Unfortunately, inventory management mishaps can create some seriously costly issues for your small business, including missed sales and expensive storage fees. Avoiding these issues will only become more difficult as your business grows and expands. This is why it’s crucial to implement a solid inventory management system as soon as possible.
Most people think of online business being nothing more than a “side hustle” that supplements their regular day job. But doing business online has too much potential to be treated like a second-tier or an afterthought business.
Standing out and finding entrepreneurial success in a post-COVID world will be a significant test, especially when you consider we don’t know what the world will look like in 2021 and beyond. However, there are things you can start doing now to prepare yourself and ensure a strong starting position to capitalize on an industry-changing idea.
After months of quarantine, the prospect of re-emerging into the world and restarting business operations now might seem almost as foreign as shutting down and staying inside seemed a few months ago. Even if you’ve been ready for the reboot, how it happens might seem just as uncertain; there’s no unified game plan, no checklist of steps for business owners to follow, especially considering the economic devastation that’s followed in the wake of the COVID-19 pandemic.
Running an SEO-friendly blog on your e-commerce website is essential for the success of your business. It gives you more opportunities to offer top-notch content that both your target audience and search engines will love.
If you’re unsure how to create an advanced SEO-friendly blog that will boost your rankings, here are a couple of crucial steps.
It’s true that the world is at a standstill, thanks to the coronavirus pandemic. However, this isn’t to say that your small business needs to do the same.
As we move through these challenging (and might I add, very odd) times, our need to be able to work from home is constantly increasing. Even after we survive our generation’s global pandemic, and no matter how much or how little our societies change, home-based businesses will likely play a larger role in our future.
Startups operate under extremely tight budgets, which makes it almost impossible for them to set aside a marketing budget. Ignoring marketing and advertising becomes an easier (and cheaper) option for them.
I like to think of myself as a productive person. I have a list of tasks and prioritize to get those tasks accomplished. However, I have suffered failures by not defining my productivity for a specific purpose.
It’s not uncommon for entrepreneurs and small business owners to use their personal bank account to patch their business expenses, especially during the beginning of their endeavor and in the time of crisis. This opens the door to a habit of constantly using personal money to finance business expenses.
