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Is Excel truly meeting your inventory management needs? Small businesses, with a small staff and a small amount of inventory, may successfully use Excel. However, as a business grows, the limitations of Excel become very real obstacles. Moving to a more efficient, cost effective inventory mana Read More

Patient rights are protected by the privacy and security rules of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). These rules hold the healthcare industry accountable during the collection, viewing, and dissemination of patient information. In the past, security of paper Read More

October’s government shutdown cost U.S. taxpayers $24 billion. Although a deal was made to end the shutdown, that deal ends January 15, 2014. As a small business owner, not only do you need to recover from both the short and long-term impacts of the shutdown, you will also need to prepare for the Read More

Halloween may be over but the threat of a zombie apocalypse transcends far past the spooky holiday. In fact, over the last year, the idea of a zombie outbreak has infiltrated books, movies, and television shows. For those unfamiliar, a zombie apocalypse refers to the breakdown of society as a resul Read More

As we detailed in our previous article, Tracking Nightmares, inventory shrinkage is a huge problem in North America effectively robbing retailers of billions each year. It’s bad enough when inventory disappears because of theft by customers, employees or suppliers, but it’s especially frustrating w Read More

Inventory health is a good indicator of a company’s financial well-being. Unbalanced inventories lead to company chaos in the form of far too much inventory, or not enough inventory to restack shelves – both of which can be devastating to a companies incoming revenue. Monitoring inventory is a proa Read More

At one point, former business owner, Jon Taffer, owned 17 restaurants. He has also consulted on 800 businesses and is the author of the new business book, “Raise the Bar.” In an interview with Business Insider, Jon Taffer shares his thoughts and expertise on the most common mistakes that small busi Read More

In 2011, the lodging industry generated $21.6 billion in pretax income. Hotels are constantly working to offer the best customer experience and services. In order for hotels to achieve glowing, customer satisfaction reviews and to encourage new and returning visitors to stay, they need proper syste Read More

When you are unaware of the exact location and status of your fixed assets it is much easier for them to become lost or stolen. The results can be time lost in locating them, lost productivity, and the wasted cost of replacing missing assets. Examples of fixed assets include computers, iPads, cell Read More

If you have so much money tied up in slow-moving inventory that you can’t afford to restock other inventory items, your customers will have little sympathy for this state of affairs. Here are a few ways you can add a little discipline to your inventory planning and avoid angry customers. Read More