When setting up an online retail business, it’s important to make sure that your website, back-end and processes all run smoothly. It’s vital to make sure that everything is as efficient as possible, to maximise profit and make your business a success.
Creating Your Paper-Free Back Office
Building a paperless office can be a challenge for any retail or hospitality business. There are a variety of paper saving measures that can be put in place, though, to create an office that’s light on paperwork without being detrimental to essential control mechanisms.
How Angel Investment Can Help Your Business
Growing retail and hospitality businesses requires funding, which can often be extremely difficult to source from traditional lenders, like banks and venture capital providers.
Angel investment is a lot different, as angel funding is acquired direct from an angel investor who will invest their own funds.
What are KPIs and how do they benefit the retail and hospitality trades?
Measuring KPIs in retail can help increase the profitability of the business. Some important KPIs that can ensure greater success within retail include:
– Monitoring footfall is simply a count of the number of people…
Crowdfunding Your Business Idea
When you raise money with crowdfunding, what exactly are you getting? What are you selling? And, frankly, is it worth the effort?
Retail/Hospitality Payroll: To Outsource or Not?
Payroll is perhaps the trickiest part of maintaining the finances of a business. It is essential to get absolutely right, but that also requires a number of factors to be considered before it is completed….
How Adopting An Online Payment Method Can Boost Your Business
In the modern world that we live in, online retail is becoming ever more popular. Whether your business is retail or hospitality, if you’re selling a product or service online, e-commerce means that customers are looking for some form of online payment method to make that purchase.
Why Inventory Management Matters For Your Business
Successful management of inventory is a critical aspect of business for many companies, particularly restaurants and retailers. Find out why optimising this area of your business is critical….
How To Run Effective Board Meetings
Read on to find out how to make your board meetings effective and meet company requirements
Why You Should Move Your Accounting Away From Excel
Here are some of the top reasons why the switch from Excel to cloud accounting software is vital to grow your business
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