Operations (224)
Preventing Office Fires Saves Costs Long Term
- Wednesday, 03 September 2014
- Operations
- Written by Editor
Many small businesses ignore essential office upgrades and concentrate on pinching pennies, and the reality, however, is that frugality can ultimately lead to a company’s downfall especially in regards to preparing for office fires. In a recent infographic published by Eastern Kentucky University, it is revealed that over 50% of office fires occur due to cooking, electrical, lighting and heating equipment. Additionally, the National Fire Protection Association reports that fire departments respond to an estimated 3,340 office building fires annually. This leads to an annual average an astounding $112 million in direct property damage. Investing in equipment upgrades and regular maintanence is an easy way to prevent office fires, and one of the many described in the graphic.
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Cloud-Based POS Solutions help SMBs Battle Goliath Retailers
- Wednesday, 16 July 2014
- Operations
- Written by Dror Liwer, Pose CEO
When it comes to shopping, each of us has our favorite small businesses that we enjoy supporting. At heart, we’re sympathetic to their struggle with the big retailers. Increasingly, however, technologies are giving small retailers an upper hand to outplay the Goliaths that they have to face every day. Take the rise in affordable cloud-based POS systems that give these small businesses an opportunity to ready some important ammunition (stones) to help them battle like “David” in this ongoing combat with Goliath to win over customers. Many SMBs have already armed themselves with important stones; they just need a way to quickly gather and use their ammunition to maximize returns.
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The ABCs of SOPs
- Wednesday, 02 July 2014
- Operations
- Written by Tami Kamin Meyer
No matter what your business, it’s wise to know the ABCs of SOPs. First things first. “SOP” is the acronym for Standard Operating Procedures, tantamount to a rulebook for running a company. There might be an SOP for something as simple as running the copy machine or an SOP for operating a heavy piece of machinery.
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Ensure Your Business’s Future With Insurance
- Wednesday, 04 June 2014
- Operations
- Written by Tami Kamin Meyer
Insurance won’t guarantee your company’s success but it will certainly come in handy if some sort of mishap, theft or other unforeseen circumstance arises. That being said, it’s imperative to know how much insurance is enough. It’s equally as vital to know the kinds of losses your insurance will cover and what events, if any, won’t be covered under your policy.
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How to Decide Between a Business Attorney and a General Practitioner
- Wednesday, 23 April 2014
- Operations
- Written by Tami Kamin Meyer
“You wouldn’t go to a general doctor if you needed open heart surgery. They would refer you to a specialist,” says Sam Redlich, a New Jersey lawyer who advises clients about intellectual property matters.
Redlich does not mince words on the question of whether a small business owner’s legal needs would be better served by consulting with a business attorney rather than a general practitioner. While certainly a generalization that varies attorney to attorney and from one legal matter to another, he maintains that clients are best served by lawyers whose body of work focuses on the specific area of work needed by the prospective client. Read more...
Redlich does not mince words on the question of whether a small business owner’s legal needs would be better served by consulting with a business attorney rather than a general practitioner. While certainly a generalization that varies attorney to attorney and from one legal matter to another, he maintains that clients are best served by lawyers whose body of work focuses on the specific area of work needed by the prospective client. Read more...
Should You Put Your Partnership Agreement in Writing?
- Tuesday, 11 March 2014
- Operations
- Written by Tami Kamin Meyer
You write your shopping list down. You put pen to paper when a thought you want to keep comes to mind. So, when entering into a business partnership, wouldn’t it be wise to write it down, too? And, if you don’t journalize your agreement in writing, would you be breaking any laws?
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Getting the Best Price From a Supplier
- Wednesday, 26 February 2014
- Operations
- Written by Tami Kamin Meyer
There is more to supply than meets the eye. It’s more than just securing the lowest price, according to an Ohio-based business development manager who chose to remain anonymous. “The best price is not always about the money. If you look at price as the only indicator of what you will buy, you will likely not get the best product for your needs,” he said.
So if cost isn’t the most important consideration when purchasing business necessities, then what is?
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So if cost isn’t the most important consideration when purchasing business necessities, then what is?
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If It Can Happen to Target, It Can Happen to You
- Wednesday, 29 January 2014
- Operations
- Written by Tami Kamin Meyer
If computer hackers can infiltrate the data banks of big-name retailers Target and Neiman-Marcus, to name a few, they can certainly interfere with your small business’s digital files. While the task to protect your company’s precious data can be overwhelming, taking proactive steps will give you peace of mind and hopefully, impenetrable protection from cyber thieves.
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Creating an Operations Manual for Your Small Business
- Wednesday, 20 November 2013
- Operations
- Written by Jennifer Flaten
What would happen if you were away from your business for an extended period? Do your employees know exactly how to run your business on a day-to-day basis? They do if you have an operations manual. Many businesses assume that an operations manual is only necessary for corporations, but that isn’t true. An operations manual is really just a step-by-step guide to running your business.
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Have iPad, Will Track Inventory: iPad apps to help manage inventory
- Wednesday, 23 October 2013
- Operations
- Written by SBN Editors
Inventory management can be a constant source of stress for the small business owner. However, for a lot of small business owners, shelling out a huge chunk of cash for an inventory management software program can be out of the realm of possibility. Enter inventory management apps, made for small business owners in particular. Inventory management apps can be a great resource for the small business owner, since they are simple to use and understand, and usually very affordable, or sometimes even FREE for small business owners!
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