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Business financing has changed a lot in the last 20 years. This is mainly because traditional loans are no longer the only way for businesses to access capital, as alternative funding options are becoming more accessible. One type of business financing that is gaining popularity is merchant cash advance (MCA) funding. But what exactly is
Starting a flooring business means entering a competitive but essential industry. Homeowners and businesses alike are always seeking out durable, stylish flooring options for renovations, new builds and upgrades. There’s also room for flexibility, whether you choose to specialize in a specific niche or offer a broader range of products and services. But regardless of
Smoke shops handle a broad range of products—tobacco, glassware, accessories and more. Balancing inventory levels with customer expectations and regulatory requirements keeps your store running smoothly and customers coming back. Done right, inventory management helps smoke shops streamline operations and drive profitability. In this blog, we’ll go over what smoke shops need to keep in
In 2024, 11% of point-of-sale transactions in the US were made in cash, and this is expected to drop to just 9% by 2030. With this in mind, many businesses, from retail stores to restaurants and hotels, are opting to overhaul their payment technology to offer their customers a better experience while reaping several benefits
Transforming your skateboarding passion into a thriving business starts with understanding what makes a great skate shop work. The most successful shops serve as the beating heart of local skate culture—the essential hangout where the community shares tricks, stories and that unmistakable energy. Your shop can become the central hub where newcomers get their first
Effective warehouse inventory management is table stakes for today’s retailer. With the right system in place, you gain real-time visibility and control over your stock, helping you stay ahead of demand and competition. Without it, you risk costly mistakes, operational delays and losing customers due to stockouts and slow order fulfillment. Traditional inventory tracking methods
Seasonality has always shaped the sporting goods industry—winter brings demand for ski gear, while summer calls for water sports equipment and hiking essentials. As new niche sports gain popularity and weather patterns shift, your inventory strategy needs to be agile. The challenge isn’t unpredictable customers—it’s making sure you have the right equipment at the right
Opening a hardware store can be a meaningful way to run a profitable business that serves your community. Whether you’re helping a first-time homeowner patch a leaky faucet or supplying a local contractor with materials for their next big project, a hardware store meets everyday needs with long-term value. With steady demand from DIYers and
Think you’re running a tight ship? Think again. Every retailer, no matter how seasoned, faces the silent threat of inventory shrinkage. It’s the phantom thief that steals profits right from under your nose. From shoplifting to administrative errors, shrinkage erodes your bottom line and disrupts operations. Understanding the causes and implementing preventive measures is crucial
Foot traffic is the number of customers that walk into a brick-and-mortar store over a given timeframe. Learn how to increase store foot traffic and convert it into sales.
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