Just like how our car’s dashboard gives us real-time data about how our car is performing, dashboard software collects data that can optimize business management and contribute to the overall success of the company. In just a glance, dashboard softwares helps merchants and business owners have a better grip of their business’ performance by creating data visualizations (charts, graphs, scales, etc) to evaluate their operations at any time. This will eventually help them have better forecasts fo
Running a business is definitely not for the feeble-minded. It would be nice to say that strong will and passion are all it takes for you to venture out into the market, but we all know that it takes a whole lot more than that.
Big or small, running your own business entails you to deal with other technical aspects such as sales, finances, employees, stocks and trends among many others, all at the same time to make sure your business stays afloat. For this, you collect data and try your be
If you are one of the many who find themselves caught in the jumble trying to figure out the difference between online marketplaces and e-commerce websites, then you have come to the right place! Here, we break down for you a thorough comparison of the two online platforms that are big in the e-market arena today, to help you decide which one is best for you and your business.
You are not alone. Most people assume that online marketplaces and e-commerce websites may be the same thing. Thes
It is little question that the COVID-19 crisis has dramatically heightened the dynamics within the online business landscape across the globe as it significantly expanded the world of these types of businesses in terms of varieties of shops, products, services, and consumer groups. Furthermore, online shops in many countries have somewhat made a transition from luxury goods and services to everyday necessities like groceries and daily supplies, relevant to a large number of consumers.
To run a restaurant in our days, you need to know about marketing, accounting, economics and finance, people management, kitchen management, personality psychology, and other disciplines. It is impossible to describe all the details of this profession in one article, so we will give only a few rules that you should know and apply; otherwise, you could potentially lose your entire business.
When the entire business's fate that you have created or are currently running is at stake, you start
Productive work and the success of any business directly depends on the professionalism and quality of accounting. Observing the deadlines for filing reports, timely and correct payment of taxes, correct charges, timely posting of primary documentation, drawing up declarations are conditions that have a direct impact on the fruitful work of all departments of a company or enterprise.
Accounting allows the company to avoid misunderstandings with the authorities and representatives of tax ser
Modern retail is working to create a positive emotional atmosphere in stores. We've collected a few tools to help your grocery shop or supermarket create a sales-boosting atmosphere.
The buyer chooses a shopping place where he or she feels comfortable, pleasant, beautiful, convenient, joyful, fun, and also where he or she is appreciated, loved, and expected. All of these are about positive emotions. A good atmosphere will cause immediate sales growth and generally increase customers’ loyalt
Very often, small and medium businesses need financing. Ether it is the replenishment of working capital when there are cash flow gaps - you have not received payment for bills issued to consumers, but you need to pay your bills. Or you decided, for example, to buy new equipment to take your business to a new level. In other words, you need to find investment for development.
For years banks took the role of providing loans for businesses, but nowadays, many other online platforms can offe
Let us start with a short history of the influencer concept. Even though the word influencer was officially introduced in the English dictionary just last year in May 2019, the concept can be traced back to a much earlier time. One of the first records about a business collaboration with an influencer is back to 1760, when a potter, by the name of Wedgwood, made a tea set for the Queen of England. Since the monarchy were the influencers of their time, Wedgwood's decision to market his brand as g
Entrepreneurs and business owners need to improve their skills and knowledge to succeed—one of the ways of strengthening offered by online educational resources.
During the last decade, a MOOC becomes a popular way of learning. A massive open online course (MOOC) is an online course aimed at unlimited participation and free access via the web. Educational websites offer online courses with video lectures as well as quizzes to check the learning process. Many courses have additional interactiv
Running a small business is not an easy task. Every day small and medium business owners face many challenges, and they need to make decisions that influence their development. We collect some information resources that may help merchants to make their decisions more efficiently.
Small Business Trends
Small Business Trends review tech products, cover small business news and interview movers and shakers. The site contains over 20,000 pages focused on tips, trends, and answers for
Nowadays, technology is developing very fast. You might become confused when you have to choose software for your business from tens of thousands of applications on the market. What do you usually do when you have to choose something from a wide variety of options? Statistics show that previous buyers’ product/service experience influences 90% of the new buyers. Buyers want to get an authentic perspective from those who already are using the product rather than considering only the product's pre
Retail means selling goods or services directly to consumers or end-users. Modern retailers make various strategic level decisions, including the type of store, the market to be served, the optimal product assortment, customer service, supporting services, and the store's overall market positioning. A successful retailer is one that continually improves his/her knowledge and ability to do business. We collect some blog resources for retailers; they will be useful for food and cloth businesses.
