The size of a business should not debar it from fully functioning as a proper business. The general perception among small business owners is mission statements are for large organisations. A mission statement is simply defined as a formal summary of the aims and values of a company, an organisation or an individual. It is a simple way of explaining what your company stands for, your ethos and what guides your affairs.
For years the retail and manufacturing industries relied almost exclusively on barcodes for data collection and tracking. Now RFID is on the scene and it's time for a showdown. Who will win the battle? It's all within this article.
To be effective, people have to set goals according to their self-concept. This means that the only way to be able to achieve these goals is if they are in agreement with your self-concept. Also, with each goal set and achieved, your self-concept improves. This is particularly true if you have a retail business that requires a POS System and an Inventory Management System in Nigeria
Any retailer will tell you that inventory management is one of the most important keys to business success. We’ve put together the ultimate guide to choosing your inventory management software, including why you should invest and a massive features wish list broken down by category! This is of immense benefit to retailers looking to purchase inventory management software in Nigeria
Your business represents you, it represents your person. People tend to tag businesses with the personality of their owners. So basically as a business owner you are selling yourself. Your business is who you are.
Inventory management or control is a critical process for many businesses, both big and small. In this article we’re going to give you the low down on all of the basics, including the benefits and various methods for inventory management in Nigeria.
In the world of online payment options, there has never been more choice. Thankfully, it has also never been simpler to begin accepting payments online. But which system will be right for you? Whether you’re just starting out, looking for a change in system, or have been operating for years without accepting online payments, this article is for you.
This is the second, and concluding part of last week's article. In it, we will discuss how the stages of a small business' life cycle are affected by the personality types. Also, we find out at what stage small businesses tend to fail the most.
For many small businesses, cheap or completely free POS software can sound like a good idea at the time. But as with all other things labelled ‘free’, there is reason to be suspicious. Free POS software has the potential to drain more cash from your business than paid versions and cost you a lot of valuable time. Find out why NOT to use free POS software.
For every small businessperson you will ever meet, there are three personality types working within them. These personality types affect the way the person will approach and do business. In this article and next week's I will talk about these personality types and in what exact ways they affect small business practices. Read on to find out more.
So you're choosing a POS system, but have you checked it for scalability? Will your new system grow with you? Not many people start a business without intending for it to grow. Limiting yourself with a POS system that won’t come along for the ride not only hinders growth, but can also be costly and a huge waste of time.
We at PrognoStore promise to provide you with the success tips that work for big corporations and can be replicated by small businesses. The Principle of Differentiation is one of such tips that can work effectively on any platform, whether business or personal. Inspired by Jack Welch's book 'Winning', this principle is sure to positively change the way you approach your retail store forever.
There are many factors that contribute to the success of any venture. These factors are well known to, and regularly applied by the most successful businesses. Some of them are easily ignored by many small businesses, hence, they never grow beyond a certain small point. One of such factors is quality customer service; note, it's not just any form of customer service. Quality customer service is important to the survival and flourishing of any business. Continue reading to find out 5 ways it helps improve your small business.
Signing up for new POS software can be an exciting time for your business. But once the honeymoon is over, issues that you didn’t see before can rise to the surface. This can obviously be very frustrating, but good to know for next time. Discover 8 reasons why you might hate your POS software and how to avoid them in the future!
I've seen people who are driven to make a success of a venture that only end up driving themselves into the ground because, though they may be moving, they are moving in the wrong direction. In business, nothing is more important than results and accurate numbers, those are the true indicators of growth. As important as it is to be committed to making your venture work, some things just outweigh commitment on the scale of importance. What can some of those things be?
Sometimes it can be pretty daunting owning and running a retail store. Especially with having to juggle the million and one things, which always seem to require your attention. But here's the thing - surely it doesn't have to be this hard, or does it?