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The holiday season, and Black Friday in particular, is the ideal time for businesses to move inventory and increase revenues. Mismanaged inventory during this time causes frustrating issues, like loss in revenue and upset customers. Here are examples of Black Friday inventory disasters and how your Read More

With the holiday season fast approaching, successful retailers will be in control of their inventory. The holiday season is a perfect time to get rid of slow or non-selling inventory through the process of write-downs. J.C. Penney used this strategy to bring customers into their stores. Read More

If you have so much money tied up in slow-moving inventory that you can’t afford to restock other inventory items, your customers will have little sympathy for this state of affairs. Here are a few ways you can add a little discipline to your inventory planning and avoid angry customers. Read More

It’s hard to believe, but the holidays are quickly approaching. As a business owner, chances are you are already preparing holiday campaigns and beginning to plan for next year. Below are four tips to help small business owners finish this year productively and begin a successful new year. Read More

Although the Obama Administration recently delayed enforcement and reporting requirements of employer penalties under the Affordable Care Act (ACA) until 2015, businesses should use this extra time to better prepare. As an employer, you need a full understanding of how the law impacts your busines Read More

Finding the correct barcode printer for your small business can be challenging because there are so many available options. If you don’t know what to look for, the process can be overwhelming. Answering the following four questions before you start shopping will make the selection process smooth an Read More

The federal government requires any item purchased with grant money to be tracked, maintained, and disposed of appropriately. An asset management solution gives schools the necessary tool for recording each step of the tracking process and ensures detailed documentation for compliance auditing. He Read More

As a small business owner, we don’t need to tell you for how much you are responsible. You are very aware of these (sometimes overwhelming) responsibilities that come with managing your small business. It doesn’t have to be that way. Here are three ways to help make your small business more managea Read More

No one doubts the financial pressure bearing down on school districts across the country. We face a steady stream of stories about teacher layoffs, oversized classrooms and poor results. We’d like to draw attention to an aspect of the crisis near and dear to us: inventory costs. With school systems Read More

Time will tell whether LIFO will survive the convergence of American and international accounting standards. However, in the meantime, it’s important to understand this assumption in order to be better in tune with your businesses’ revenue. Read More