BizSugar.com › User › davidparrish › Voted

Small business owners may think that accounting for inventory ends upon its purchase. The real cost of carrying inventory involves much more. Considering the fine line that half of all small businesses walk between success and failure within their first 5 years, understanding the real cost is cruci Read More

Nearly everyone everywhere has seen a barcode today. Barcode’s have revolutionized the way we package and transport merchandise. A barcode, by Investopedia.com’s definition, is a graphical representation of a product’s identifying information formed by two-dimensional pattern of black and white str Read More

Purchasing a time and attendance system may not be the first thing small business owners think of when considering ways to achieve their expected revenue growth. Improving customer service and investing in new customer acquisition methods are cited far more often, but failing to do so is taking a Read More

A few years ago, a small store operating out of the owner’s home would only dream of selling their unique wares to people around the globe. Fast forward to today where operating a small business with international capabilities on websites like Etsy, Amazon and eBay is not only a possibility but is Read More

Every year, more than 40 million people visit Las Vegas. Year-round hotel occupancy averages over 85 percent, and statewide gaming revenues exceeded $11 billion in 2014, according to the Gaming Control Board. With such a tremendous influx of tourists, how does the City of Lights keep everything pow Read More

Inventory is the materials, work-in-progress goods and final product that businesses sell in order to generate revenue. Without inventory going out, there is no money coming in.

Even more important than just having or not having inventory, is keeping track of inventory. That is the key to runni Read More

Even the top colleges and universities around the world find it hard to keep track of inventory. According to a 2013 report, Virginia State University has as claimed around $8 million worth of taxpayer-funded inventory was lost, missing, or stolen. Even on a smaller scale, just the Miller Learning Read More

Barcodes are everywhere: products, loyalty cards, packaging labels, library books, you name it. With one scan of these striped bars, light energy is converted to electrical energy, which is converted to powerful data that can give you everything from inventory management to consumer awareness. Read More

Picture yourself purchasing a can of Coke at the store. The store clerk picks it up to scan it at the register, but it lacks a scanable barcode. Instead, the clerk moves the can in front of a scanner with image recognition technology. The system recognizes the red and white label as a can of tradit Read More

The U.S. Army has to keep track of a lot of assets. There are big ticket items like planes and missiles, firearms, basic IT equipment and computers. It isn’t always easy. In 2014, it was reported that, the Department of Defense’s Inspector General’s audit for 2013, said that the 401st Army Field Su Read More