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Navigating Business Risks and Inventory Management

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โœ… Navigating Business Risks and Inventory Management ๐Ÿ‘‡๐Ÿ‘‡@Tash_courtenay ๐Ÿ™๐Ÿ™ Watch The Video & Donโ€™t Forget to Like, Comment, Subscribe, & Share ๐Ÿงก ๐Ÿ’  In this episode of Tash Talks TV, I sat down with Ian Cruickshank from Triffin to break down the simplest version of a healthy P&L โ€” and why 60% gross margin is the number you need to protect at all costs. If youโ€™re not hitting 60% gross margin, you donโ€™t have enough headroom. You need room for shipping, returns, discounts, marketingโ€ฆ and still have enough left to actually run the business. Hereโ€™s the model he shared: ๐ŸŸข 60% gross margin ๐ŸŸก 30% sales & marketing spend ๐ŸŸ  20% overheads โšซ = 10% net profit Not every brand will land perfectly in these numbers, but as Ian said, this isnโ€™t theory, itโ€™s a minimum viable benchmark. Weโ€™ll cover: โœ… Why 3โ€“6 months of inventory on hand is critical โœ… How to calculate your turnover ratio and manage lead times โœ… The risks of over-ordering inventory vs. scaling too fast โœ… Balancing profitability with aggressive customer acquisition โœ… Key metrics every founder should track (gross margin, marketing spend, stock turnover, and more) โœ… Why aiming for at least a 60% gross profit margin sets your brand up for success Whether youโ€™re an early-stage founder or running a fast-growing DTC brand, this video breaks down how to stay in control of your business, avoid โ€œdoom spirals,โ€ and make smarter growth decisions. ๐Ÿ”ถ WATCH MORE VIDEOS โœ… The Power of the Golden Pill: Hormonal Balance and Business Success with Elissa from Elle Sera ๐Ÿ‘‰ https://youtu.be/dnqZ2M5GUZA โœ… Exploring Beauty and Wellness with Industry Experts | Tash Talks ๐Ÿ‘‰ https://youtu.be/tcRdh-nFQ-s โœ… From Latin Americaโ€™s Top Music Platform to E-Com Growth Leafโ€™s Data First Marketing ๐Ÿ‘‰ https://youtu.be/4CxZ_MY4qCE โœ… Pioneering Non-Surgical Treatments: Insights with Alice ๐Ÿ‘‰ https://youtu.be/tFWCKHvzwVI โœ… How Stagecoach Performing Arts Supported This Life Changing Song ๐Ÿ‘‰ https://youtu.be/q9-rVjWOQmk โœ… Ask for Help: Unlock Success & Overcome Imposter Syndrome ๐Ÿ‘‰ https://youtube.com/shorts/OyZltmlAQcY โœ… Building High-Performing Teams: See People Grow! ๐Ÿ‘‰ https://youtube.com/shorts/E6XPrHRVu3o โœ… Absolute Collagen: Young Leader's People & Culture Secrets ๐Ÿ‘‰ https://youtube.com/shorts/qITClM2n3pA โœ… Crush Fear of Failure & Embrace Creator Consciousness ๐Ÿ‘‰ https://youtu.be/-vKmHjzdsHM โœ… Sometimes things just donโ€™t turn out as planned ๐Ÿซฃ ๐Ÿ‘‰ https://youtube.com/shorts/ldk7CtXMvTo ๐Ÿ’  Linkedln: ๐Ÿ‘‰ https://www.linkedin.com/in/natashacourtenaysmith/ ๐Ÿ’  Instagram: ๐Ÿ‘‰ https://www.instagram.com/tash_courtenay/ ๐Ÿ’  Follow on TikTok: ๐Ÿ‘‰ https://www.tiktok.com/@tash_courtenay_smith ๐Ÿ’  Twitter: ๐Ÿ‘‰ https://x.com/tash_courtenay?lang=en ๐Ÿ’  Work with me: ๐Ÿ‘‰ https://www.tash.partners/work-with-me ๐Ÿ’  Tash Talks: ๐Ÿ‘‰ https://www.tash.partners/tash-talks-partnerships ๐Ÿ’  The Notting Hill Shopping Bag: ๐Ÿ‘‰ https://www.nottinghillbag.com/ ๐Ÿ’  Join my community: ๐Ÿ‘‰ https://www.tash.partners/newsletter-sign-up #tashcourtenaysmith #tiktokmusic #songcreation #songreleasejourney #nottinghillcompany #entrepreneurialsuccessstories #personalbranding #digitalmarketing #Howtomonetizeablog #businesssuccessfully #successfulstartup #socialmediamarketing #howtostartanonlinestore #socialmediatips #besttiktokmarketing #dtcbrandgrowth #maximizingcustomer #ecommercegrowthstrategies #successfuldigitalproduct #smallbusiness#nottinghillshoppingbag #nottinghill #nottinghillcompany #nottinghilltok #ukfashion #uk #shoppingbag #totebag #nottinghillcompany #nottinghillcompany #london #money #recruitment #hiringright #ecommercebrands #leadership #tashtalks #scalingbrands #founderjourney #podcast #founder #motivation #ceo #onlinebusiness

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