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How To Adapt Small Business Strategy During a Cost of Living Crisis

How To Adapt Small Business Strategy During a Cost of Living Crisis

by david@numbercraft.us | Mar 1, 2024 | Latest News: Business Development, Latest News: Management, Latest News: Strategy

So, we’re officially in the thick of a cost of living crisis. This presents a challenge for entrepreneurs and is a nerve-wracking time for many small business owners. If you’ve had sleepless nights worrying about how you’re going to pay your suppliers or support your...
What to Do in a Data Breach

What to Do in a Data Breach

by david@numbercraft.us | Feb 23, 2024 | Latest News: Management, Latest News: Strategy

You might have a mental image of data breaches happening only at big institutions like banks, password managers, or even government agencies. But the truth is, any website that stores personal information can be vulnerable to a breach. Now, not all breaches are...
Unlocking the Secrets of Small Business Cash Flow

Unlocking the Secrets of Small Business Cash Flow

by david@numbercraft.us | Jan 27, 2024 | Latest News: Business Finance, Latest News: Strategy

When it comes to running a small business, maintaining a healthy cash flow is essential for sustainability and growth. Your business can be incredibly profitable but still ultimately fail because of improper cash flow management. To prevent that from happening, here...
Return on Investment vs Cost: How to Weigh ROI When Making Business Purchases

Return on Investment vs Cost: How to Weigh ROI When Making Business Purchases

by david@numbercraft.us | Jan 24, 2024 | Latest News: Business Finance, Latest News: Strategy

Deciding to purchase something to help your business is a big decision. It can be difficult to part with hard-earned money, especially in the early days. To understand the right time to invest by purchasing something for your business, you must calculate whether the...
Mastering the Art of Lean Inventory: A Small Business Guide to Just-In-Time Management

Mastering the Art of Lean Inventory: A Small Business Guide to Just-In-Time Management

by david@numbercraft.us | Jan 14, 2024 | Latest News: Business Finance, Latest News: Management, Latest News: Strategy

As a small business owner, it’s essential to find ways to manage your inventory effectively to reduce costs, optimise warehouse space and ensure customer satisfaction. How you manage your inventory affects your cash flow, your customer relationships, and your...
Reducing Waste and Spoilage: Best Practices for Inventory Management

Reducing Waste and Spoilage: Best Practices for Inventory Management

by david@numbercraft.us | Jan 10, 2024 | Latest News: Business Finance, Latest News: Management, Latest News: Strategy

As businesses grow, managing inventory effectively becomes crucial to staying competitive and maintaining profitability. One key aspect of inventory management is reducing waste and spoilage, which can have significant financial and environmental implications. In this...
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