Good Data Helps Minimize Life Cycle Costs

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Most small business owners and managers have purchased equipment solely because of decreased cost.  Unfortunately, what looked like a great deal may have cost more to maintain than the pricier alternative. This is why forward-thinking professionals use Life Cycle Costing (LCC) when evaluating items … [Read more...]

5 Ways a Time and Attendance System will Save You Money

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For small businesses, investment in time and attendance software often takes a backseat to improving customer retention or finding new customer acquisition methods. The time and attendance systems already in place at small businesses can lead to inertia -- an unwillingness to switch to a more … [Read more...]

Rock and Roll Heroes: Managing the Logistics of Live Concert Tours

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Everybody applauds musical performers, but few people appreciate some of the true heroes of live concert tours. These are the logistics and inventory managers who make sure that everything from musical equipment to souvenir T-shirts shows up on time and doesn't get lost to inventory shrinkage. These … [Read more...]

7 Supply Chain Predictions For 2015

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With the New Year now well under way, here are some supply chain predictions that could help make 2015 even better. Globalization The supply chain world is already a global one. Since markets are so interconnected all across the globe, parts come from different places in the world. It is crucial … [Read more...]

Inventory Management 101

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Almost every business carries inventory, regardless of the organization’s size. Inventory includes raw materials, work-in-progress, and finished goods. No matter which category a business’ current stock falls within, those items need to be counted and tracked. Accuracy determines whether a company … [Read more...]

Small Business in 2015: Eight Stats You’ll Want to Share

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Before we went about creating our 2015 State of Small Business Report, we scoured the Internet for concrete numbers that would help us compare our company’s growth and direction to other small businesses – but all we could find were theories. For that reason, we developed a study to collect data … [Read more...]

4 Reasons Small Businesses Fail

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Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is, too many of them fail.  The U.S. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year. According to the Small Business … [Read more...]

Small Businesses are Bullish on the Economy

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2014 ended with a bang: the stock market finished with near record highs, unemployment rates fell to 5.8% (almost a full point below predictions), and economic growth reached an 11-year high during the third quarter.  As a result, small business leaders are more confident in the economy and have … [Read more...]

5 Key Benefits of Barcode Software

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From healthcare to education, the uses of barcodes are far-reaching and, as a result, so are the benefits of the software used to create and scan these barcodes. Aren’t using barcode software yet? Here are five key benefits of barcode software that might just make you change your mind: Easily … [Read more...]

2015 State of Small Business Report

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The New Year is a challenging time for all small businesses as we reflect back on the previous year and plan for the future.  At Wasp Barcode, we continue to hear from our small business partners that industry-wide metrics, specific to small and medium sized business, are difficult to find and are … [Read more...]