Importing goods is all about utilizing a country’s comparative advantage. Other countries outside of yours will have an advantage in producing certain goods because of lower costs, a highly-tuned...
Not Another List of Inventory Management Techniques! I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for...
Why Are You Here? You’re an entrepreneur planning to open a new online business. Or you’re already running an online store. Stop for a while. Getting the right advice...
As a small business owner, you have a lot of things to juggle. Profitability and cash flow are always at the forefront of your mind. Plus you need to...
If you Google something like “how to get existing wholesale customers to buy more from you” you’ll get pages of results showing anything from 1 to 10 ways to...
When you’re in the e-commerce industry or entrepreneurship space, buzzwords like “drop shipping” and “Amazon FBA” just roll off your tongue. These two e-commerce business models have really taken...
Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow...
You would have no doubt come across the “B2B” keyword being thrown about in the course of your wholesale or distribution business. And you might have shelved the thought...
I see that you’re looking for a solution to manage your inventory using a barcode scanner. But let’s get something out of the way up front. I assume that...
Introduction The Internet has really cut all the boundaries and limits to reach millions of people. And it helps them to connect with each other. Retargeting consumers is a...