Tax Season: What Can You Do Better This Year?

tax form with calculator, money and pen

Research from the Internal Revenue Service (IRS) found small businesses pack a punch in the U.S. economy. Of individual income tax returns filed in 2014 (the last time data was available), 46 million - or one-third of tax returns - reported income from a sole proprietorship, a corporation, … [Read more...]

The Youth Sports Embezzlement Epidemic And Asset Management

A multi-ethnic group of elementary age boys are sitting in the bench waiting for their turn to bat during the baseball game.

There are adults taking hundreds of thousands of dollars earmarked for the children of their communities and businesses thanks to the failure of making investments in asset management. The connection is stronger than you might think. For many businesses, fixed asset management means ensured … [Read more...]

The Tax Break Designed To Help Small Businesses Succeed

tax form with calculator, money and pen

We’re have already wrapped up 2016 and are focused on taxes. If you’re a small business owner, we want to know: Have you taken advantage of Section 179 yet? As you may have heard, and even if you haven’t, you need to get together with your accountant and discuss why. The end of 2015 was marked … [Read more...]

FreshDirect Shows How Valuable Effective Fresh Food Management Can Be

Delivery man delivering to home box with organic food, talking with female customer.

Food e-commerce giant FreshDirect recently raised $189 million in an investment round led by J.P. Morgan Asset Management, in large part due to the company’s ability to manage its inventory right and to deliver on consumer demand for fresh food. “As demand for fresh ingredients delivered to your … [Read more...]

Inventory Management Tips For Suppliers and Vendors

Architects and Customer in Office.

Target recently announced new, stricter rules for its suppliers in an effort to increase efficiency and reliability in its supply chain. The big box retailer has been plagued with supply chain snafus leading to empty shelves and missed sales. This has made it more difficult for Target to compete … [Read more...]

Why Small Businesses Must Avoid Reusing Barcodes

A barcode is an optical, machine-readable, that describes something about the object that carries the barcode.

More small businesses are recognizing the power of the humble barcode, the decades-old technology that even retail giant Amazon uses to great effect in pushing thousands of items out to customers each day, to help bring order, clarity and savings to their business model. Unfortunately, some … [Read more...]

3 Ways To Make Customer Service Your Best Supply Chain Strategy

Business woman working on freight transportation and using a tablet computer to check stock at a warehouse

Should your customers call the shots in regards to delivery expectations within your company? Quite a counterintuitive thought, isn’t it? You know your business best, so shouldn’t you design the shipping processes of your business? Jim Tompkins, CEO of Tompkins International disagrees, according … [Read more...]

Three Challenges: The Top Concerns For Small Businesses In 2017

Happy Latin American business woman doing the books at a restaurant

2017 promises to be a year filled with surprises. A new president, a shift in partisan politics, and a number of questions and concerns that beg for answers await everyone, especially small business owners. How will these changes affect your operations, your business, your people? According to Wasp … [Read more...]

2017 State of Small Business Report: The Survey Says….

Shot of a smiling cafe owner  and employee barista standing inside a coffee shop looking at new menu on a digital tablet

Small businesses (SMBs) are the heart of the American economy. In fact, studies show a new business is started in the U.S. every minute. It’s even been said that more than 50 percent of all workers will be self-employed by 2020. [Tweet "More than 50 percent of all workers will be self-employed by … [Read more...]

Are Small Businesses Looking Forward to President Trump?

The White House in Washington DC at beautiful day, USA

While there’s plenty of interesting data in the Wasp Barcode State of Small Business Report this year, one section stands out: Because we’re in the early days of 2017, and Trump's presidency, respondents—over 1,100 small business owners and executive leaders—were asked for their outlook in regards … [Read more...]