Managing inventory is one of the biggest challenges small businesses face. Understanding how to track inventory for small businesses...
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Retail
From the grocery store to their everyday commute, customers across the US are opting for contactless payments as their preferred payment...
From page one of Phil Knight’s Shoe Dog, he already has you wearing his sneakers but they’re not Nike—yet.Knight vividly describes...
In Lightspeed’s 2024 State of Retail report, we take a look into the preferences of different age groups, like Generation Z shopping...
Warehouse inventory management software is a vital tool for businesses, designed to streamline and automate the processes of tracking,...
If you’ve ever visited a retail store and looked at a product’s price tag, you’ve likely come across a stock keeping unit, commonly...
Forecasting demand is essential for retailers to accurately predict how much of a product they should purchase. The inventory a retailer...
How does your choice between FIFO vs. LIFO impact your business’s financial health? Inventory valuation is more than just an accounting...
Inventory management is the process of controlling and overseeing stock—raw materials, finished products and everything in between.If...
Efficient warehouse stock management, guided by the right warehouse efficiency tips, can make or break your business. Without it, you...
Access to capital is one of the most significant barriers that small businesses and even growing businesses face. That’s why as an...
When cybersecurity comes up in a conversation, most business owners prop up their tech stack. Investing in IT is great, but it’s...
Are you a small business owner looking to understand general ledger accounting? If so, you’re in the right place. In this guide,...
Consider this scenario: it’s June, and you’ve just moved into an apartment with a large balcony. You decide to purchase some patio...
Did you know that 90% of companies have some kind of customer loyalty program? However, most loyalty program members aren’t actively...
If you run a retail business, restaurant, or golf course, you’ll need to equip it with a point-of-sale system. If you get just one...
Social commerce is where customers shop for things directly through social media platforms like Instagram, Facebook, TikTok, and more....
When one of your locations receives a new shipment from a wholesaler, how do you decide the prices of the inventory inside? Knowing...
Having too much stock on hand is a financial burden on your retail business. Slow sales means less ability to cycle in newer inventory...
Understanding the marketplace and effectively positioning your business requires a detailed grasp of the competitive landscape. That...
Building customer loyalty should never go out of style, but sometimes you need to change it up. Luckily, we have a few inexpensive...
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