Florists are always looking for ways to increase sales as the solution to their financial problems; however, if underlying processes are not running efficiently, then greater sales may just exacerbate the problem.
Find out best practices for design room efficiency as well as answers to other financial conundrums in Floral Shop Accounting 101, the No. 1 downloaded PDF from the Society of American Florists’ website.
SAF’s Floral Management magazine published Floral Shop Accounting 101 as a 17-part series covering balance sheets, payroll, collections, COGs, cash flow and more with advice from two floral industry finance experts — Paul Goodman, MBA, CPA, PFCI, president of Floral Finance Business Services and Derrick Myers, CPA, CFP, PFCI, president of Crockett, Myers & Associates, Inc. SAF compiled the series into one convenient PDF available to members only.
Members can access Floral Shop Accounting 101 as well as advice on Key Operating Targets and Pricing at safnow.org/floral-shop-accounting-101.