Operations

Operations (166)

The ABCs of SOPs

spiral-bound-manualNo 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. Read more...

Ensure Your Business’s Future With Insurance

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. Read more...

How to Decide Between a Business Attorney and a General Practitioner

How to Decide Between a Business Attorney and a General Practitioner“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...

Should You Put Your Partnership Agreement in Writing?

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? Read more...

Getting the Best Price From a Supplier

low-cost-is-the-new-high-valueThere 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?
Read more...

If It Can Happen to Target, It Can Happen to You

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.  Read more...

Creating an Operations Manual for Your Small Business

spiral-bound-manualWhat 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.  Read more...

Have iPad, Will Track Inventory: iPad apps to help manage inventory

ipad inventoryInventory 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! Read more...

Have iPad, Will Track Inventory

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!

Read more...

Shipping Internationally: 5 Things to Consider

For small businesses, shipping internationally can be a great way to expand your business, make more money and increase your client base. However, it can also be a seriously big headache. Here are five things you need to consider when shipping internationally. Read more...

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