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50 Business Statistics Terms To Know Before Starting a New Business

The internet has simplified the process of starting up a business through website builders, online marketplaces, and an abundance of tools. However, these platforms only scratch the surface of the business savvy required to run a company. Instead, it takes an understanding of key words and phrases to find success. This article contains 50 business …

The 7 Best Always-Free CRM Software for Small Businesses

Managing a relationship with a customer requires far more than just remembering birthdays and previous purchases. The right CRM software can handle all the details and dates, leaving your sales agents free to focus on developing leads and making sales process. This article covers the best free CRM software for small businesses available now. Quick …

What Is the Retail Inventory Method? Definition, Formula & Calculator

The retail inventory method is an accounting procedure that estimates the value of a retail store’s merchandise. This method produces the ending inventory balance for a store by calculating the cost of inventory relative to the price of the goods. In short, it’s one of the most common ways to calculate the value of your …

How to Find Wholesale Distributors in 5 Steps

If you own a retail or are starting an e-commerce store, finding the right wholesale distributors is the first step toward a successful operation. A wholesale distributor buys many goods directly from manufacturers and resells them to businesses at a low cost.  Find the Right Wholesale Distributor in 5 Steps Wholesale distributors can be key …

The Ultimate Guide to Merchant Service Providers

Merchant service providers are the key to unlocking your company’s full payment potential. What is a merchant service provider, and how exactly does it work? This ultimate guide has answers to all your burning questions. What is a Merchant Service Provider? A merchant service provider (MSP) is a broad term for any type of software, …

The Ultimate Guide to People Operations

People operations empower your employees to become productive and fulfilled in the workplace. It’s essential for you to invest time and effort in people ops because your workforce is the backbone of your business. Although the term “people operations” is relatively new, it’s a traditional concept that is closely related to human resources (HR). What …

Client Support Services Definition: What is it & How Does it Work?

Customer support is a trained team of people aiming to help customers with a product or service issue. In other words, it is to ensure that customers have successfully solved their problems with your company’s products and/or services. In this article, we’ve listed why client support services are important, how it works, and the difference …