Small Business Owners Need Accounting Software The amount of software solutions available to small business owners is enough to make anyone’s head spin. From all-encompassing services that purport to do…
Every business that deals with inventory must account for variance between their stock ledger and actual on-hand inventory. According to the National Retail Security Survey, the average retailer loses about 1.38 percent of their inventory to shrink, a loss that totals about $50.6 annually.
According to an oft-cited U.S. Bank study, a whopping 82 percent of small businesses that fail have cash flow management issues. If you work in the retail or wholesale space, those cash flow management issues almost always involve problems with inventory.
In his 1984 book The Goal, Eliyahu M. Goldratt introduces a management concept called the theory of constraints (TOC). TOC was first developed within the framework of manufacturing but has since been applied to all types of businesses.
AccountingSuite will unveil its Zoho CRM integration at the Solutions 14 conference on November 9, 2014 in Las Vegas. The direct integration of AccountingSuite with Zoho CRM removes barriers that have separated sales reps’ CRM systems from sales, inventory and accounting systems.