Retail Checks & Balances

By: Kevin Spencer
  • Summary

  • Welcome to Retail Checks & Balances!

    I'm your host Kevin Spencer and this podcast takes you behind the scenes of the bustling world of commerce and culinary delights to help you grow your business and WIN!

    For the past 22 years I've been helping retail businesses with maximizing their profitability along with process deliverables and I would like to share my expertise and what I've learned along the way.

    In each episode, we'll bring you captivating interviews with industry experts, passionate chefs, epic restauranteurs and inspiring retailers, as they share their insights, experiences, and the recipe for their achievements.

    So join us as we explore the fascinating stories, trends, and challenges that shape the retail and hospitality industry, from cozy corner cafes to sprawling shopping malls.

    If you want to star in your own episode reach out to

    bookings@retailchecksandbalances.com


    © 2024 Retail Checks & Balances
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Episodes
  • Birthday Gifts - How Loyalty Keeps Giving Back
    Oct 21 2024

    In episode 37 of Retail Checks and Balances, Kevin Spencer celebrates his birthday and discusses the significance of customer loyalty, particularly on special occasions.


    Tune in to discover how businesses can leverage these moments to strengthen customer loyalty and drive success in the retail and hospitality industries.


    TIMESTAMPS

    00:00:00 - Introduction to Retail Checks and Balances

    00:00:31 - Kevin’s Birthday and Customer Loyalty

    00:01:04 - Personal Birthday Experience at a Restaurant

    00:03:34 - Applying Birthday Loyalty to Retail

    00:05:25 - The Power of Surprise in Customer Loyalty

    00:06:29 - Extending Loyalty Beyond Birthdays

    00:07:16 - Recap and Final Thoughts on Loyalty

    00:08:22 - Closing Remarks


    QUOTES

    • “This is how we foster loyalty and build emotional connections to our customers. And the key driver of customer loyalty specifically for birthdays is delivering something that serves to be consistent and build a great foundation with your customer.”
    • "Tailoring the experiences and offers to the individuals can create a deeper loyalty than you can ever imagine."



    SOCIAL MEDIA LINKS


    Kevin Spencer

    Instagram: https://www.instagram.com/kspencer007/

    LinkedIn: https://www.linkedin.com/in/kevinspencer007/



    WEBSITE


    Rod Plus Solutions: https://rodplussolutions.com/



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    9 mins
  • Accounting Does Not Suck with Nolan Bradbury
    Sep 23 2024

    In episode 36 of Retail Checks and Balances, Kevin Spencer interviews Nolan Bradbury, founder of Bradfield Accounting and Advisory, as he shares the misconceptions surrounding the accounting profession, the importance of mindset in business, and how Nolan helps business owners achieve their personal and professional goals.


    Tune in as we explore Nolan's insights into the accounting field and his passion for supporting entrepreneurs in their business journeys.


    TIMESTAMPS

    [00:02:20] Psychology with numbers.

    [00:06:07] Family office light concept.

    [00:10:03] Conscious decision-making in business.

    [00:11:03] Workforce retirement and supply issues.

    [00:15:03] Legacy and its impact.

    [00:19:00] Success and client improvement.

    [00:23:41] Financial improvement and consultations.

    [12:34:56] The impact of social media.


    QUOTES

    • "I want someone to help me kind of buy back my time without sacrificing the things that are going to create a legacy for my family." - Nolan Bradbury
    • "It's no longer my job to make you do the right thing. It's my job to make sure that you have all the information to make the best choice for yourself." - Nolan Bradbury
    • "Whether you're a business owner or not a business owner, whatever your financial situation is, it can be improved and it can be changed." - Nolan Bradbury



    SOCIAL MEDIA LINKS


    Kevin Spencer

    Instagram: https://www.instagram.com/kspencer007/

    LinkedIn: https://www.linkedin.com/in/kevinspencer007/


    Nolan Bradbury

    LinkedIn: https://www.linkedin.com/in/nolan-bradbury/



    WEBSITE


    Rod Plus Solutions: https://rodplussolutions.com/


    Bradfield Accounting & Advisory: https://bradfieldco.com/



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    26 mins
  • Relationships In The Supply Chain
    Sep 16 2024

    In episode 35 of Retail Checks and Balances, Kevin Spencer dives into the crucial vendor business relationship that underpins the food and retail industries. He emphasizes that any delays or quality issues from vendors can disrupt business operations, making these partnerships vital for success.


    Tune in to understand why cultivating strong vendor partnerships is vital for success in the retail and culinary sectors.


    TIMESTAMPS

    00:00:00 - Introduction to Retail Checks and Balances

    00:00:32 - Vendor Business Relationship Basics

    00:01:16 - Importance of Vendor Relationships

    00:02:04 - Vendor Relationships in Supermarkets and Restaurants

    00:03:10 - Building Trust and Mutual Benefit

    00:03:54 - Reliability and Transparency in Vendor Relationships

    00:04:49 - Challenges in Vendor Relationships

    00:05:46 - Resolving Vendor-Business Conflicts

    00:06:21 - Trends in Vendor-Business Space

    00:07:25 - Summary and Future Outlook

    00:08:20 - Closing Remarks and Subscription Reminder


    QUOTES

    • "These relationships between vendors and businesses are built on trust, communication, and mutual benefit. And I say they would mutually benefit because the partnership must benefit both mutually."
    • "The most successful partnerships are those where both sides are willing to work through issues together rather than jumping ship at the first sign of trouble."
    • “One of the biggest strengths is the rise of technology in managing these relationships.”



    SOCIAL MEDIA LINKS


    Kevin Spencer

    Instagram: https://www.instagram.com/kspencer007/

    LinkedIn: https://www.linkedin.com/in/kevinspencer007/



    WEBSITE


    Rod Plus Solutions: https://rodplussolutions.com/



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    9 mins

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