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Five Ways to Increase Cash Flow

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Virtually all small business owners struggle with issues of working capital and cash flow, especially in rapidly growing companies. Although many companies finance growth by borrowing funds to increase their Free Cash Flow (FCF), this approach does have drawbacks. Long-term financing can negatively … [Read more...]

5 Asset Management Best Practices

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Managing fixed assets is a challenge that grows exponentially as your company grows. If you've been charged with tracking fixed assets, you'll find that you need to be exceptionally conscientious and dedicated. As you undoubtedly know, any challenges in fixed asset tracking could potentially lead to … [Read more...]

Small Businesses: Using Virtual Inventory to Compete with Amazon

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As a consumer, you love the low prices and the vast inventory Amazon offers on a daily basis. On the other hand, if you are a small business, Amazon's enormous warehousing strategies place a large hurdle in your company's path to success. Most small businesses have little choice but to be drawn … [Read more...]

Three Ways to Reduce Inventory Cost

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Inventory cost is defined as the cost of holding goods in stock. If you’re looking for a way to reduce your inventory cost, chances are you’re stocking too much inventory. Too much on-hand inventory increases your storage costs—thus your cost of goods sold—and ties up liquid cash. Here are three … [Read more...]

How Investing in Barcodes Saves Money

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World Class Controls in the Palm of Your Hand Big box stores, Internet giants, logistic companies, and freight handlers control each step of their operation. By using real-time data they can improve capacity, inventory control, track assets, and increase efficiency. Small to mid-size businesses are … [Read more...]

4 Unsung Reasons Why Running a Classroom is like Operating a Small Business

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“You have to do a LOT of bookkeeping,” explains Lynn Maslinkski, a veteran third-grade teacher in Avon, Ohio. “Our bookkeeping involves attendance, keeping track of grades, keeping track of student data, and much more.” Teachers must excel in many of the same operational tasks as small business … [Read more...]

Custom Barcode Labeling

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Custom barcode labels help your company identify fixed assets and manufactured or retail products while also maintaining your individual brand. A barcode system that includes built-in, barcode design capability, allows you to generate custom barcode labels that can consist of both images and 2D … [Read more...]

Benefits of Handheld Mobile Computers

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According to a Cisco study, 3 out of 5 workers say they don’t need to be in the office to be productive.  Mobile computing devices allow these individuals to choose a work location instead of the task determining where work is completed.  Currently, smartphones, tablets, and mobile computers are the … [Read more...]

Managing Inventory for Education

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For those in education, an automated inventory system can be priceless. Schools and universities are responsible for the storage of nearly limitless supplies and books—from front office supplies to classroom texts and full libraries. The information and materials available at these institutions is … [Read more...]

3 Reasons Walter White (and Every Small Business Owner) Should Implement Inventory Tracking

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WARNING: this post contains Breaking Bad spoilers (and useful advice for your small business). Winning an amazing 5 Emmy's last night, there’s no doubt Season 5 of Breaking Bad was well received. But now we wonder how Heisenberg would have been able to effectively manage his inventory if the … [Read more...]