WHAT WE DO

When it comes to the specialty retail business, we are a one-stop shop. Our team has expertise in all business disciplines. Most likely we have seen it before, and we will see it again.

Click on the business disciplines below to see what we do.


Employee Development | Sales | Marketing | Products/Inventory | Finance




Click here to learn what we can do for you.

EMPLOYEE DEVELOPMENT

  1. Organizational Mission, Values, Structure and Job Descriptions
  2. Employee Handbook
  3. New Hire Onboarding and Training
  4. Team Evaluation and Compensation Plans
  5. Strengthsfinders Discovery for Team and Individuals
  6. Team Leadership and 1:1 Coaching

SALES

  1. Sales Process Training and Development (Relationship Selling including Multiple Customer Engagement)
  2. Customizing and tracking key team sales metrics
  3. Sales planning and tracking to identify opportunities for growth

MARKETING

  1. Marketing strategy and calendar
  2. Single customer view and personalized communication (KAMRUN)
  3. Integrating Product, Brand, and Event marketing into all aspects of business

PRODUCTS/INVENTORY

  1. The Retail Planning Cycle and Category Strategy
  2. Inventory Management, Product Flow, and Open To Buy
  3. Linking inventory to sales through the Karnan Associates Dashboard
  4. Showroom merchandising and story telling

FINANCE

  1. Cash Flow Forecasting and management
  2. Developing and following an annual budget
  3. Profitability Benchmarking and Break-Even Analysis
  4. Investment and Expansion Modeling

WHAT WE CAN DO FOR YOU

 
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Future Track

Join a community of deeply connected retailers who share your desire to excel and /or exit in a rapidly changing retail landscape. In Future Track, The Karnan Associates team becomes an entrenched part of your staff. We help you Run Great in all aspects of your business, from front of the house to back. You become part of a group of retailers who routinely share best practices and make each other better. As the name suggests, Future Track thinks long term, considering profitability and sustainability in all stages of growth including facilitating ownership transitions.

Click here to view a sample of our Future Track roster.
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KAMRUN

KAMRUN (Karnan Associates Marketing services for RUN) takes what makes specialty run special – personalization and service – and we extend it beyond the walls of your store. It is a state-of-the-art marketing technology platform and implementation service, designed to keep specialty run retailers relevant and thriving in our communities for years to come.

Click here for a sample of what KAMRUN offers.
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Run Tank

Effective peer-led collaboration is one of the keys to innovation. Facilitated by Karnan Associates, Run Tank consists of a group of non-competing specialty run owners from around the country. 2x per year, they meet in one store’s home market to share best practices and move their business forward. One good idea can pay for the trip. You may do it better than other stores in some ways. They may do it better in others. By collaborating, Run Great bubbles to the surface.

Part shark, part think, all run.
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Specialty Services

Monthly

It usually takes a year. A retainer-based engagement with Karnan Associates is how we got our start back in 2006. It starts with an assessment in the 5 business disciplines. That assessment identifies the opportunities. Week by week, we work together molding your business into the one you want. Most owners are strong in some areas and less strong in others. We build strong foundations in all areas of your business so you can focus on achieving your vision. Experts in all things specialty, we offer a wide range of services.

Click here to see what we can do for you.

Projects

Sometimes a project is all it takes. Do you need to manage your inventory better? Do you want to get a handle on your finances by developing three-year financial plan and budget? How about a market assessment to determine if you should expand? Would your team benefit from a sales process that becomes a part of your store DNA? It’s always customized. It’s always personalized. It’s always based on 100 years of collective experience, and it always designed to make you Run Great.