To run a successful business, you have to be professional; you need to examine other similar businesses' experience, get to know the viewpoints of experts, and know global trends of your industry. One of the ways to improve your understanding is to read the blogs dedicated to your business. We have collected useful blogs about food serving businesses, such as restaurants, cafes, and bars. This list may be helpful for owners and managers, Loyverse POS users who have similar companies.
ERP - Enterprise Resource Planning, software that allows small businesses to replace the various information systems, programs, and databases used in the enterprise and start using a single database in an ERP system. ERP software enables the use of essential business functions, such as order processing, production control, and financing. By using one technology platform and enterprise-wide database, businesses can integrate operations and achieve a range of economic, operational, and production
Recently I moved to another country, and I had to make an appointment with a doctor. The appointment system of that clinic was based on phone calls. Since I could not use my phone yet, I borrowed a phone to call the clinic. The receptionist asked me what number she would have to call in case something changed. I said that I could give my email. However, the receptionist said that they do not have the time to sit and write emails, and the quickest way would be through a phone call.
Recently, business is actively undergoing a digital transformation, which is data consolidation and connecting business users to all the company data they need. It allows you to establish a smooth interaction with customers and provide a high-quality service, regardless of whether the information is exchanged in digital format or not.
Today's businesses are using more digital applications than ever before, and more and more companies are opting for the cloud. The critical problem of digital
Online ordering and delivery services are growing in popularity all over the world. COVID quarantine measures facilitate ordering food to eat at home habits.
If you run a restaurant, pizzeria, and cafe, it is good to open a delivery channel to gain more customers and facilitate sales.
There are a lot of suggestions from different companies in each city and towns. Some of them are local, some countrywide, and some work across countries. In this article, we give an overview of popular serv
CRM - these three letters contain useful power that can help you develop your business. Customers are the most significant component of running any type of business. That`s why it's essential to pay attention to customer relationship management.
Nowadays, there is a lot of CRM software ready to help you optimize marketing, increase sales and improve customer service. Therefore, it's a solution to a data organization problem.
Which CRM software should I choose?
It's difficult to fi
Whether your product is content in a blog or an item in a store, in the end, you want as many people to get to know your product and buy it. It is at this point when marketing begins to play a significant role.
How, then, can your product reach your target audience? Some of you may think that social media websites- such as Facebook or Instagram- are great tools to advertise your product and reach many people. Although this may work for some time, you do not have much control over the proces
Successful small and medium businesses usually have several sales channels. If you want to have a stable business model, consider improving the variety of your sales channels. There are three main types of channels: offline store or business (brick and mortar), e-commerce, and online marketplaces.
There are different types of data that retailers need to synchronize between selling tools of different channels: orders, reports, inventory, and customer information. Orders - you have to recei
Choosing a platform for e-commerce is an important decision for your business's further development and profitability. Depending on your business's specifics, you will need a platform with a specific set of functions.
Consider the main ones:
Catalog of goods. E-commerce platforms should provide a convenient way of adding your products and descriptions to them. The content management system should also offer the possibility of uploading items in bulks if the amount of items is hundreds
In an era in which people prioritize work and quality time with family members, food that's already prepared often comes as a solution, allowing people to save both time and effort for shopping and preparing meals. Such necessities used to be fulfilled by restaurants and cafes, but lately, supermarkets try to convince customers to visit their stores for lunch or dinner—not only for a grocery haul.
This fusion of food retail and foodservice gave birth to a new trend in the food market: the gro
Cloud-based online accounting services work in any modern browser. Compared with local services, when all operations take place on your computer, cloud solutions store, and process data on a server on the Internet, they also often called cloud-based services.
Online accounting services are widely used by private entrepreneurs, small and medium-sized businesses, as they save time and money because now you do not need to hire an accountant and pay him a salary.
We prepare an overview of
Aggressive expansion of large retail chains leaves less and less market space for individual food stores. But they have undeniable competitive advantages. How to use them?
In many cities all over the world, chain supermarkets grow rapidly, and they gradually lure customers from small stores. Their "baits" are low prices, a rich assortment of goods, and more comfortable shopping conditions.
Of course, not everyone can resist the unequal struggle with the monsters of the market. Neverthe