David Rivera

A minimum order quantity (MOQ) is a sales strategy used by wholesalers and other B2B suppliers in which they set a minimum number of products they will sell in a single order. For example, a clothing supplier may require that retailers purchase a minimum of 100 T-shirts per order, not allowing them to purchase any…

Presentation is crucial for marketing services and products—for businesses primarily selling online, good website design is your first tool for impressing visitors and turning them into actual buyers. As the overall ecommerce revenue in the US continues to climb, businesses stand to gain a lot with online buying experiences that effectively capture potential buyers. We’ve…

The best garden center point-of-sale (POS) systems should do more than tally items and take payments—they should also be able to sell and inventory by dimensional units, bundle items, and even handle invoicing and rental management. Having an online component is a plus, and the software should be easy to use and also easy on…

A chargeback is the reversal of funds to a customer after they dispute a transaction. While chargebacks exist to protect consumers, they can mean penalties and potential revenue loss for merchants. Another growing concern is chargeback fraud, or when a cardholder makes an illegitimate chargeback claim on a purchase. In 2023, chargebacks and chargeback fraud…

Registering a US federal trademark yourself will likely cost between $250 and $2,000. You can choose to file the trademark application yourself (costing $250 per class of products or services) or hire a trademark attorney to guide you through the process (costing up to $2,000). If you are domiciled within the US or its territories,…

The process of purchasing an existing business can be quite daunting, especially if it’s your first time. Our guide to buying a business will go over the entire process of acquiring a business—from choosing the right one and evaluating all the necessary information, to financing the purchase and closing the deal. Read on to examine…

Point of purchase (POP) refers to any location within a shop or online store where the customer makes a purchasing decision. Point of sale (POS) refers to the location within a store where customers exchange payment for the products they want to buy. The point of sale is usually in the cash wrap area near…

Overall, Square is our top-recommended POS system for small businesses. And, in our evaluation of the best retail POS systems, Square for Retail tops the list with a 4.63 out of 5 based on our assessment of 29 data points, including pricing, register functions, management features, ease of use, and our test of the software….

IT Retail is a point-of-sale (POS) system by grocers, for grocers. It is used by thousands of groceries, markets, butcher shops, general stores, and specialty retailers nationwide. We recommend IT Retail for growing food-based retailers; it has software designed for optimal checkout flows, advanced inventory management features, and a selection of hardware built for speed…

Choosing a business to start can be both an exhilarating and frustrating experience—there are many options to choose from and paths to explore. To settle on an idea, examine your skills, experiences, and firsthand knowledge. Also, look at what businesses are trending. Before choosing, get a cost estimate required to start the business and ensure…

Let’s be honest: Who doesn’t dream of running a business, calling all the shots, and raking in the profits? Fortunately, it’s cheaper—and easier—than ever for entrepreneurs to start a profitable business. You can start a website for a few dollars, and the vast number of affordable, easy-to-use digital and artificial intelligence (AI) powered tools offer…

Coming up with a business idea is the first step to starting a business. Start by identifying problems you or others are having and brainstorm possible solutions. It’s wise to start with a problem because business is essentially solving customer’s problems in exchange for money. When you have an idea, validate it through feedback. Finally,…