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How many barcodes to you see on a daily basis and completely tune out? Scanning my desk as I write this article I conservatively estimate that there are 50+ barcodes & a dozen or more QR codes lying around. I am not just referencing the tissues, the pack of gum, or the name badge from a conferenc Read More

This year’s World Cup, being held in Brazil June 12-July 13, is arguably the planet’s most popular sporting event. FIFA is expected to collect over $4 billion in revenues; however, hosting such a massive event is no easy task and presents a multitude of logistical issues. As we learned from the re Read More

Technology continues to revolutionize the way companies do business. Nowhere is this seen more than in the devices used by employees to complete their work. Gone are the days of completing work tasks using only the computer provided by an employer. Instead, 70% of users carry three or more devices; Read More

An Alabama technical school lost thousands of dollars worth of industrial training equipment. Officials admitted they weren’t sure exactly how much had been stolen… Four teachers at a Texas school were accused of stealing more than $16,000 worth of school property, including mp3 players, DVD player Read More

As a small business owner, it’s imperative to have a complete understanding of your business’ financial inner workings. Part of that includes having extensive knowledge of your inventory and how to manage it properly. In this article we define the term “inventory reserve” and explain what you need Read More

“The Profit” starring Marcus Lemonis continues to provide compelling, real-world, business lessons week after week. Last week, Lemonis traveled to California to save a struggling wine store and bar called Amazing Grapes. A number of serious issues resulted in the business losing money. Read More

For most small companies, managing inventory is a challenge. Often, conducting inventory counts & maintaining appropriate stocking levels are tasks receiving limited attention. Fortunately, there are cost-effective inventory control solutions available for the smallest & largest of companies. Read More

As consumers, we see barcodes used all the time: purchasing from any retail store, renting a car, attending major events, flying, and even going to the doctor. Barcodes aren’t just lines appearing on tickets or inventory items, barcode scanning systems help businesses track an amazing amount of in Read More

Today’s small business owners have significant advantages over those of just a couple of decades ago. Advances in technology make many aspects of business more efficient and offer a number of effective tools. From basic information technology to logistics, marketing and human resources, there are a Read More

Anyone who tuned in to the first season of “The Profit” on CNBC should be aware of Marcus Lemonis’ 3 P’s philosophy. The core of his ideology centers on the fact that business success hinges upon the effective management of People, Process, and Product. On February 25th, “The Profit” returned for Read More