The Reluctance to Automate Leaves UK’s Food Industry Stagnant
Competition is rife in every industry. In order to keep up with competitors you have to be innovative and quick.
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Looking to your Competitors for Business Success
There are many factors that can contribute to business success or otherwise. When first starting out, business owners can be focused solely on serving customers that they forget to check out the competition.
How To Use Xero in 13 Easy Steps
13 may be unlucky for some but if you follow these 13 top tips on how to use Xero and make the most out of your account you won’t need luck.
How to Start a Private Label: A Chat with Sarah Ferrence of Mod. Merchant
Have you ever considered selling private label products? If so, keep reading. For this post, we caught up with Sarah Ferrence, the founder of Mod. Merchant, a firm that helps retailers and wholesalers adapt and grow their businesses in the new era of retail.
How to Refinance Your Business Debt
Many firms will decide to take on debt at some point, at different stages of growth and for several reasons.
How to Deal with your Excess Stock and Stay Green
In an ideal world, your business would never have excess or obsolete inventory. However, this can and often does happen when demand for certain products decreases and supply remains steady or increases.
How to Avoid Cash Flow Problems
Cash flow can be hard to get to grips with for any business; whether you’re growing, just starting out, or established. In fact, 82% of businesses become insolvent because of bad cash flow.
How the Automotive Industry Manages Seasonal Pressures
Managing seasonal pressures in the automotive industry is an ongoing struggle for car dealers, repair shops and others in the auto business.
Get Your Staff Ready for Cloud-Based Software
Shifting data, systems and the inner workings of a business onto the cloud can be a big move. However, it’s hard to stay away from the cloud these days; the applications of cloud-based software are seemingly endless.
9 Reasons Your In-Store Retail Displays Aren’t Working — and What to Do Instead
One of the major differences between brick-and-mortar and ecommerce retail is the ability (or inability) to create a physical customer-product interaction. In-store retail displays allow you to draw attention to specific merchandise, round out the immersive in-store experience, and flex your creative muscles. In-store retail displays play a crucial...
Managing Supply Chains Effectively During the Holiday Season
Gift giving is a major part of the holiday season. As a result, the holiday seasons is hectic, not only for the consumers, but also the retailers and manufacturers supplying the gifts.
Streamlining your Small Business for Greater Efficiency
One of the complexities of managing a small to medium sized business is having the ability to optimise your organisation, enabling it to run more efficiently.
Technology + Humanity = The future of services
Running your own business is awesome, right? There are not many other lifestyles that afford the opportunity to enjoy the kind of life you’ve always dreamed of, on your own terms. Time, money, flexibility… the chance to have it all.
We Asked Retailers About the Habits That Led to Their Success. Here’s What They Said.
Highly successful retail businesses don’t just happen overnight, nor does it (usually) occur because of one big, bold action.
Ready, Set, Grow: A Guide to Funding Business Growth
Almost every small business struggles through ups and downs on their journey to funding business growth.
“Let me tell you how it will be”: What the taxman can teach you about getting paid on time
I recently overlooked a GST bill. The taxman is not okay with that. He wants his money. And fair enough; I want free healthcare and the other benefits of being a taxpayer.
Local Store Marketing for Retailers: 6 Ideas to Boost Your Presence in the Neighborhood
Local store marketing is critical for many retailers, particularly those who have brick-and-mortar stores. Chances are, the bulk of your foot traffic comes from people in the neighborhood, so it’s vital that you get yourself in front of as many locals as possible.
How to Stay Productive When You Work Remotely
Working remotely or freelancing has its positives— working in your pyjamas being one of them— but when it comes to self-motivating and staying productive, it can be an uphill battle.
How to Prevent and Handle Internal Theft in Retail Stores
When thinking about threats to your retail store, shoplifting is probably number one, right? The idea of someone swiping hundreds of dollars of products into a giant bag and walking out with them is horrifying, isn’t it? (post by Cara Wood)
How to Engage and Sell to Gen Z
While millennials are still a significant consumer segment for retailers, there is another shopper group that’s continuing to gain spending power
Best and Worst Businesses for Cash Flow
No matter how inventive or simple your business model is, you can still have problems with cash flow. Here is a rundown of the best and worst businesses for cash flow.
Avoiding Supply Chain Woes
More and more companies are failing because of risky supply chain issues. When working within global supply chains a lot of unknowns or changes to previous business methods can result.
7 Examples of Good Customer Service in Retail (and How to Apply Them to Your Stores)
While there are many things that can affect the in-store experience (e.g. products, prices, store environment, etc.) customer service is always going to be one of the top factors that impact how shoppers perceive your brand.
5 Essential Business Costs Not to Skimp On
If you are a startup owner or entrepreneur, it is no secret that you may be working within a tight budget. The ability to make pennies stretch is an important survival skill.
3 Ways to maximise your portfolio performance in 2018
With stock market volatility the highest it’s been in over two years, it’s easy to lose your cool and forget your long-term goals.
3 Key Trends That Will Drive Business Success in FY 2019
As some of us begin a new financial year, it’s time to reflect on trends from the year that’s been. The 2018 financial year continued the dramatic trend of change that small and medium sized businesses have been experiencing for the last few years.
Putting Two and Two Together: Manufacturing Inventory Management and Quality Control
When it comes to quality control as a manufacturer, it’s important to remember the role inventory management has on your ability to moderate quality. In terms of running a business, your aim will be to make quality products that will sell, with as little waste as possible.
The Retailer’s Guide to Cashier Training: Getting People up to Speed with Your POS
Perhaps the most important part of retail is the moment of the transaction — when money transfers from the customer to the cashier. (post by Cara Wood)
Why Do Businesses Fail to Grow?
No entrepreneur or business startup sets out to fail, yet in every industry, there are those companies that grow and dominate their markets, while others stagnate or ultimately fail.
Innovation Poses New Challenges and Opportunities in the Food and Beverage Industry
One critical factor for food and beverage industry growth is innovation. While the food and beverage players are experienced innovators, the industry itself is facing new consumer, food safety and regulatory challenges.
