Category: Running a Business

Best Inventory Management Software for Small Business

Best Inventory Management Software for Small Business

No small business owner wants to sell and restock their items blindly. Maintaining inventory control is an important aspect of running any small business that sells products — which is where an inventory management system comes in. No matter the type of system you put in place, it’s essential for you to track inventory to increase efficiency and customer satisfaction.  Your business’s data can tell you a lot about how to manage your inventory. In this article, we explain what… Read More
Retail Options for Working Capital Loans

Retail Options for Working Capital Loans

Running a retail business can be deeply rewarding. Nevertheless, as with any small business, it can also be challenging. Retail businesses may be more impacted by macroeconomic events than many other sectors, and owners must always be prepared for unexpected events that alter daily operations. The good news is that when times are tough, there are tools that can help make managing business needs easier. One good resource is a working capital loan. Let’s explore how working capital loans can… Read More
How to Survive (& Thrive) as a Restaurant with 2022’s Rapid Inflation

How to Survive (& Thrive) as a Restaurant with 2022’s Rapid Inflation

As the Federal Reserve continues to raise interest rates, restaurant owners have a right to be worried. There are still sectors of the food service economy that have yet to fully recover from the COVID-19 crisis, and now the threat of a recession is on our collective doorsteps.  Nevertheless, while an economic downturn may be inevitable, restaurant owners are not helpless. Let’s explore some actionable ideas you can use to minimize potential disruptions on your business.  How Inflation is Impacting… Read More
Understanding Ecommerce Fulfillment Needs and Top 5 Services

Understanding Ecommerce Fulfillment Needs and Top 5 Services

If you have an ecommerce business or a bricks and mortar business that also sells items online, you know that one of the biggest challenges (after making the sale) is getting the item your customer purchased delivered to them quickly and smoothly. You may start out with inventory in your basement, garage or spare bedroom that you hand label and ship out. Maybe at some point you get a warehouse to store inventory.  But as your small business grows you… Read More
Best Ecommerce Solutions for 2022

Best Ecommerce Solutions for 2022

If you want to do business online you’ll need more than a website or social media accounts. You’ll need an online shopping solution so your customers can buy your products or services. That includes product pages so they can view what you have to offer, payment processing tools so they can make a purchase with their debit or credit cards, and shipping tools if you need to send a physical product.  Most small businesses don’t want to have to hire… Read More
Got Student Loans? What Small Business Owners Need to Know

Got Student Loans? What Small Business Owners Need to Know

Although the student loan forgiveness plan came to a halt after the Supreme Court shot it down, there is still a path toward student loan forgiveness: the SAVE Repayment Plan. This plan is harder to challenge legally because it’s an adjustment to an already existing repayment plan. It could ease the burden of small business owners across the country who are struggling to pay off their debt and run their businesses.  You can run — and fund — a small… Read More