With vaccination rollouts hitting speed bumps, we know the COVID-19 pandemic is likely far from over — at least in the United States. Although finance will play a pivotal role in 2021, navigating this current period of uncertainty will still require careful financial footwork. Companies will need to understand the strengths and weaknesses of their financial position at all times to choose their next move […]

Running a business that takes orders and arranges them for home delivery isn’t easy. There are many stages of the process that can go wrong. One of the biggest challenges is creating a smooth fulfillment process that delivers your products to consumers with efficiency. To improve your fulfillment process you need to invest time and energy into it. Here is our guide on how to […]

Tell me, does this ever happen to you? You walk into your stockroom, look around, and walk right back out again? You close the door (and your eyes), take a deep breath, and cross that threshold again because it’s that time? Time to take inventory. Cue ominous music. Do you walk in with a clipboard in one hand and aspirin in the other? Do your […]

As long as you have good products, people will buy them, and then they will also become repeat customers of yours, right? Well, as it turns out, product packaging matters a lot more than you might be inclined to believe. This is particularly true here in the age of social media, where people are more likely to share their latest purchase with their friends on […]

Across the globe, it’s common to hear these statements spoken among small business owners: “The economy…it just tanked” “The customers aren’t there anymore” “I simply can’t compete with larger retailers” In today’s business climate, more businesses are blaming everything from the economy to the weather. But closer inspection often reveals an internal problem, rather than an external or environmental one. Most businesses grow until inertia […]

Getting feedback (from real live customers!) is a crucial part of the product development process. And ideally, you want it as early as you can get it. Phil Tadros of Doejo, a firm that specializes in building products using agile practices, even goes so far as to say it’s the main error a lot of managers make: “Too many product managers fail to solicit feedback […]

Politics is essentially the practice of influencing others. In an environment of free will, the act of influencing either appeals to a constituent’s “self-interest” or contributes to their “self-esteem”. Appealing to self-interest is self-serving while appealing to self-esteem makes constituents feel morally superior. When it comes to paying taxes, the working poor and the middle class will vote for candidates that serve their self-interest in […]

Research shows that 92% of companies want to use mobility to make their supply chains more event-driven, promote warehouse and transportation efficiency, and make omni-channel fulfillment more profitable. Given the ever-growing demand for consumers to order from anywhere, fulfill from anywhere, and return to anywhere, the overwhelming desire to optimize the supply chain shouldn’t come as a big surprise. However, just because 92% of companies […]

Every industry needs a tool to manage and run their projects. According to a study published by the US based Project Management Institute (PMI), businesses in the United States lose as much as $122 million in poor project performance for each one billion dollar invested. Another study found that fewer than a third of all projects are completed on time and on budget annually. One […]

Bookkeeping has a long history of its own from Ancient Rome, to Luca Pacioli innovating double-entry bookkeeping forever. Yet, today technology has invaded everything around us, bookkeeping is not left behind. In fact, nowadays small businesses can save time and money by hiring what is known as virtual bookkeepers.   Image Credit: Kvkirilov /Getty Images What Is Virtual Bookkeeping? Virtual bookkeeping allows an accountant or […]