A small business may use the conventional retail inventory method to track costs of purchasing products from manufacturers and sale prices to consumers. This inventory method is useful for a small ...

Two methods exist for calculating the cost/retail ratio. The first method, called the conventional retail method includes markups but excludes markdowns. This method results in a lower ending ...

The biggest thing we've learned along the way is that you don't have to take the conventional retail route succeed. We decided to do everything a little differently -- from the way we make our ...