Opposite of Work Business Blog
What a Low Tide Can Show You About Your Business: Finding Opportunities for Sustainable Success
When the business environment is thriving, it's easy to focus on growth and overlook underlying inefficiencies.
Mastering the Balance Between Marketing and Operations
In business, there’s really just one thing you’re always doing: balancing marketing and operations. And here’s the truth—you’ll never get it perfect.
What is Inventory Forecasting and Why Does it Matter?
Inventory Forecasting is the process of predicting how much inventory you need to buy based on the amount you believe you will sell in the future. Perhaps the most important element of running a successful eCommerce business is having inventory to sell; if you don't forecast the right amount to buy, you buy too little or too much.
Your Warehouse is Too Small.
Why You Should Plan for Your Warehouse Capacity.
Inventory and Your eCommerce Business. Do you have too much inventory?
Tips for determining how much inventory to keep and what to do if you have too much. eCommerce business owners often have a hard time parting with inventory. That sounds counterintuitive to running a thriving business. Let me clarify, some eCommerce business owners have a hard time parting with inventory that’s not moving. Whether it's a misguided strategy or an emotional attachment to having spent money on it in the first place, you may be holding onto your slow turning inventory too long.
Why Your KPIs Aren’t Working.
A lot of businesses focus on Key Performance Indicators, KPIs. The main areas that you and your team determine to be the most critical to the success of your business.
Exploring the Concept of Firing Bullets Before Cannonballs in Your Small Business. An Approach to Risk Taking for Entrepreneurs.
In Jim Collins' classic book, Great by Choice, he describes the concept of firing bullets, then cannonballs. To paraphrase, you fire bullets first. Bullets are things that are low cost, low risk, and don’t distract you from your business.