In this short explainer, we’ll dive into the ins and outs of COGS in retail, how to calculate COGS, and some ways to keep this expense category under control. What…
That’s why Clover is launching a solution to help businesses easily pay their bills and optimize their cash flow: introducing Pay Bills by Melio. Pay Bills lets you more securely…
On top of these changes, you may have faced the challenge of direct competition with big online retailers, who have also benefited from the rapid growth of ecommerce. This competition…
What is a franchise business? Before you decide whether or not to franchise your small business, it’s important to understand what franchising means. A franchise is a business that uses branding…
As a small business owner, handling staff conflict may feel like a distraction from your never-ending to-do list. But you can’t let employee conflict fester. Especially in a still-tight labor…
1. “Don’t worry about being successful but work toward being significant and the success will naturally follow.” — Oprah Winfrey, talk show host, television producer, actress, author, and philanthropist Believe…
Khadija DeShong grew up in the Bronx and started out doing makeup at department store beauty counters. She wanted to work with celebrities, so she took a job with MAC…
These budgeting methods can show you how to manage your finances to fund that next project and help your business grow. Types of business budgeting methods There are many types of budgeting methods entrepreneurs can follow,…
Alan Vogel finds joy in solving problems. In 2020 at the height of the pandemic, Vogel was working at a corporate office where employee safety seemed like an afterthought. He…
But, while bookkeeping may not exactly rev your engine, it’s a big part of making sure your business runs smoothly. Implementing the right tools and accounting best practices can help…