Weâre going to say it, loud and proud: small businesses are the backbone of the economy. The Federation of Small Businesses reports nearly 6 million businesses with fewer than 50 employees, with half the gross revenue of the entire private sector. Some of these businesses are very small â so small that they are run entirely by the business owner alone.
These tiny but fierce businesses thriving today in the competitive market are called ânano businesses,â with âfewer than oneâ people engaged
WISSLERÂ is a bar and restaurant serving cold beer, tasty cocktails, and maybe the best burger in town. They are located in Spain. The owner of WISSLER, Mr.Duus, shared with us that they aim to give each customer a great time when they are visiting their bar by offering a great atmosphere and not only serving food and drinks.
-Can you briefly describe the story of your business?
My girlfriend and I moved to Spain about one year and a half ago. We have been working here on and off becaus
When running a food service or retail business, it is crucial to evaluate it regularly to ensure that youâre on the right track. One of the most integral parts of your business is managing your inventory.
Inventory management is an essential part of supply chain management that ensures you have the right products in the correct quantity for sale at the right time.
How has your small businessâs inventory management been so far?Â
Have you had the right products and the right quantit
Bazzar & Company is a company specialized in the sale of all kinds of products, such as kitchen products, carpentry supplies, garden products, etc. It operates in Argentina. Argentina is a country with very little production. Most of the products are imported and Bazar agrees to sell products through suppliers that do business with other countries. Bazaar&Co has several branches. We met with Mr. Huang, who runs one of them.
How did you start this business?
I was born and raised
With the vaccines being rolled out in all parts of the globe and as the economy reopens, things are beginning to look up again for small businesses.
Small business owners are hopeful that now is the best time to take that plunge or level up the way they run their business, as chances for profits are on the rise. To be successful, you will need to grab your consumer's attention and make your business stand out from competitors.Â
Here are 9 game-changing tips every small business owners
- Could you explain about your business?
My name is Felix from Indonesia, and founder of HĂ«rbox. HĂ«rbox provides vegan rice boxes & catering serving the Jakarta Metropolitan Area. HĂ«rbox is started in 2020 May as a survival project against the COVID-19 pandemic for our business. Originally, our main business was Tyfel Coffee - the vegan Friendly and specialty coffee shop. But, due to the pandemic and lockdown, we adapt, and now we do everything online. Within 1 year we are able to expan
Edison Wang is the founder of a Co-Operative for dog owners community in Indonesia, Koperasi I-RAW. The Co-Operative now has 47 Member-Owners serving over 1000 members of the I-RAW community and thousands more general public. Ever since the founding of the Co-Operative, Loyverse has been the best solution for them in managing and growing the business.
- Could you explain about your organization?
One year ago, I had an idea of starting a Dog Owners Co-Operative to help small business ow
You can read about past times from books, look at old photos and movies or listen to stories, but have you ever got a chance to step inside the history? This is the mission of BLUERAY. They know how to experience history as if on your own skin. BLUERAY makes the impossible possible and brings the past to life. It offers virtual time travels as a service, and they do custom solutions for others.
Egle RÀÀsk, the founder of BLUERAY, shares with us the history of this special entrepreneurship a
Mimo Berry is a beauty business based in Accra, Ghana. Having started from humble beginnings 3-years ago, Mimo Berry has experienced a lot of growth and is now known for its colorful hand-drawn nail art. We met with Mirian, a self-taught nail technician and owner of Mimo Berry, to learn more about her business and experience so far.
How did you start Mimo Berry?
I am a self-taught nail technician. The business started from my living room with one chair, one table, and a few prod
Keeping your restaurant business up and running amidst the fierce competition and rapidly changing trends can be challenging. Seasonality, the economy, and even trends, so many factors come into play for people to continuously choose your restaurant. But one thing is constant for restaurateurs: no matter how much you sell, there is always something you can do to level up the way you run your restaurant business to increase sales and improve overall customer satisfaction.
Long gone are those
Everybody knows the challenges and risks of starting your own business. As tempting and promising as it may seem in our imagination, there is always a lingering hesitation we find at the back of our heads whether we would be able to succeed.
