Managing a retail supply chain is often a complicated and time-consuming process. Over the past few years, abrupt changes in consumer demand have frequently left retailers with either an abundance of inventory or product shortages. Along with manufacturing and shipping disruptions, these … [Read more...]
3 Ways to Boost Your Business Visibility
Competition for consumer attention is high, and business visibility is integral to business success. The key to generating engagement, businesses with greater visibility typically also enjoy greater brand awareness. The best way to increase brand visibility depends on executing a multi-channel … [Read more...]
How the Restaurant Labor Shortage is Reshaping the Service Industry
Ongoing labor shortages have been widespread, affecting many industries, but they are particularly prominent in restaurants. Despite projections that the workforce in the restaurant industry is estimated to grow by 500,000 jobs by the end of this year, 32% of restaurants say they are facing moderate … [Read more...]
3 Lessons from Current Layoffs: How to Run a Successful Retail Business
The economy is dynamic and constantly changing, sometimes faster than expected. Companies may be desperate to find talent one minute, and then there is a huge downturn, leading to mass layoffs. With recent inflation and labor challenges, this sector makes running a successful retail business that … [Read more...]
5 Check Fraud Warning Signs to Look Out for as a Business Owner
Paper checks remain the most frequently used payment method for business-to-business transactions, ahead of ACH transactions and credit and debit cards. Although paper checks have been steadily declining, it remains the payment method most often exposed to fraud. A recent survey indicates checks … [Read more...]
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