. Don't miss out on this opportunity to gain actionable insights from a seasoned industry expert!
Follow Naomi Granger and NACAT Pros for more valuable tips and updates!
Find out more about NACAT Pros here:
https://nacatpros.org/
https://www.instagram.com/nacatpros/
https://www.facebook.com/Nacatpros
https://twitter.com/NacatPros
https://www.linkedin.com/company/nacatpros/
#NACATPros
#NACAT
#Dispensary
#Cannabis
#Cannabisindustry
#Tax
#Accounting
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