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In years past, consumers who wanted gifts and other goods immediately had to visit brick-and-mortar stores, or plan ahead by buying online and waiting multiple business days for product arrival.However, careful planning for gift-giving has always reigned, with last-minute ideas or inspiration all b Read More

When a business buys a fixed asset, a long-term asset used in the production of inventory, which is then sold for a profit, it commits to keeping the asset on their books and in their tax returns for years to come. The cost of the asset must be allocated over the course of its useful life, since it Read More

Smart businesses know that they have to have control of their inventory to be successful. Having a proper and dedicated inventory management system will allow them to not only have have control of their inventory but also will allow them to move it as efficiently as possible. Read More

With barcodes used predominantly on everything around us today, from the products in your household to the tickets to an event you may be attending this weekend, barcodes have become a part of everyday life. Read More

It’s what determines a company’s strong or weak image, the financial position your company is in and it even determines business failure and success. This influential force is cash flow. Read More

Fraud takes on many forms as it silently creeps through the global supply chain in search of its next victim. Sometimes it starts with a supplier who falsifies labor expenses and exaggerates bills. Other times it’s an employee who pumps up his expense account or a contractor who promises kickbacks Read More

The heart of any small business is its warehouse. Products and data flow through it day and night. Profitability and overall customer satisfaction depend on the efficiency of inventory tracking within its four walls. Read More

Thanks to recent advances in technology, more businesses have started creating, printing and utilizing barcode labels for themselves. While some business owners may be content to outsource barcode creation to a third-party, those who use their own barcode printer know that doing so allows their com Read More

Small business owners may think that accounting for inventory ends upon its purchase. The real cost of carrying inventory involves much more. Considering the fine line that half of all small businesses walk between success and failure within their first 5 years, understanding the real cost is cruci Read More

Nearly everyone everywhere has seen a barcode today. Barcode’s have revolutionized the way we package and transport merchandise. A barcode, by Investopedia.com’s definition, is a graphical representation of a product’s identifying information formed by two-dimensional pattern of black and white str Read More