In today’s complex retail market, retailers are expected to have the core business skills, be proficient in financial intelligence, have good organisational skills and know the HR field intrinsically. All of these skills are not innate; they must be learned and developed at all levels across the business – retail experience is the result of taking corrective action while courageously learning from the mistakes we make along the way.
Every retailer following the NFRN Retail Standards path will be able to naturally discuss their experiences but also avail of the knowledge and understanding and mentoring through the NFRN Retail Standards package to help with the development of these skills and ultimately reach higher retailer excellence but more importantly maintain a profitable balance sheet.
NFRN Retail Insight Modules
Endorsed by Transport for London our Retail Insight Modules, written by retailers for retailers, are fantastic booklets designed to help ensure your continued success and profitability. They contain a wealth of information as well as essential checklists designed to help you and your staff comply with the legislation imposed on retailers. They work well as training documents or a simple reminder to help you maintain both a smoothly run business and a level of service your customers expect and deserve.
If you wish to be successful, excellent customer service needs to be at the heart of your business.
The NFRN have developed a front to back door guide to ensuring health and safety, good retailing, customer service and security is maintained to an acceptable daily standard.
Sales and Shrinkage
Losses through wastage and shrinkage can have a detrimental impact on your business. The guide also includes advice on store layout.
Statutory Health and Safety Checklist Guide
This introductory preview is your starting point for managing the health and safety of your business. More extensive guides can be found on our NFRN Legal Plus site.
Crime Video: Security Matters
The importance of shop security and how to tackle the main threats to your business including employee theft.
The film is in two parts: the first deals with external threats and the second with the sensitive but vitally important issue of theft from the business by staff.
Auto Pension Enrolment
If you have lots of questions about auto enrolment this handy factsheet will help.
Every employer with at least one member of staff now has new duties – including putting those who meet certain criteria into a workplace pension scheme and contributing towards it.
To help guide you towards your staging date the NFRN have produced a useful factsheet which should answer most of your questions and guide you through the process of enrolling your employees.
Find out what your employer duties are for automatic enrolment by downloading the factsheet below.
You can select any pension provider you choose, however, you can access our Pension Provider Comparison to help you understand what some have to offer and make an informed choice.
In today’s difficult economic climate, many members have approached us to explain how bankruptcy works.
Whilst we trust that all your businesses are thriving and profitable; we hope that this factsheet is only a reading document for your knowledge and understanding:
The Factsheet covers:
- Ways to avoid bankruptcy
- Advantages of bankruptcy
- Disadvantages of bankruptcy
- Ways to go bankrupt
This factsheet is not applicable to members in the Republic of Ireland.
Before Entering into a Contract
The NFRN has devised a factsheet which covers important points that retailers need to be aware of before signing a contract or agreeing a verbal contract.
Business to Business Contracts
Running your own business means you will be entering into contracts on a regular basis.
Sometimes, for many different reasons, you may want to bring them to an end.
Card Fraud Prevention
Dilapidations’ refers to breaches of lease covenants that relate to the condition of a property during the term of the tenancy or when the lease ends.
This Facesheet only applies to members in England & Wales
With all the confusion surrounding PayPoint’s plans to phase out its yellow terminals, the NFRN has produced a simple factsheet to breakdown the key points of their changes.
Along with outlining the changes that you need to be aware of, the factsheet also includes a checklist to help work out if PayPoint is right for your business.
The key is to fully understand the options available and the decision you are taking.
Property is an expensive resource – it can easily turn from a business asset to a liability. The true cost of a property is never just the rent but all the other costs and risks as well as opportunities allocated to you under a contract or lease, therefore it is important to obtain professional support to ensure your key to success and a contract that is tailored to meet your needs.
Psychoactive Substances Act 2016
The Psychoactive Substances Act 2016 was passed by Parliament in January 2016 to tackle the trade in psychoactive substances (often referred to as “legal highs”) in the UK. The Act will come into effect on 6 April 2016.
The guide below will help you in continuing to comply with the law under the Act.
Rent Reviews, Lease Expiry & Lease Breaks
The issues covered here are governed by individual lease terms and can be somewhat complex hence the ‘health warning’ at the end of the factsheet.
Every retailer is aware of the dangers of retail crime and wants to do all they can to prevent it. Adopting basic, but key principles can make it easier for you and your staff to stay safe.
You can read more about Retail Crime here
Whether you can get tax credits, and how much you can get, depends on your own circumstances. The NFRN has put together a rough guide to help you determine if you can be eligible for tax credits.
More help and advice
The food hygiene rating or inspection result given to a business reflects the standards of food hygiene found on the date of inspection or visit by the local authority. To help members comply with food hygiene law, the NFRN has produced a briefing note which can be downloaded below. A chilled food recording form is also available, as well as several checklists to make the management of your food stock easier.
Download Open Food Recording Form (for hot food)
Get your free No ID No Sale pack
Licensing Matters are the perfect partner for off-licence retailers. They offer a free 30 minute advice service per case, can support retailers with any licence related matter and will represent retailers at hearings should the need arise.
Licensing Matters works closely with NFRN Legal and early contact with both on the inception of an issue is important.
Additional services available at cost.
Download the flyer below to find out how retailers who sell alcohol and other age restricted products can get the protection and support they need.
National Minimum Wage & National Living Wage
From 1 April 2017 workers aged 25 and over are entitled to the National Living Wage of £7.50 per hour. The legal ‘National Living Wage’ is not the same as the real Living Wage, as set by the Living Wage Foundation which currently stands at £9.75 per hour in London and £8.45 per hour across the rest of the United Kingdom.
As of 1st April 2017, the National Minimum Wage and Living Wage hourly rates are as follows:
1 April 2017
The apprentice rate is £3.50 for their first year. If apprentices are aged 19+, second year pay should be in-line with the National Minimum Wage rates for their respective age group.
As an employer, you need to make sure you’re paying your staff correctly, as the Government has committed to stronger enforcement across the UK.
NFRN Business Property Advantage
NFRN Business Property Advantage offer a 30 minute helpline with a qualified Chartered Quantity Surveyor with additional support and guidance in all matters relating to property such as lease expiries, lease renewals, rent reviews, dilapidations and acquisition services.
Scottish Licensing Booklet
Tobacco Products Directive
New EU laws on how tobacco products are manufactured, produced and sold have come into force.
Known as the Tobacco Products Directive, the new legislation will see a range of tobacco products banned from sale, including packs of 10s, 19s, 18 1/2s, flavoured cigarettes (except menthol) and non-standard style packaging. New regulations covering e-cigarettes will also be included.
Although the law came into force from May 2016, there will be a transitional period until May 2017 to allow retailers to sell through old products.
Retailers who continue to sell these prohibited items after May 2017 will face fines or criminal prosecution.
For advice on how to prepare, visit our Advice on Plain Packs and Tobacco Products Directive page.
Related Member Benefits
NFRN Fuelwise is another money saving addition to the NFRN’s portfolio of benefits and services.
Dedicated member call centre to assist you with all queries and new business opportunities.
Exclusive membership buying group, with central invoicing system offering up to 7 week’s credit.
NFRN members’ own credit union with account and borrowing facilities.