4 Ways Small Businesses Are Changing Ancient POS Trends

As a business owner, it is important that you set up convenient payment options for your customers to use when buying your products or services. An inconvenient, stressful or untrustworthy payment process can result in lost sales and the likelihood that some customers will take their business elsewhere. Technology for point-of-sale (POS) systems has dramatically improved in recent years, and this makes it easier for your company to obtain payments immediately from customers while also providing them with the more convenient methods of payment they desire. By learning more about the modern solutions available for point-of-sales systems, you may be able to improve your operations, make it easier for cashiers and increase customer satisfaction.

6 Things to Consider When Your Business Expands

When you are considering expanding your business – that is always a cause to celebrate. Sales might be doing well and you decide you need to find a bigger space so you can hire additional employees. So far so good. But, are you really ready for the expansion? The decision to extend the scope of your business must be a result of thoughtful consideration of various factors, including the financial, logistical, even your emotional readiness. Many successful small businesses have faltered or even failed because they expanded too quickly before they had worked out processes and procedures that were scalable.
The rule of thumb is that you should only expand when there are untapped opportunities that can benefit your business. You need to think about the following points before embarking on business expansion:

Ways to Make a Happier Blue-Collar Workforce

Not enough is said about blue collar workers in the media today. While those in more prestigious industries are often written about, blue collar workers are the backbone of society and deserve more attention. If you oversee a staff of blue collar workers, here are some tips on how you can keep them happy, satisfied, and productive in their work.

The Most Outsourced Jobs in 2017

The term outsourcing represents a business partnership between a company and an individual (or company). In this partnership, they agree that the company will contract services from an outside provider who will be paid an agreed upon fee for their services. This type of business partnership can be long or short term. An important detail of outsourcing […]

Pros and Cons of Hiring a Business Consultant

With the “Gig” economy booming, hiring outside consultants has quite fashionable these days. Even smaller companies and startups are hiring them. However, are they worth the price? Let’s look at some of the pros and cons of hiring a business consultant, especially for a smaller venture.

Business Process Outsourcing (Infographic)

Outsourcing is becoming more common as companies strive for efficiency and outsourcing allows for a fluid workforce that can be sized to accommodate more or less work volume. In 2014, U.S. manufacturing outsourced 53% of their work while IT services outsourced 43%, R&D was outsourced 38% of the time, Distribution 26% and Call or help centers 12%. This does not mean that all of those jobs went overseas. Some outsourcing occurs as larger companies hire smaller more specialized companies to perform portions of specific tasks.

Prospecting for Success

It’s the rare business that doesn’t want to increase sales and thus increase profits. Of course the most obvious way to increase sales is to get more prospects.

How to use International Commerce to get your Business “Booming”

Untapped markets throughout the world are waiting for a product or service like yours. The problem is, you either don’t know they need what you have to offer and or you have no idea how to get it to the appropriate markets. While these are common barriers for entrepreneurs, they can be navigated with the right approach. Here is how to use international commerce to get your business booming.

Fast Track: How to Streamline Your Hiring Process

If your company is struggling to hire new employees, it’s time to review your hiring processes and change some of your practices. A sluggish economy that is compounded by competitive candidate market means most companies need to speed up their hiring processes through strategic planning, better decision making, and implementing technological solutions.

Startup Success: Max Sales-Low “Burn Rate”

The key to a startup success is knowing that the faster your startup can get from a business plan to revenue, the more likely it is the company will survive and succeed. Many new businesses measure their finances in terms of their “burn rate,” which is a number that indicates the rate at which venture capital is being used and not replaced through sales.