Everyone has to start somewhere, and many of the most successful entrepreneurs came from very humble beginnings. These entrepreneurs started small but grew their companies to worldwide brands. They started with nothing and still hit dizzying heights of
Archidemia Ltd is a supplier of Professional Medical Scientific Books and Resources.
They have an extensive range of books and can guarantee almost any title that you are looking for. Their specialist areas include Aesthetic Medicine, Plastic Surgery, Dermatology, and Dentistry. Archidemia provides a range of services, including prompt and efficient supply of books locally and internationally, advice on latest and forthcoming publications, access to an extensive array of publications, acces
Nowadays, there is a rising trend of businesses going from the traditional brick-and-mortar store to online. When the pandemic broke off, urging people to make certain adjustments such as refraining from physical contact, we found ourselves doing more and more things online. Instead of going to the office, we start to work remotely. Even businesses were no exceptions to the transition by switching from running their physical shops to e-commerce. Analysis from UNCTAD has found global e-commerce s
The Boss Bakes_Fairview is a home-based business created when the mall-based business got hit by the pandemic. As an anti-Covid strategy, the Manliclic family started this online business from their small kitchen in Fairview, Quezon City.
- Could you introduce your business?
We are The Boss Bakes_Fairview based in the Philippines, started in October 2020, and now we are reaching our 1st anniversary. We offer home-baked products, with coconut pie as our main product.
- It is
Running a retail store requires an array of skills in administration, management, and marketing. From ensuring that your inventory is stocked up to putting together monthly sales reports and summaries, these skills are necessary for your store to run smoothly.
Having an efficient Point of Sale system can go a long way, so you can rest assured that all your operations are centralized and work simultaneously.
What is a POS And How Does It Work in Retail?
The Point of Sale (POS) refe
Between 2010 and 2013, mall visits decreased by 50%, and the trend continued until the present. Even more, when pandemic struck in 2020, driving all physical retail stores shut. This occurrence has been happening in Southeast Asia for several years, but very few realize that this is the retail apocalypse.Â
Despite growing optimism about the end of the pandemic, research has predicted that about 10,000 stores could close in the U.S. alone this year. This number will set a record high for a n
If you have started spreading the word that you want to dive right into the coffee shop business, you've most likely gotten some raised eyebrows from dubious friends and family. So if you need a little more push or encouragement, read on!
Opening a coffee shop can be highly profitable if you do it right. Come to think of it, most specialty coffee shops are likely to be full of customers any time of the day enjoying coffee, espresso, lattes, teas, desserts, and an exciting variety of pa
Food holds the power to change our mood, our feeling and attitude toward something. It has a healing power â a protective blanket that touches our soul- almost like a therapeutic session. A good hearty meal can influence our perspective.
But people sometimes tend to forget the fact that the food cooked in the home tastes different than the one cooked in the restaurant.
When we set off to cook a meal, be it for our family or a romantic evening for two, we would often start with a v
V190-A is an Android 8.1 based terminal that follows the high-quality and robust design concept of other P2-Plus POS products. Its main features include a 15" full-flat Capacitive touch screen, enabling Loyverse users to see the screen more stressless. With the advantages of a streamlined body, each Curve and detail have been carefully thought out to become the most desirable model on the market, showing meticulous and elegant no matter where it is placed.
In addition to the appearance, the
Affiliate marketing is a powerful marketing strategy by which a company taps into a network of affiliates to promote their products on their site. The affiliates are then paid a commission based on the amount of traffic, conversions, leads or sales generated by the promotion.Â
By partnering with affiliates, which mostly consists of influencers, bloggers, paid search focused microsites, email lists and large media websites to help you promote your business, you will significantly expand your
An affiliate program is a digital marketing strategy where your business recruits partners, known as affiliates, to place links to your business on their website, blog, or social media page. You then pay these affiliates a commission every time someone makes a purchase or visits your site via their affiliate link.
There are two ways to have an affiliate program: One is through an already existing affiliate network and the other is by using your in-house tracking solution.
Advantages of
Digital payment providers that offer the convenience of payment transaction using mobile phones are rapidly emerging in the global market today. One of the services that has gained popularity in the business world nowadays are QR code payment solutions.
Digital payments using QR codes are solutions that enable merchants to receive payments for their goods and services by providing a QR code for their customers to simply scan to complete the transaction.Â
These QR codes are generated by
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