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Is Excel truly meeting your inventory management needs? Small businesses, with a small staff and a small amount of inventory, may successfully use Excel. However, as a business grows, the limitations of Excel become very real obstacles. Moving to a more efficient, cost effective inventory mana Read More

Patient rights are protected by the privacy and security rules of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). These rules hold the healthcare industry accountable during the collection, viewing, and dissemination of patient information. In the past, security of paper Read More

This year top retailers such as Target, Walmart, and Kmart are opening on Thanksgiving Day to give shoppers even more time to start working on their holiday shopping lists. The holiday season, and Black Friday in particular, is the ideal time for businesses to move inventory and increase revenues. Read More

“The holiday season can represent as much as 20–40% of annual sales” for some retailers, says the National Retail Federation. When items are quickly going in and out of stock and returns are being made in larger volumes than usual, small businesses that don’t have an automated way to keep up with t Read More

October’s government shutdown cost U.S. taxpayers $24 billion. Although a deal was made to end the shutdown, that deal ends January 15, 2014. As a small business owner, not only do you need to recover from both the short and long-term impacts of the shutdown, you will also need to prepare for the Read More

Asset management becomes a gripping topic when expensive, vital or potentially dangerous items vanish from an organization’s inventory. The more dramatic losses present a clear threat to public safety, as when 2,000 encrypted two-way radios, disappeared from the inventory of the US Marshals Service Read More

Halloween may be over but the threat of a zombie apocalypse transcends far past the spooky holiday. In fact, over the last year, the idea of a zombie outbreak has infiltrated books, movies, and television shows. For those unfamiliar, a zombie apocalypse refers to the breakdown of society as a resul Read More

As we detailed in our previous article, Tracking Nightmares, inventory shrinkage is a huge problem in North America effectively robbing retailers of billions each year. It’s bad enough when inventory disappears because of theft by customers, employees or suppliers, but it’s especially frustrating w Read More

Inventory health is a good indicator of a company’s financial well-being. Unbalanced inventories lead to company chaos in the form of far too much inventory, or not enough inventory to restack shelves – both of which can be devastating to a companies incoming revenue. Monitoring inventory is a proa Read More

At one point, former business owner, Jon Taffer, owned 17 restaurants. He has also consulted on 800 businesses and is the author of the new business book, “Raise the Bar.” In an interview with Business Insider, Jon Taffer shares his thoughts and expertise on the most common mistakes that small busi Read More