Net working capital is a value calculated as the difference between current assets and short-term liabilities of a company. Current assets are those assets of the company that the company plans to use over the next year – to turn into money (for example, sell) or into expenses (for example, write off to the cost price)….
Employee theft is the theft of goods, money, or time by people working for you, such as employees or contractors. To prevent employee theft, you need to identify how your business becomes vulnerable. You can then create policies, processes, and monitoring systems to reduce or prevent employee theft. To prevent inventory theft or point of sale (POS)…
Think about where you are in your current eCommerce adventure. You may have set up a nice little shop to sell new running shoe designs, your dropship business may have a solid customer base, and you’ll need to hire a few staff to manage all your orders. Maybe you’ve done some experience with the Shark Tank,…
Marketing automation and CRM systems seem to resemble in many ways (the system is also responsible for managing prospects, contacts, and clients). In practice (to some extent due to branding jokes) there are enough factors to blur the distinction between the two concepts. First, let’s start with a clear distinction between the roles of sales and…
