Exploring the Advantages and Disadvantages of Ecommerce
Many small business owners venture into the land of online sales without fully understanding all of the advantages and disadvantages of pursuing eCommerce. Quantifying the value of adding eCommerce to your brick-and-mortar business can be challenging. To help you weigh some of the benefits and struggles of setting up a shop online, here is
Is the Customer Always Right?
With the creation of “shoppertainment” and hyper-attentive customer service, Harry Gordon Selfridge almost single-handedly revolutionized the retail industry. The creation of Selfridges around the turn of the century gave the world a whole new perspective on shopping, as well as the phrase “the customer is always right!”. Here is the
How to Hire a Chef for Your Restaurant
Restaurant owners know that every single employee plays a key role in handling or assisting one of many important functions of the business. The front-of-the-house staff like billers, bartenders, waiters, captains, or even the valets and doormen have client-facing roles. Their job is to make sure th...
How To Manage Inventory For My Icecream Parlour
Running an ice cream parlor requires a specially equipped restaurant POS. This is especially because an ice cream parlor deals with items that have an extremely less shelf-life. Hence, get an ice cream POS on board, that will help you streamline your ice cream parlor operations exponentially. Know-H...
Tips to Attract the Best Retail Employees
Great people are the backbone of great businesses. Retail is no different. But it’s proving increasingly difficult to know where to find employees (and keep) the right retail staff in your employ. Here are Tips to Attract the Best Retail Employees. Retail workers want higher wages, more flexibility, better working conditions, COVID-related considerations, and
5 Ways to Reduce Restaurant Waste
Food waste is a growing problem around the world. It is estimated that 1.3 billion tonnes of food are wasted globally, 40 percent of which comes from restaurants and other food businesses. Landfills are overflowing with food that could have been repurposed, donated, or composted, alongside other non-food service items such as
A Complete Guide to the Retail Inventory Method
Performing a physical inventory is a time-consuming process, as any retail business owner knows. It takes time and manpower, while sometimes
The Benefits a Business Gets by Using POS Software and Inventory Management
A POS system is an application that allows a business to track sales as they happen. The system includes a range of hardware and software. E.g., an advanced Point of Sale software can come with inventory management.
Fraud Detection and Prevention in Financial Reporting – Is It the Auditors’ Responsibility?
The issue of fraud has been in existence for ages leading to the collapse of most businesses due to misleading financial reporting and misappropriation of funds. It has also questioned the integrity of some key industry players as well as major accounting firms. Unfortunately, fraud is not in any physical form such that it
How to Respond to Negative Reviews: Tips To Boost Your Ratings
Whether people are on the road traveling to a new exciting place, or simply searching for a service in their own neighborhood, chances are