Ultimate Guide

The Ultimate Guide to Ecommerce Merchandising

Merchandising isn’t just for brick and mortar—your digital storefront also needs some creative TLC to maximize sales and tell your brand story.

By Meaghan Brophy August 27, 2024 | Retail, Ultimate Guide

Merchandising is the practice of promoting goods and/or services for sale and dictates the visuals, placement, pricing, and even targeting of products. Retail merchandising in a brick-and-mortar setting involves product displays, signage, and other in-store features. Ecommerce merchandising applies this concept to your online store. Below, find out what ecommerce merchandising is, why it’s important,…

Is Temu Bad? An In-depth Look Into the Temu Controversy

By Agatha Aviso August 27, 2024 | Insights and Trends, Retail, Ultimate Guide

Since its launch in 2022, Temu has surged to be a leading ecommerce marketplace and the most downloaded app in the US[1]. Known for dirt-cheap prices, free shipping, and free stuff, Temu hasn’t been without controversy. Just months after its US launch, two separate class action lawsuits about data privacy and malware were filed against…

SBA 7(a) Loans: Rates, Requirements & Terms

By Lauren McKinley August 21, 2024 | Financing, Ultimate Guide

Small Business Administration (SBA) 7(a) loans are the most common type of loan offered by the SBA. These are government-backed loans issued through participating lenders designated by the SBA. Loan proceeds can be used for various business purposes, including purchasing equipment, inventory, real estate, and other working capital needs. You can choose from different types…

Commercial Bridge Loans: What They Are & How They Work

By Andrew Wan August 16, 2024 | Financing, Ultimate Guide

A commercial bridge loan is a type of short-term financing commonly used to purchase real estate. These loans are typically used if traditional long-term financing is not an option, which can occur if the borrower has bad credit or the property needs repairs. Commercial mortgage bridge loans have eligibility criteria that are often easier to…

Retail Inventory Management: Definition & 5 Best Practices

By David Rivera August 15, 2024 | Free Resources, Retail, Ultimate Guide

Retail store inventory management is about stocking products buyers want, pricing and promoting to sell those products at a profit, and maintaining stock levels that meet demand without over-purchasing. As a retailer, you know that your merchandise is the crux of your business, so creating an accurate and efficient system to manage products will play…

AI in Retail: Ultimate Small Business Guide

By David Rivera August 14, 2024 | Retail, Ultimate Guide

Artificial intelligence (AI) is technology that employs machine learning and automation to make decisions and solve problems like a human would. This technology is more common than ever in the retail landscape, with online chatbots, AI-driven inventory and vendor management, and marketing materials and shopping experiences personalized by the technology. The AI wave won’t be…

Babysitting & Nanny Insurance: Cost, Coverage & Companies

By Nathan Weller August 14, 2024 | Insurance, Ultimate Guide

Nanny insurance refers to policies for individuals who care for children in a residential setting and protects their assets by covering risks common to the profession. These risks all fall under general and professional liability, two of the most common policies. Nanny insurance can also refer to the policies a household should purchase for a…

What Is Invoice Factoring? Everything You Need to Know

By Lauren McKinley August 14, 2024 | Financing, Ultimate Guide

Invoice factoring is a type of business financing that allows a company to get an advance on funds to cover its unpaid invoices. It can help your business with cash flow, as you don’t have to wait for customers to pay an invoice. The invoices are assigned to a factoring company, which will then provide…