With all the factors in play, setting fair pricing can be a real challenge. You need to make sure you stay competitive, while still keeping enough margin to make your business profitable. A lot of business owners choose flat pricing – where every customer pays the same fixed price – because it’s easy to understand and doesn’t require a lot of administrative work to oversee. But what happens when ...
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You buy products by the case, but you sell in both cases and individual units. Whether hydraulic hoses, pipe couplers, metal coils, or something else, when you order in one unit of measure and sell in another it makes it hard to do conversions correctly. And if you get it wrong, you can find yourself dealing with costly errors, stock miscounts, and margin losses.
You’ve decided to use an ERP system to manage your inventory. You’ve been told that this can help you keep track of everything that is in stock so you don’t need to do big counts, and you like not having to shut your business down so your team can do inventory and you can get everything sorted out for tax season. Unfortunately, one day your system is telling you that you have 10 tires in stock, ...
You’ve decided it is time for perpetual inventory, and now you’re faced with the question: how do I value my inventory?
Do you know what’s on your shelves? If your accountant asked you for an overall inventory count, could you give him totals that you’re sure of—without having to send your team out to count? Could you take on a big order with confidence, knowing that you can fulfill it, rather than hoping you have enough inventory on your shelves to deliver the job? If not, it’s time to take a look at your ...
Systems should work for people, not the other way around. If you built your business using entry-level business solutions (like Quickbooks) then you know they can be great for starting out. They gave you what you needed to get up and running - but now may be the time to ask yourself: Are my systems still supporting my people and our workflow?
Free Demo Available! Lets talk to see if we're right for your business! Sign up today! If you are a small business owner you know what it's like to juggle a thousand moving parts. Hiring, filing, analyzing, reporting, tracking, and ordering are enough to make your head spin, and there just aren't enough hours in the day for all the work that needs to be done. An ERP system is designed to help you ...