A loyalty program is a popular marketing strategy that encourages your customers to continue buying your products or using your service. Designing your punch cards using elements that align with your industry or brand will help your customers quickly remember them, better encouraging its use by keeping it front of mind. We curated a list…
Getting Started in Retail
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From leasing space to planning your store layout, to getting setup to accept credit card payments, there's a lot to getting started in retail. We cover it all.
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Retail Operations
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Lot's goes into the day to day operations of a retail store. Here's everything you need to know from inventory to employee management.
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Retail Marketing
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We've talked to hundreds of retail store owners as well as the top retail marketing pros and compiled their best tips for getting the word out about your retail location.
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Retail Software & Services
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6 Best Free Inventory Management Software Options for 2018
Free inventory management software lets business owners easily organize and classify products, track stock counts, manage vendor data, and make manual or real-time adjustments for sold, received, damaged, and obsolete goods. We reviewed the range of free inventory software options and identified six top solutions for small business in terms of features and ease-of-use. Top…
6 Best Salon Software for 2018
Salon software is used for online booking, employee scheduling, inventory tracking, point of sale, and more. We compared the best salon software to identify the top six for your business based on price, online appointments, payment processing, employee scheduling, inventory management, ease of use, customer service, and additional features and identified the best salon software…
How to Market a Bar in 5 Steps [+ Bar Promotion Ideas]
![How to Market a Bar in 5 Steps [+ Bar Promotion Ideas]](https://fitsmallbusiness.com/wp-content/uploads/2018/06/How-To-Market-A-Bar-in-5-Steps-Bar-Promotion-Ideas-300x200.png)
Bar marketing is the process of promoting your bar to your intended audience; effective bar marketing attracts customers and encourages brand loyalty. To market a bar effectively, create a culture and offer promotions to attract loyal patrons. Bar marketing also requires developing word-of-mouth and creating an online presence with social media and review sites. One…
Product Liability Insurance Cost, Coverage & Providers
Product liability insurance (PLI) protects businesses from lawsuits if their product causes bodily injury or property damage. This insurance covers product-related defects for manufacturers, distributors and retailers. PLI coverage is important coverage because these lawsuits typically receive large jury awards. The cost of product liability insurance averages 26 cents per $100 in retail costs. For…
26 Restaurant Management Tips, Trends & Advice
Warner LeRoy, the owner of New York’s Tavern on the Green and Russian Tea Room, once said of restaurant management, “A restaurant is a fantasy — a kind of living fantasy in which diners are the most important members of the cast.” How do you direct your restaurant and make your clientele feel like the…
Inventory Shrinkage: Definition, Causes & How to Prevent It
Retail inventory shrinkage is the difference between a product’s recorded stock count and the amount physically on-hand. Lost stock stems from theft or inventory control issues like receiving errors, unrecorded damages, cashier mistakes, and misplaced items. Inventory control procedures and retail point-of-sale (POS) reporting tools help retailers spot, combat, and prevent retail shrink. Retail point-of-sale…
Retail Inventory Management: Definition & Best Practices
Retail inventory management is stocking products that buyers want, using pricing and promotions to sell profitably and maintaining inventory at levels that meet demand without over-purchasing. An overall inventory management plan guides how it all gets done, from intelligent purchasing and pricing to procedures covering receiving, inventory counts, and location tracking. In today’s data-driven economy,…
Best Small Business POS Systems 2018
A retail point-of-sale system, commonly called a POS system, lets retailers efficiently complete sales, accept payments, track inventory, manage staff, connect in-store and online sales, and much more. We reviewed the top-rated POS software systems on the market: Square, Lightspeed, and ShopKeep, in terms of price, features, and ease-of-use for small business. Best POS System…
5 Best Credit Card Readers for iPhone & iPad in 2018
Using a credit card reader for iPhone and iPad lets businesses accept credit cards anywhere they operate. Card readers connect to an iPhone via Bluetooth or wired plug, and then process card payments via a mobile point-of-sale (POS) app. We compare top card readers for iPhones and iPads based on processing features, processing options and…
How to Set Up Your Retail Lighting in 4 Steps
Retail lighting can be broken down into four primary types: general/ambient lighting, task lighting, accent lighting, and decorative lighting. There are also many bulb options, like halogen, fluorescent, and LEDs. This retail store lighting guide will help you plan the right lighting, bulbs, and fixtures to brighten your store and spur sales. Why Retail Lighting…
30 Best Restaurant Management Software Tips, Trends & Advice from the Pros
Restaurant management software streamlines the many microprocesses that drive a busy restaurant operation. If you’re wondering which restaurant management product might work for you or are just starting your search, you’ve come to the right place. We’ve rounded up 30 top restaurant management software tips from seasoned pros who use a wide array of restaurant…
