Small businesses collectively play a crucial role in a healthy economy. They cultivate growth and innovation in their surrounding communities and stimulate the economy by creating more jobs. However, the current crisis has many small businesses sitting in the wakes of uncertainty from the COVID-19 pandemic. We are here to help other small businesses demonstrate…continue reading
eCommerce Fulfillment: 3 Best Practices
Over the last decade, eCommerce has become more and more prevalent worldwide. By 2021, global eCommerce retail (B2C) sales are projected to reach 4.8 trillion dollars and U.S. B2B eCommerce sales are projected to reach 1.2 trillion dollars, according to Statista. With eCommerce sales projected into the trillions, there isn’t much doubt about how lucrative…continue reading
7 Essentials in an Inventory System for Small Business
From robust inventory control to web store & EDI capabilities, an inventory system for small business should have 7 essential features to help manage daily operations, control inventory, serve customers, and make better decisions. A business is considered “small” when they employ fewer than 500 employees. But don’t let the label fool you, according to…continue reading
How to manage inventory effectively: 5 components of successful inventory management
As a small business, you may feel you don’t have the right resources or enough time to manage inventory. However, with these five practices, you can ensure efficient inventory management for your business. My accounting knowledge has been a great complement for my role in implementation of inventory management software. Because I took managerial accounting…continue reading
