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    Welcome to YRC Retail Blog

    Retail & E-commerce Blog Topics

    Welcome to YRC Retail Blog

    Importance of Culture in an Organisation

    Importance of Culture in an Organisation

    Culture is shared beliefs, notions, practices and customs amongst the members of a group or a community. Culture of a community forms the foundation of the accepted as well as the expected code of conduct for its members.   To begin with, organisation culture...

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    Starting a New Business

    Starting a New Business

    Getting a new business to take off can be a very challenging task. At the heart of every business lies an idea or a concept of a product or a service which is meant to fulfill certain specific needs for certain specific users and under certain specific conditions...

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    Business Expansion Plan for Small Entrepreneurs

    Business Expansion Plan for Small Entrepreneurs

    Business expansion may seem like an uphill task for small-scale business enterprises. But expansion is essential for a business; not just for growth but also for survival. No business has ever become a great business without growth and expansion, even if such growth...

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    How to Develop Business Growth Strategies and Manage Growth?

    How to Develop Business Growth Strategies and Manage Growth?

    In today’s business environment, no business can afford to remain complacent with its achievements of the past or its grand opening run. If a business has to survive in the long run, it must learn to grow with its environment – demographics, industry, technology,...

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    How to Organize Business

    How to Organize Business

    “Drive your business. Let not your business drive you.” ~ Benjamin Franklin.   A business is a coming together of several functions, operations, activities, skills and resources to achieve certain desired goals and objectives. If all these functions and resources...

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    How to Write Standard Operating Procedure for Marketing

    How to Write Standard Operating Procedure for Marketing

    According to the American Marketing Association, marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. Even in small and...

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    How to Start a Retail Business in India

    How to Start a Retail Business in India

    Traditionally, there are two ways of selling a product – retail and wholesale. In retail, goods are sold in fragmented quantities; while in wholesale, it is done in lots. But whatever be the method of selling, a businessman or an entrepreneur need to organize it as a...

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    How Do I Reduce My Operating Cost?

    How Do I Reduce My Operating Cost?

    Operating costs refer to the expenses which a business enterprise has to incur to keep its operations up and running. Some of the examples of operating costs are office and stationery goods, traveling expenses, canteen expenses, electricity and telecommunication...

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    Symptoms of Poor Processes

    Symptoms of Poor Processes

    A business enterprise can achieve the pre-determined goals and objectives when its various functions like manufacturing, supply chain, marketing, HR, finance etc are successfully executed. And the successful execution of these functions depends on the efficiency,...

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    Why do we need to manage our staff efficiently?

    Why do we need to manage our staff efficiently?

    Employees form the most important constituent of an organization. Without people there can be no activities in a business. Even to run a computer or start a machine or manage a server, a business needs people. Conventionally, HR was considered as a part of...

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    Is a Franchise Business Profitable?

    Is a Franchise Business Profitable?

    Today’s business environment is marked by fierce competition, advanced digital technologies, changing demographics and complex market segments, to name a few. In order to survive and grow in this environment, business enterprises cannot afford to be content with the...

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