What Are Good Margins for Retail?

Understanding Profit Margins in Retail According to Shopify, a 5 percent net profit margin is considered low, while 10 percent is considered average and 20 percent is high. An ideal gross margin figure for retail is 50 to 70 percent. Strategies for Profit Maximization Assessing Product Profitability: Understand which products contribute most to profit margins … Read more

Does Your Dog Know You Love Them?

Dogs and Love Your dog knows you love them. Oxytocin is the “love chemical”. Humans and dogs connect neurally. When staring at your dog, oxytocin rises in both your and your dog’s brain. Pet parents feel joy from this bond. Staring with adoration releases oxytocin, a dog’s “hug”. Your dog licking you shows they know … Read more

What Are the 5 Qualities of a Good Leader? Top 5 Qualities of a Leader

Decision making Vision Communication Building relationships and trust Integrity and honesty What are the 5 qualities of a good leader? Leadership requires certain qualities for long-term success. Decision making is at the top of the list. Vision is another quality. Communication is key. Building relationships and trust enables a leader to motivate followers. Integrity and … Read more