In this article, we’re going to look at the supply chain and how it’s important to more than just big businesses. By understanding your supply chain, how it works, and how to mitigate risk, you’ll be better prepared for the future, whatever it may bring.
Archive for the ‘Inventory Management’ Category
Inventory financing is a type of asset-based loan in which the inventory you’re purchasing with the loan is used as collateral to secure the loan. Depending on the arrangement, the lender may also require you to put up your accounts receivable as collateral. The amount of financing you receive is directly related to the value of the inventory in question, usually 70 to 80% of the inventory’s value. Read our article for the full story on inventory financing, including rates and terms.
Many businesses may need to borrow money from time to time in order to purchase inventory. Indeed, purchasing inventory is one of the most common reasons a business might need a loan. As bank loans remain out of reach or unfeasible for many small businesses, online and alternative lenders have risen to the occasion, offering smaller, faster loans that can work for even very small businesses that have never before ventured into the world of business financing. But what are the best loan options for small businesses that need to buy inventory?
Looking for new software, hardware, or services to help your business run better? We’ve collected the best small business Black Friday deals, offers, and savings.
There are so many processing companies; they all seem to be doing more or less the same thing, and they all have both glowing testimonials and terrible complaints. How are you supposed to choose the best company under these circumstances? Who can you trust? Read on for a look at the best credit card processing companies for small businesses.
Retail can be complicated, especially if you don’t have the right software. Here’s a deep dive into comparing Shopventory and Square for Retail so you can be confident in choosing the right software to manage your business.
Welcome to another round of the POS integration Hunger Games! Previously, we witnessed the battle of many POS systems’ add-ons: Revel, Shopify, Vend, Breadcrumb, ShopKeep, and NCR Silver. This week, Lightspeed POS (Restaurant edition) will join these hallowed ranks. Founded in Montreal, Lightspeed is an established POS provider that offers two distinct systems: Lightspeed Retail (which we […]
Welcome back to the POS integration Hunger Games! These last few weeks have included the top 11 add-ons for Revel POS, the top 7 add-ons for Shopify POS, and the top 5 add-ons for Vend POS. What lucky POS systems’ add-ons will have to duke it out for fame and fortune this week? Breadcrumb POS. […]
Welcome to yet another round of the POS integration Hunger Games! In the past few weeks, we have tackled the top 11 add-ons for Revel POS and the top 7 add-ons for Shopify POS. What ground-breaking POS system is up this week? Vend. As the first completely hardware independent POS, Vend made a name for […]
Definition SaaS stands for Software as a Service, a way to license and operate software entirely in “the cloud.” In short, this means that any software offered ‘as a service’ does not need to be installed on your computer in order to be used. You simply create an account on the software vendor’s website, log in, […]