Achieving equilibrium between cash flow and inventory demands meticulous planning from business owners. The average wait for payment from clients has stretched to about 29 days. With that type of ...
At this point in the game, every merchant should assume they’re competing with Amazon’s vision for the future. If you set that as the bar, you’ll achieve greater things than just incremental ...
Growing an online business is incredibly difficult without healthy cash flow. If customers / sales channels are slow to pay, a seller can’t pay their suppliers and employees. Without paying suppliers ...
Having spent 17 years in the business of accounting and financial analysis, it's upsetting to see how few founders understand their company's inventory turnover. And even fewer realize it's a problem.
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Mattress Firm aims to streamline its inventory ...
A small business must decide on how it will account for the inventory of goods it sells. The decisions can have a substantial effect on taxable income. An owner can choose how to value inventory, the ...
A local banking executive share insight on how Northeast Florida entrepreneurs can insulate themselves from the ups and downs of the holidays.
Inventory can consist of merchandise you prepare for retail sale or products you create from raw materials and labor. In either case, you don't expect to sell all your inventory in a single ...
Cash flow. Whenever I get a call from a small retailer looking for help, they often are most concerned about cash flow. They may describe it in different terms — their sales are flat, margins are off, ...
DriveTag is a customized barcode labeling service engineered to simplify product identification, streamline logistics and ...