Inventory Turnover Ratio: Why It’s Important for Your Business
A general division between small businesses can be done based on service-focused sector and product-focused sector. Several businesses fall into both categories. While a service business is said to be intangible, a product business is tangible and can be felt and measured appropriately by the buyer and seller. One of the key ways of tracking […]
Advantages and Disadvantages of Franchising
Small business owners who have tasted success would look at franchising as the next big step for business expansion. Franchising is a business, especially in the US and it works well for any business type. There are many factors to consider before franchise expansion, and it’s critical that you know if you have made the […]
Tools for the Transportation Industry that you need to know
One of the most suitable ways to capitalize on opportunities, changes and challenges in the transportation industry is to utilize the most appropriate technology and software tools that facilitate business operations and deliver value each day. Many companies with basic and complex logistics operations have realized the benefits of using the Transportation Management System (TMS). […]
Funding-How does it work?
Have you ever wondered what the difference is between banks and short-term financing companies? Well we can only speak for Reliant Funding but during the interview with eversprint.com, Adam and Malcolm discussed business differences, the future and to answer the questions you have about small business financing. At Reliant Funding, we are all about the […]
Advertising Effectively for your Small Business
Most small business owners understand how crucial advertising is for their business. With the right advertising in place, you push your brand name to the forefront, attracting both existing and new customers. In fact, effectively advertising can work to influence word of mouth referrals to push your business forward. However, small business guru Barry Moltz […]
Ways to Boost your Auto Repair Business When Times Are Slow
Most businesses face a dry spell during some parts of the year and auto repair businesses are no exception. Auto repair shops are usually busy but it’s said that only 10% of the auto repair shops in the US classify as busy for 52 weeks of the year. Though owners of auto repair shops know […]
2019 Top Websites and Blogs for Restaurant Owners
Do you own or manage a restaurant? Chances are you don’t have time to comb through several sites to find the latest and greatest industry news and marketing tips for boost your business. The good news? We’ve done it for you. Check out these restaurant blogs written to help you make your business the best […]
Accounting Stages of your Small Business and their Importance
One of the biggest challenges for business owners is accounting and tracking their business financial activity. Accounting is a broad term that describes the various ongoing financial activities a business needs to perform. The process that occurs right from sales to end-of-year statements is referred to as an accounting cycle and consists of bookkeeping, classification, […]
A Complete Guide to Running a Successful Restaurant
People have always loved dining out. They could be casually dining out with the family, nurturing a client over a business lunch or trying to impress someone over a date. Owning and running a restaurant is an entrepreneurial experience like none other. From maintaining a relevant menu to planning and executing marketing activities and managing […]