Peter Daisyme July 27, 2021 Recent times haven’t been easy on entrepreneurs, especially those who are small business owners. Many companies have had to cut costs by downsizing their operations and letting some of their staff go to cope with the global economic changes. If keeping your revenue on par with previous years has been … Continue reading 9 Ways to Cut Costs While Running a Business
Tag Archives: costs
These Are 9 Chargeback-Producing Merchant Errors You Must Avoid At All Costs
Tom-Chris Emewulu July 12, 2021 First, some numbers: 30% – the number of chargebacks that result from transactions made with a stolen card. 26% – the number of chargebacks that result from undelivered orders. 15% – the number of chargebacks initiated by cardholders due to retailers shipping the wrong product. 8% – the number of … Continue reading These Are 9 Chargeback-Producing Merchant Errors You Must Avoid At All Costs
5 Easy Tips to Keep Your Business Costs Low
Karen Repoli April 9, 2021 Smart entrepreneurs know that to make the most profit possible, they need to keep their operating costs low. However, don’t be fooled into thinking you should try to run your business completely cost-free. It’s nearly impossible – even with all the free tools available. And sometimes you need to invest … Continue reading 5 Easy Tips to Keep Your Business Costs Low
9 Questions Freelancers Should Ask Potential Clients (And 3 To Avoid At All Costs)
Stefan Palios January 25, 2021 Finding success as a freelancer is all about the questions you ask. This is especially true for the questions freelancers should ask potential clients on sales calls. Asking the questions during the sales process will help you identify if the project is right for you, scope the project more accurately, … Continue reading 9 Questions Freelancers Should Ask Potential Clients (And 3 To Avoid At All Costs)
10 Ways to Reduce Your IT Costs
Swapnil Bhagwat November 25, 2020 Every now and then a black swan comes along and radically alters the business landscape. 2020 saw one of the worst black swan events ever – the global pandemic, and it has radically altered so much of life. Businesses in almost every industry are being forced to re-evaluate just about … Continue reading 10 Ways to Reduce Your IT Costs
How Intelligent Inventory Management Via Wireless Systems Reduce Warehousing Costs
Jennifer Warren July 16, 2020 In a warehouse, problems tend to occur basically in four categories: receiving, storage, order-picking, and shipping. A study in the United Kingdom revealed that order picking is the most costly among all these activities. In fact, 60% of the warehousing expenses could be attributed to order picking. Intelligent inventory management … Continue reading How Intelligent Inventory Management Via Wireless Systems Reduce Warehousing Costs
How COVID-19 Has Increased Shipping Costs for Retailers
Michael Begg June 22, 2020 With Covid-19 forcing governments to close borders and discouraging international travel, there is serious pressure on freight costs, especially for air-freight. In a recent interview, Robert Khachatryan, Founder and CEO of Freight Right, explained that due to the cancellation of flights, their customers have been turning to ocean freight. However, … Continue reading How COVID-19 Has Increased Shipping Costs for Retailers
Have a Product Idea? Know These Costs Involved in Product Development
Tanya Kumari — June 10, 2020 There are dozens of issues in the digital world and your product idea might just be able to solve a majority of them. But building the product from just an idea can be challenging, especially for non-technical entrepreneurs or CEOs. And even if you have found out how you … Continue reading Have a Product Idea? Know These Costs Involved in Product Development
PPC Opportunities for SMBs as Costs Fall During COVID-19
Zoe Gadd — May 26, 2020 With more people than ever now based at home, the COVID-19 pandemic has undoubtedly shifted the way in which people are searching online. The online auction could now be considered more lucrative than ever, with more ad space available and more consumers actively searching online. This, in turn, gives … Continue reading PPC Opportunities for SMBs as Costs Fall During COVID-19
How to Save Costs as a Seller on Amazon
Kiran Patil — May 7, 2020 The ongoing global pandemic has forced most to self-isolate and sprouted up a multitude of challenges for businesses. Together, supply chain disruptions and demand fluctuations have left even well-positioned e-tailers to juggle with economic uncertainty. In this article, we explore cost-saving factors that can be evaluated by Amazon sellers. … Continue reading How to Save Costs as a Seller on Amazon