Square’s inventory management features let you create and import items, edit variants, and adjust quantities—all from a single dashboard. Square inventory software is hosted within the larger Square point-of-sale (POS) system, which is free to use with any Square account. The POS can be accessed both through your browser and via the free Square POS…
Ultimate Guide
HR to Employee Ratio: A Guide for Small Businesses
The HR to employee ratio, also known as the HR to staff ratio or human resources to employee ratio, measures the number of HR professionals relative to the total number of employees in a business. It helps businesses determine how many HR staff members are needed to manage their workforce effectively, ensuring that your business…
7 Sole Proprietorship Pros and Cons
A sole proprietorship is a single-owner business that’s never formally incorporated with a state filing. As such, it is not legally separate from its owner. As a result, many individually-owned businesses are sole proprietorships by default. Pros of a sole proprietorship include ease of setup, simplified recordkeeping, and low costs. Cons include the lack of…
Merchant Cash Advance: What It Is & How It Works
A merchant cash advance, or MCA for short, allows you to get an advance on your credit card sales. However, it is one of the most expensive forms of financing available, with annual percentage rates (APRs) regularly exceeding 100%, which is why we recommend it only as a last resort. MCAs can be a good…
Ultimate Guide to HR for Nonprofits: What It Is & How It Works
The primary mission of any human resources (HR) team is to support an organization’s goals by fostering a positive and productive work environment—and the same applies when it comes to nonprofits. HR for nonprofits involves managing the people who drive your mission forward, including staff and volunteers. Effective HR practices are crucial for attracting, developing,…
What Is a B Corp & How to Become One
A B Corp, or Benefit Corporation, is a for-profit company that has received certification from B Lab for upholding high standards in terms of ethics and environmental and social impact in their business operations. Basically, B Corps are companies with a conscience or a commitment to corporate social responsibility (CSR). Registering your business as a…
Diversity Hiring: A Guide to Improving Diversity in Your Business
Creating recruitment, candidate evaluation, and hiring practices that attract a diverse set of high-quality candidates are all concepts of diversity hiring. It’s not just about casting a wide net or hiring from underrepresented demographics, but also about removing biases from your processes and ultimately finding the best candidates that infuse your workplace with energy and…
The Ultimate Guide to Temu Dropshipping
Dropshipping can be a low-cost way to start selling online as you don’t have to worry about holding physical inventory. A third-party manufacturer or wholesaler handles product development and order fulfillment. With the availability of several suppliers and tools, Temu is one platform that is piquing dropshippers’ interest. Temu is appealing and highly popular because…