Sales figures, inventory tracking, customer retention, ad performance — as a small business owner there are countless metrics and statistics you’re expected to track. While each measurement serves a unique business purpose, having too many metrics can be overwhelming. To avoid “paralysis by analysis,” you need to identify which metrics are the most important to […]
Bootstrapper Q&A: How To Manage Inventory Levels Over The Holidays If you run a small business, the holiday shopping season represents a mixed blessing of sorts. It’s likely one of your busiest and most profitable selling times of the year. It’s also potentially problematic when it comes to managing inventory levels. If you order too much […]
If you find yourself short on the funds necessary to run your business, consider the following proven methods to increase your small business cash flow.
Whether its full-service or fast food, many of the challenges of running a restaurant are the same. Don’t let these three issues take you by surprise.
When it comes to running a small business, every dollar counts. Take a closer look at these five revenue sources to avoid leaving money on the table.
Prime cost is simply the addition of your two key controllable costs, labor and cost of goods. Ideally, you want to keep these costs around…
The holiday season is likely one of your busiest selling times of the year. It can also create challenges when it comes to managing inventory levels.
Small improvements can have a huge impact. If you care about your restaurant’s success, make sure to keep these ten high-priority items on your to-do list.
Sales are important, but profits are better. Here are some common pitfalls that can hurt your restaurant profits, and how to fix them.
A business can go under even though it’s profitable. To understand why, you need to know the difference between net profit and cash profit.
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