Everyone needs a little help now and then. If these people are not your employees, they are contractors and need to be given a 1099-MISC.
Do You Have a 4th Quarter eCommerce Hangover?
Fourth quarter is the selling season between October 1st and December 31st where online retailers usually have the highest percentage of sales during the year. This has been historically true for retailers long before the internet came along, of course.
7 New Years’ Resolutions to Set for Your Company
As 2013 draws to an end, you’re probably focused on closing out the year with a bang. You’ve got to think about taxes, dealing with old inventory and any other details that will help you make sure that the you can move on to next year.
Take Advantage of End of Year Sales to Stock Up for Your Business
While it’s tempting to just clock out since the year is winding down, the opportunities available at this time of year are huge. Because most companies want to make sure to end December with the highest numbers possible, you can find deals that aren’t available at any other point on the calendar.
The Loyal Bird Catches the Worm: Rewarding Your Repeat Customers
The great thing about being a small business owner is getting to know your customers. The folks who come into your shop frequently or contact you on a regular basis are the ones whose stories you remember and whose favorite brand of leather boots you keep in stock.
Appreciation Marketing; A Strategy Based on Gratitude
Appreciation marketing is based on a simple premise: if your customers know that you appreciate them, they’re more likely to keep coming back to you. It’s often easier to convince an existing customer to stick with you than to keep going out and finding new prospects.
How to Build Credit as a Small Business Owner
If you are in the start-up phase of owning a small business, give yourself some credit because it’s unlikely anyone else will. Small businesses have an extremely difficult time getting credit from the one place they really want it: lending institutions.
How to Test Prices without Irritating Buyers
The right price is something of a moving target for many companies. You may need to change the tag on a given product multiple times during the period of time you offer it and the more detail you can offer on the decisions to do so, the happier your customers will be.
How to Account for Gift Certificates in Your eCommerce Store
So you decide you want to issue gift certificates. How does the accounting work for those? It is a little involved, but nothing that is beyond the capability of services like GoDaddy Bookkeeping to handle.
How to Avoid an Inventory Meltdown
The most common cause of inventory management breakdown is a failure to be consistent, timely, and accurate—simpler put, a failure to “keep up with it.” Whether you manage your inventory manually or you utilize an automated system, you won’t enjoy the desired results of inventory management unless you keep up with the procedure.
