Without a well-organized, well-oiled time-tracking system in place, retailers risk taking a major hit to their bottom line in the form of wasted billable hours. And the results of these types of scale-backs are slightly troubling. But as fundamental as time tracking may be when running an efficient retail operation, it’s this exact business function that often gets overlooked as retailers focus their attention on other big-picture issues such as revenue building, inventory upkeep, and shipping logistics. Here’s the most obvious thing you’ll hear all day: If you run a retail business that employs any kind of staff, you need to keep track of your employee hours.
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