Fulfillment by Amazon (FBA) is a way for sellers to ship their products directly to an Amazon warehouse. Amazon will handle the sale, picking the product from inventory, shipping, customer service, and returns. Amazon FBA fees range from 45 cents to $1.35 per unit, and $39.99 per month for a Professional account. ShipBob allows you…
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Planning Your Retail Store Layout in 7 Steps
Having a deliberate retail store layout is important for maximizing revenue for brick-and-mortar stores. By setting a plan, retailers can strategically direct shoppers to high-priority products and drive impulse sales. An effective retail store design also makes the space organized and easy to navigate, which is important for providing a good customer experience. Here’s how…
Types of POS Systems
A point-of-sale (POS) system is a tool that allows businesses to accept payments and manage business operations. There are many types of POS systems, each with features catering to different business types. Each POS system also has different compatible hardware and operating systems. POS systems range in price from free to around $100 per month….
How to Accept Credit Card Payments Online for Small Businesses
If you own a small business, setting up your website to accept credit cards online is a crucial step in growing your sales and customer bases. Learning how to accept credit card payments online involves choosing a payment processor that has competitive pricing and is compatible with your website or ecommerce platform. Businesses can accept…
How to Organize Inventory for Small Businesses
Inventory management is the process of having the right products, in ideal quantities, at the right time to sell to customers. Managing inventory correctly increases revenue by preventing stockouts, overstock, and unsold products. When learning how to organize inventory for small businesses, the easiest solution is to use a software program to automate the process….
How to Accept Credit Card Payments in 4 Steps
Accepting credit card payments can increase in-store sales by up to 40% compared to cash payments alone. It’s also necessary for businesses selling online. This guide shows you how to accept credit cards in a brick-and-mortar store, on a website, and with a mobile device. If you’re a new business, Square offers an affordable and…
How to Set Up a Shopify Facebook Store in 5 Steps
If you use a Shopify Facebook store, your customers can purchase products and services from you without ever leaving the Facebook platform. Customers can also share your products with their friends and followers with the click of a button. Shopify Lite is the lowest-priced plan, so a Facebook store costs you only $9 per month….
Square vs PayPal: Price, Features & What’s Best in 2020
Comparing Square vs PayPal, Square offers better-integrated payment tools than PayPal, but PayPal pulls ahead in ecommerce payments. Online invoicing features are tied. PayPal’s per-swipe fee is 2.7%, and Square’s is 2.6% plus 10 cents. Most users think Square’s free point-of-sale (POS) system and business management system make Square the better choice. Overall, Square is…
The Basics of Restaurant Management in 6 Steps
Effective restaurant management balances many different targets and processes to create a seamless operation. Food and labor costs, inventory tracking, staff training, food production, customer service, and marketing are part of daily restaurant management. Here’s a look at how to manage a restaurant in six steps, along with tips and advice from experienced restaurateurs. What…
6 Best Business Security Systems 2019
Small business security systems are hardware and software solutions that surveil the property and notify business owners and emergency services when an alarm is triggered. The best business security systems include professional 24/7 monitoring and have a mobile app to watch surveillance feeds from anywhere for under $20 per month. Top 6 Business Security Systems…
What Is a Tip Out? Restaurant Tipping Methods
In restaurant lingo, “tip out” is a practice where staff members who receive tips distribute a portion of those tips to other co-workers who are involved in the chain-of-service to customers. Typically, this means that servers and bartenders give a portion of their tips to bussers, runners, and sometimes kitchen staff. How Tip Out Works…
How to Lease a POS System: The Ultimate Guide
Point-of-sale (POS) systems are the hardware and software tools businesses use to accept payments and record customer transactions. POS startup fees can be expensive, so some providers offer leasing or payment plan options for hardware. Software is purchased as a one-time license fee or as a monthly or annual subscription. POS Leasing: Who It Is…
