Takt time has always been a topic of puzzlement for all the manufacturers out there. Word ‘Takt’ has German origin and it refers to the ‘Beat Time‘ in a...
Introduction Bankruptcy is a state when a company isn’t able to clear or not in a position to clear all its debts. There are many companies that declare bankruptcy...
A business fails due to many factors that collectively damage the structure of a business and making it hard to recover. Here are the top 5 reasons why businesses...
Introduction Congratulations! So you’ve decided to dip your toes in starting a wholesale business. I’ve assumed that you’ve gotten all the regulatory and administrative stuff out of the way....
Despite the name, Black Friday strikes a different sort of fear in online and traditional retailers. In the United States, it’s probably the single most important day for retail...
As a manufacturer of goods, you’re likely to have finished goods inventory in your business. Plus there’s raw materials and unfinished goods to take stock of too. In addition...
When you’re a wholesaler and distributor of physical goods, you might notice a seasonal effect on the sale of your goods throughout the year. Depending on what you’re selling,...
Introduction As business owners of trading, distribution or e-commerce companies (if you’re holding stock), what’s the worst way you can screw up your business? For starters, having a really...
As a wholesaler or a distributor are you wondering why do you need a business template? It’s simple. For you to be successful in any business you have to...
