Indicators of exceptional time clock systems

Exceptional time clock systems account for your labor expenses with minimal hands-on adjustments or computations. Since human capital is the largest investment your business will make, it makes sens

5 ways for small business owners to reduce stress

According to Bolt Insurance, 44% of small business owners believe the stress of running their business has damaged their health. Below are ways for small business owners to eliminate stress. Balance

Inventory controls: want more business next month?

Effective inventory control helps businesses maximize sales, speed turnaround and meet consumer demand during high volume sales peaks. Holiday sales peaks - namely Christmas and Thanksgiving - account

The Barcode Revolution

Life without the barcode may seem chaotic and unimaginable, but it wasn’t that long ago when the first barcode scanner was introduced and a packet of Wrigley’s chewing gum in Ohio was scanned in 1974.

3 reasons for buying a barcode scanner

1. Lean operations. Managing the stuff you carry on hand is low hanging fruit when it comes to controlling cash flow. If you sell stuff, you likely stock supply to do business. You need just the right

BYOD Mixes Business With Pleasure, Saves Money

The days of professionals strapping on Batman-style belts to harness multiple cell phones are behind us. These days it's OK to mix business with pleasure — when it comes to the device you're using at

It's 3pm: do you know where your school assets are?

Are your school's asset management policies breaking the bank? Businesses employ adults who generally work in an office on a fairly fixed schedule. And businesses have a hard time keeping track of th

LinkedIn is your secret SEO weapon

Search Engine Optimization (SEO) means you have positioned your business to be“discovered” online when someone initiates a search. The potential for your business to be discovered by potential custo

Fight inventory shrinkage

Why does it shrink? The first idea that pops into everyone’s mind regarding inventory shrinkage is that someone is stealing the goods. It could be some disgruntled or greedy warehouse worker(s), or di

Reduce the cost of human error with scanning barcodes

It was recently reported in the Mail Online on 4th March 2013 that a pharmacy gave a man medication to treat diabetes, instead of the steroids he required to treat his chest infection by mistake. Foll

Does poor package tracking affect your bottom line?

  Whether you operate a growing business, hospital, university, government agency, or other organization with high volume item receiving, your receiving team must be efficient to get the right items

Why perpetual inventory systems make more cents

Inventory consists of wholesale merchandise you resell and products you manufacture or assemble. You’ve got to keep track of these items, as they represent your future revenues. This means you must kn

Time and Attendance – Flexible working made easy

The current difficult financial climate and advances in technology has resulted in a growth in remote flexible working. As the Government presses ahead with plans to make flexible working available to

How influential is your new business online?

You have started a new business, set up a fantastic new website, signed up to various social media sites and developed a blog. Whilst you sit there feeling pretty pleased with yourself for the amount

Business lessons from ABC's Shark Tank

The idea of gleaning business tips from reality TV might seem as absurd as taking trading advice from Gordon Gekko. Just in case the memory isn’t what it used to be, Gordon Gekko is the corporate raid

How to improve your business with improv comedy

  Improv comedy is an extemporaneous interaction - meaning “spoken or done without preparation or advance thought.” No advance planning? Pretty solid idea as far as a funny theatre performance goes,

Scan this: medication administration made easy with barcode technology

All About Kids Pediatrics really is all about kids. They keep approximately 2,000 of them healthy each month. In doing so they deliver a lot of preventive care services, like vaccinations. Every shot

Bankrupt: 3 takeaways from the demise of Oreck

  Distribution and Sales Oreck chose to distribute and sell its vacuum cleaners through a chain of 96 retail stores it wholly owned. Reports are surfacing that former CEO Doug Cahill left the company

The Lean Start-Up: 3 Important Lessons Learned

1) Launch. Learn. Re-Launch. Experience: In 2008 we went through the experience of leveraging the Internet in our business. It was great because we began to work faster and more efficiently. We began

Your (Interactive) Trade Show Booth

Trade shows, expos, and conventions are some of the most overwhelming and confusing situations one can find themselves in. The onslaught of flashy booths and unruly crowds can rattle anyone. One way f

Preparing Your Income Statement

  The Income Statement is also called the Profit & Loss (P&L) Statement, reminding us that losses are part of the equation. In order to be profitable - simply put - you must stay out of the red and l

Cautions for fast-growing startups

There are three concepts entrepreneurs must understand when securing funding for a fast-growing startup - burn rate, time to out of cash, and time to close. 1.     Burn rate (BR) refers to the amount

U.S. government grants for small businesses

  Grants.Gov The information hub for U.S. Government grants is Grants.Gov. The website emphasizes that federal grants are not benefits or entitlements, but are used for an approved public purpose of

Language Hacks of a Good Salesperson

"There's figures on this... it's 70% how you look, 20% how you sound, 10% what you say." - Comedian Eddie Izzard Conventional wisdom tells us that how you say something counts at least as much as wha

10 Hidden Costs of Running a Small Business

  Many individuals with a dream and an entrepreneurial spirit set out to start their own business. That dream can quickly turn into a nightmare if you don’t have the financial resources to keep the

The ins and outs of market evolution

Non existing Market When a market does not exist, an entrepreneur must create it or recognize a need for it. At this stage, it is important to identify those potential customers who dare to test the

Accounting for your inventory– should you integrate?

When you combine the power of QuickBooks® to manage your financial operations with a robust, feature-rich inventory management solution, you better manage your business. Automating the management of y

Crowdfunding for Small Businesses

The Jumpstart Our Business Startups (JOBS) Act passed Congress and was signed by the White House in 2012. The Act legalizes a new form of crowdfunding – it allows small, unsophisticated investors to b

Sales make the (small business) world go 'round

  Every company, regardless of product or service, is driven by sales. Sales can come from a variety of sources, and in the past few decades marketing trends have been greatly impacted by digital/el

Effective asset management improves your chances of getting a grant

Grants touch the lives of nearly everyone. From 2007-2012, the US government allocated over 5.2 Trillion grant dollars nationwide. The nature and scope of a grant may vary, but accurate reporting and

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