8 Reasons Your Handmade Business Should Use FIFO
Managing inventory and assets is among one of the most important tasks to do properly when it comes to business. After all, your inventory or assets are what you create or purchase to sell to customers. So, it only makes sense for you to carefully keep track of all these. As they are what will […]
7 Key Inventory Management Features for Jewelry Businesses
Running a jewelry business and being an entrepreneur is not an easy ambition. There are many tasks that need to get done. We know time can feel short when you are doing everything by yourself. There is a famous quote that reads “work smarter, not harder”. This is good advice to analyze your operations. See […]
5 Reasons Why You Should Be Tracking Your Inventory Regularly
Inventory tracking is no joke. A lot of the time, this is something handmade business owners put off because of the dread of doing it. We won’t lie; getting started tracking your inventory can be a lot of work. However, it doesn’t have to remain that way if done correctly. Hence, why managing your inventory […]
The Best Places to Bulk Buy As a Small Business Owner
As a small business owner, you’ll quickly learn how and where to cut corners on costs when needed. A great way to save money long term is buying your supplies and packaging in bulk orders. Some items you may consider to bulk order are shipping supplies (such as packaging peanuts/filler, tape), business cards, post cards […]
How to Pay Yourself as a Small Business Owner
Running a small business can give entrepreneurs the opportunity to make additional income, or even allow them to quit their 9-5 to work full-time as a business owner. It can be challenging to determine how much to actually pay yourself once your start your own business. There are a few ways of doing so, but […]