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“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

An asset tracking solution makes it easier to manage your business’ valuable assets, such as mobile phones, laptops, vehicles, copy machines, or tools. As a small business owner, deploying an asset tracking solution for your business may sound like an overwhelming process, but it doesn’t need to be Read More

Automated time and attendance solutions are essential for companies that want to reduce overhead, control payroll, maintain accurate reporting, and ensure employee happiness. An automated time and attendance solution is a simple, easy and effective way to guarantee the accuracy of your payroll and Read More

Implementing an asset management solution is a crucial step in the right direction; however, adding mobile functionality to that asset tracking solution guarantees additional cost reduction for your small business through an increase in productivity, efficiency, and employee morale.
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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

Depreciation is a topic many people find confusing, but the basic concept of depreciation is not particularly complicated. In fact, depreciation is simply a method of allocating the cost of a tangible asset over the expected useful life of the asset. As a simple example, a machine that cost $1,000 Read More

A unique advantage of social media is the opportunity to reach out directly to influencers and form a relationship. An influencer is a leader; someone who carries clout in an industry. For example, Guy Kawasaki may be considered a top sales influencer or Suze Orman, a top financial influencer.
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Knowing consumers’ holiday purchasing habits could have prevented UPS’s inability to deliver packages on time for Christmas. Recognizing on-line sales continue to increase, especially when retailers frequently offer the best deals right before Christmas, UPS should have taken their own advice and i Read More