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Spreadsheet Accounting: Fixed Asset Management


When you first imagined starting your small business, you probably envisioned all the benefits of ownership: freedom to make decisions, being your own boss, and, of course, future profits. In fact, financial success is more than likely the driving force behind your persistence. However, financial … [Read more...]

Black Friday: Preparing and Maintaining Inventory for the Rush


For many retailers, Black Friday is a hectic mess of organizing, planning, and logistics. Whether a store's Black Friday sales are successful is highly dependent on preparing prior to the rush -- and each year there is more to accomplish before doors open.  In 2012, Black Friday shopping hit a … [Read more...]

Push vs. Pull Inventory Management Strategies


Most companies have a better chance to profit and satisfy customers when inventory managers develop an effective and efficient inventory management strategy. The right strategy ensures access to the right products, and it also helps control costs associated with buying and storing goods. … [Read more...]

Supply Chain Management Degree: Selecting the Right School


Considering going back to school? According to Bloomberg Businessweek, supply-chain management is one of the hottest tickets in B-school. The importance of a properly managed supply chain shouldn’t come as a shock. After all, ensuring goods are ready and available for customer demand can’t happen … [Read more...]

Optimize Inventory Management


IBM reports that 54% of Chief Supply Chain Officers will be optimizing their inventory management to help control and reduce costs. To accomplish this, they’ll demand increased visibility and more robust business intelligence derived from all aspects of the supply chain. Fully optimizing inventory … [Read more...]

Reducing Employee Theft through Inventory Tracking


64 percent of small business owners, who took part in a recent study conducted by a University of Cincinnati criminal justice doctoral student, said they have experienced employee theft . However, although more than half of owners indicated they’d experienced employee theft, only 16 percent reported … [Read more...]

Inventory Nightmares: More Stories of Inventory Tracking Hell


This isn’t the first time we’ve shared stories of inventory tracking nightmares—instances when improper inventory tracking led to scary situations—and it likely won’t be the last. Although a solid inventory tracking system is important, many businesses don’t have an accurate and efficient tool to … [Read more...]

TV Worth Watching: Shows for Small Business Owners


Although inventory and asset tracking is an important part of business, we recognize small business owners need to know more about their business than the location of critical assets or how much stock is needed. In fact, a number of recent shows center almost entirely around how a business is … [Read more...]

Select Labs Automates Time and Attendance with WaspTime


When the medical practitioners of North and South Carolina need laboratory diagnostics, they often turn to the blood and urine analysis services of Select Labs. Despite the advanced technology Select Labs used to ensure the accuracy of its analysis, it struggled with its monthly payroll services. … [Read more...]

Tracking Government Grants: Compliance with Federal Regulations


When people think of government grants, it’s likely their first thought is of grants for student financing enabling teenagers to attend college. However, there are many grants and sub-grants offered to businesses for a variety of reasons. Grants may be obtained to fund scientific and technology … [Read more...]