any economists and financial analysts who predicted a Great Depression-sized recession with a drop in the gross domestic product of more than 30% (Morgan Stanley, Goldman Sachs, Deutsche Bank) are pleasantly surprised — and a little confused — with the strong jobs, retail, and stock market numbers reported in June. While there are still plenty of economists who feel that the worst is yet to […]

As you grow your business, you begin to face many new challenges that never affected you before. Should you hire a wholesale distributor? Do you need a larger staff? And most importantly, how should you manage inventory? Effectively managing inventory is important so you can ensure you always have just enough of your products in stock to fulfill orders without wasting money on excessive amounts […]

When selling a business, the receipt of offers is one of the most exciting stages in the process. It is vitally important, however, to fully understand the technical language used in these offers and the implications this will have on the value that the vendor ultimately receives. This article will walk through the key technical terms used in the vast majority of offers for a […]

Having a great product/service just isn’t enough when it comes to selling online. You have to show your reader WHY your service is great for THEM. In addition, if you sell the same service or product as other merchants, you have to set yourself apart from the competition, to make your offer the most attractive to your potential buyer. So how do you go about […]

If your company is experiencing a dip in sales, cross merchandising might be the answer to your troubles. There are many tricks of the trade merchandisers use to attract customers to their displays and maximize their sales, but few have proved to be as effective as cross merchandising. But for those unfamiliar with the term, it might be intimidating to give it a try. Here’s […]

The maintenance of a good manufacturer-distributor relationship has ramifications across all points of the supply chain. On a company-specific level, effectively nurturing a strong connection with suppliers and customers can equate to competitive pricing, higher availability, and the effective sharing of industry-sensitive information. On a wider basis, time and effort invested in fostering such relationships can translate into highly effective, streamlined processes that will positively […]

he COVID-19 pandemic is not only a public health crisis, but it is also an economic one. In the three months since lockdown measures have been put in place, over 14 million Americans have lost their jobs and even more have had their hours reduced. If you’re one of those people affected by the Pandemic and have either lost your job or seen hours reduced […]

ew purchase return authorization requirements introduced by Visa in 2019 to merchants in the US and Canada were rolled out in Europe in April 2020. What does it mean for your business? Purchase return authorizations are returns that are processed similarly to a random purchase transaction. This mandate requires merchants to process a purchase return for each return. The main reason behind Visa’s mandate was […]

If you’re involved in any kind of B2B transactions on a regular basis you’ve probably heard the term supply chain. You’re probably also familiar with some of the ideas that underly supply chain management. In an age of increasing automation, integration, and cross-company communication, you should establish an effective strategy to optimize the efficiency of your supply chain. So, what is a supply chain? In […]

What is Social Trading? Social Trading is nothing but the combination of trading practice social network. Novice investors can join such platforms and learn from successful traders about the best practices to follow while trading. They can also interact with one another about the latest opportunities and trends to be followed in trading. Apart from that, the experienced one will share some trade secrets to […]