Inventory management is the process of maintaining the right products, in the right quantities, at the right time to sell to customers. However, most merchants still find themselves either running out of stock of fast-moving products or losing inventory due to wastage, leading to operational headaches, overspending, and revenue loss. To remain sustainable, businesses should…
How To
How to Start a Bakery and Make It Profitable
Starting a bakery takes more than just great recipes — you need a solid plan, the right licenses, smart pricing, and a strategy to attract loyal customers. You’ll begin by choosing your bakery type and designing a menu that sells. Then, you’ll create a detailed business plan, handle legal requirements, estimate your startup costs, and…
How to Accept Credit Card Payments as a Small Business in 2025
As we move towards a cashless economy, being able to accept credit card payments is crucial for businesses to stay competitive. And while there are now a wide range of credit card payment methods, your business type (brick-and-mortar, online, or mobile) will still determine the services you need to process credit card payments. However, the…
How to Start a Dog Walking Business
Starting a dog walking business is one of the easiest ways to turn your love for animals into a steady income. With low startup costs and high flexibility, it’s a perfect side hustle — or even a full-time gig — for pet lovers who want to be their own boss. You’ll need basic gear, a…
How to Set Up a Shopify Store in 10 Steps in 2025
Here’s a step-by-step guide to creating a Shopify store and starting to sell online with confidence.
In this guide, I show you exactly how to set up a Shopify store, from creating your account and adding products to designing your storefront, setting up payments, configuring shipping, and launching your marketing campaigns. I built my own demo store using Shopify’s free trial so I can include tips and tools that help you…
How to Downgrade or Upgrade Your Amex Card
For American Express cardholders looking to switch their credit cards via an upgrade or downgrade, there’s a bit of strategy involved and a variety of factors that you’ll need to consider beforehand. Whatever the reason may be for the change, you should weigh your options carefully and ensure that you meet all requirements beforehand. How…
How To Do Petty Cash Accounting & Recording in 6 Steps
A petty cash fund is a small amount of cash on hand, usually less than $500, used to cover incidentals or nominal expenses. Since accounting for petty cash only involves minor expenses, it can either be done manually or made easier with bookkeeping software. In addition to the manual method, I’ll show you how to…
How to Get Your Amex Membership Fee Reduced in 2025
American Express has a wide offering of personal and business credit cards that have annual fees ranging from $0 all the way up to $695. Cards that carry an annual fee often have a slew of benefits to make them worth the cost. However, if your spending habits have changed, you’re having trouble affording the…