With the New Year in full swing, you may be contemplating what changes you can make to your business to ensure your success and increase your profits. If introducing new technology and innovative business resources is on your entrepreneurial to-do list, you can get a head start now by checking out some of the newest…
Did you know what people resent the most about working for a small business? Well, although you can enjoy a more personal work relationship in a small company, there is one major turnoff: Lack of employee training. Many perceive this as inherited, due to smallish size in capital and budget, but I can assure you,…
Most healthy companies run payroll at about 25-30% of total expenses, and that is a lot of money that can be wasted if your employees are not performing to the level that you expect. Sometimes this is because employees do not have the motivation to do the job at the highest level, and that has…
You don’t go into retail business and buy the products you sell through retail buying. That would be a long, dragging roam around the bush before you actually get the profit you desire. And that’s not even an assurance. If you plan to be a retailer, buy wholesale! For newbies in the retail industry, it…
Many business owners spend millions of dollars each year to keep their valuable assets and properties safe from thieves and trespassers. From the finance, retail to the manufacturing industries, implementing security policies and acquiring sophisticated security systems have become the norm, considering the possible losses and damage that theft and fraud can cause to a…
Trade Shows can be a great opportunity to raise brand awareness, engage with potential customers, and attract valuable media coverage. But as with any investment you are planning to make, it is essential to plan your approach if you want to maximize the return achieved. Before you go Define objectives – Gather team members around…
In the world of containers and gargantuan warehouses storing all sorts of pricey goods, security is the key to good business, and you’d be amazed at what inspiration you can take from these places to secure your premises. At least in its early years, the shelf life of a good company can be somewhat dictated…
Your accounts give you a hefty amount of basic information on your business – but what if they’re wrong? Well to put it simply – you’ll end up in trouble of course. One of the most commonly miscalculated areas in business’s accounts tends to be in the area of commissions and payments to sales people.…
There are many wonderful things about the changes to our phones that smartphone technology has given us. We can surf the web, check our Facebook accounts, play games, listen to music and all sorts of other amazing things, all on something that fits into our palm. Understandable enough, many bosses would see these sorts of…
Ever since they came into the business scene, points of sale terminals have been of immense benefit to store owners. Through them, sellers have been able to control stock and capture the right data about products which goes a long way to help them manage the inflow and outflow of their merchandise. Many times when…
