Entries in the ‘Managing Small Business’ Category:

Small Business Inventory – To Manage Or Not to Manage

What does small business inventory have to do with profitability?Most small business owners are not inventory management experts and they shouldn’t be. Most of them possess some special skill or knowledge and build their business upon it. At the beginning, it is usually rather simple, even if they sell products – the range of products [...]

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10 Ways to Take Advantage of Free Traffic to Your Small Business Website

Although paid advertising is the fastest way to generate traffic to your small business website, unless you are experienced in managing PPC campaigns it can be very costly. Your alternative is to fully take advantage of free or organic traffic to your website. If you are just starting out online, there will be plenty to [...]

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Uncovering Fraud in a Small Business

It’s hard enough managing a small business but when your small business is confronted with fraudulent activity by an employee, it is almost crippling. Five percent of a typical businesses revenue is lost to fraud each year. This five percent adds up over time and unless the fraud is uncovered, it can create cash flow [...]

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What is Standing in the Way of the Magic of a Healthy Small Business?

The “magic,” of course, is energy ordered to the needs of maintaining the integrity of our businesses. For energy to flow there must be a “circuit” for it to flow through, whether we are talking about the simple circuit found in a flashlight or the more sophisticated energetic circuits found in living beings. The kind [...]

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Managing Third Party Logistics Relationships

Outsourcing all or a part of your firm’s supply chain to third party logistics (3PL) providers has now become the norm across the industry. However, it is important to identify the right provider who can meet your particular requirements and maintain an enduring and healthy relationship, after the contract to engage him/her has been inked. [...]

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