Bankrupt: 3 Takeaways From the Demise of Oreck


Oreck failed to grow with changing consumer trends which allowed competitors to earn a large share of the market.  The Oreck family lost more than their family business in the summer of 2013 when they were forced to file for Chapter 11 Bankruptcy. They lost a legacy that David Oreck had built for … [Read more...]

Keeping Up With The Competitors: With Small Business, It’s Personal

Young female entrepreneur working in a home office at her desk

As a small business owner, it’s all too easy to look at your larger counterparts and wonder how you can possibly compete. Whatever industry you are in, don’t be discouraged by the deep pockets of the big box retailer, and don’t compare. Being a small business owner gives you a lot of advantage in … [Read more...]

What To Look For In Asset Management Software


If it’s valuable to your business, you better know where it is and how it’s doing. Asset management software is designed to help organizations efficiently track and maintain the resources and property they own and compiles data on items’ value, physical location, use history and more. While … [Read more...]

Look For These 7 User-Friendly Features In Asset Management Software


Asset management practices and tools have evolved as technology has evolved. Years ago, people had only Excel or some other spreadsheet to track their assets, but the information was always outdated and ran a pretty high risk of data entry, formula and sorting errors. Accounting software tried … [Read more...]

Does Your Customer Service Have The “Wow” Factor?


“You just can’t get good service anymore.” Those are words you don’t want to hear your customers grumbling under their breath after doing business with your company. Poorly trained employees, lack of help, unreasonable return policies and shipping issues, all are a recipe for unhappy … [Read more...]

How Human Error Effects Manual Inventory Management


People make mistakes. It happens because we are all human. However, when inventory management errors continuously occur across your operations, they will cost you significantly in the long run. In some businesses it can mean loss of inventory and profits; in the case of healthcare or … [Read more...]

6 Inventory Management Best Practices


As a small business owner, you naturally have a lot of capital invested in inventory. While your products are the primary source of sales and revenue, they can also tie up a lot of cash if your business isn't using a proper inventory management system.  Inventory takes up warehouse space, requires … [Read more...]

5 Reasons Biometric Time Clocks are Worth the Investment


Once the stuff of science fiction, biometric time clocks are now becoming standard for growing businesses that require a more comprehensive time and attendance system. Biometric technology utilizes the unique attributes of employees (such as fingerprint or iris recognition) to keep track of when … [Read more...]

The Impact of Analytics on Your Business


“The ability to predict future business trends with reasonable accuracy will be one of the crucial competitive advantages of this new decade,” SAS CEO Jim Goodnight recently blogged. “And you won't be able to do that without analytics.” Business analytics can make or break a business in today’s … [Read more...]

How To Prepare Your Small Business For Tax Season

Tax form with pen, calculator, dollar banknote , and glasses taxation concept

April is fast approaching, which means that it’s tax season for individuals and businesses alike. If you’re a new small business owner, this may be your first year preparing and filing taxes on behalf of your company. Tackling your company’s taxes alone is not uncommon: 46 percent of SMB owners … [Read more...]