For businesses with multiple warehouses, thousands of items in inventory, and complex supply chains, moving to available-to-promise (ATP) supply chain management can transform a company. In the ’90s, Walmart and Kmart were in a brutal […]
I spent my childhood in Vancouver, British Columbia, a jewel of a port city on Canada’s west coast. We lived in a middle class neighborhood overlooking Burrard Inlet, where ships from all over the world […]
When you buy a home, putting a down payment toward your purchase can make a big difference. It may help convince the seller to accept your offer and reduces the amount you need to borrow, […]
Whether you’re stressing over paying bills or spending money to make yourself feel better, anxiety and money often go hand in hand. Still, financial advice tends to emphasize numbers and strategies, not the root cause of money […]
You want to turn your hobby into a business. That’s the dream. Or is it? Transforming your favorite past-time into a full-time job full might sound like the secret to a happy and fulfilled life—both […]
You’re out there every day. Getting up at the crack of dawn to prep your ingredients and menus, filling up your mobile food truck with gas, and making a few calls before the lunch rush […]
You already know you have a credit report. (Well, three, but we can get to that later). You already know that the information on your credit report affects your credit scores (more than one there, […]
Refinancing or purchasing a house requires an ample supply of cash, credit and income. Here’s what you need to know with regards to getting a mortgage loan with roommate income. Generally, to get a mortgage […]
Do you know what you’re worth? More importantly, do you know how to get others to pay you what you’re worth? Here’s how to make sure you’re getting the money you deserve. 1. Be worth […]
The idea behind lean manufacturing, also called lean production, or just “lean“ is simple: Cut waste out of the manufacturing process while maximizing productivity. No matter what type of business you run, you can still […]
You know you can ask Alexa to play music while you’re busy prepping dinner. And you know you can scan your smartphone to pay for a Starbucks latte. But do you know what these (and […]
Spending money is a necessary part of building a business. Business owners can attribute many costs to producing or creating a product or service. These are known as direct costs. The expenses that are not […]
If you’re barely keeping up with your monthly debt payments, or even starting to fall behind, you might be thinking about making a change. Paying less toward your debt each month probably sounds like a pretty […]
It’s no secret that small businesses play a vital role in the US economy. However, revenue for small businesses can be scarce. For instance, small businesses that do not have any employees average just $44,000 a […]
No matter where you love to shop, it’s easy to see that retailers want you to spend as much money as possible. From the displays of designer goods whispering your name at Macy’s to the […]
While 85 percent of homeowners in the U.S. have home insurance, ValuePenguin’s survey of 2,000 homeowners found that just half know what their home insurance policies cover. Even fewer compared prices when shopping for coverage, just 1 […]
When you need help financing a purchase or paying off debt, you might find yourself comparing the options of taking on a personal loan or applying for a new credit card. But which one is […]
Twenty-three percent of American drivers suspect they’ve been a victim of credit card or debit card skimming at a gas pump in the past 12 months, according to a new report from CompareCards.com. That’s up […]
If you’re an entrepreneur or small business owner, you may not realize how unlikely a new product is to succeed. Clayton Christensen, a professor at Harvard Business School, says that of the roughly 30,000 new consumer […]
With each passing decade, your pillbox fills up a bit more—and makes a bigger dent in your budget. A recent report from Congress found that 12 of the 20 most-prescribed brand-name drugs for seniors had seen price […]
If you’re an artisan or maker, you might dream of hitting a home run with a large retailer or national big box store. Creating something worth buying is every entrepreneur’s first challenge. After that, most […]
Dealing with major health problems is stressful enough, but mounting medical bills can make that stress even worse. It’s hard to pin down exactly how many people file bankruptcy because of medical debt, in part because it’s […]
Students attending college this fall will pay lower interest rates when they take out federal student loans, putting them on track to save at least $2.9 billion in interest. Rates on federal student loans to […]
Buying a car is expensive, and there are often additional expenses to consider beyond the sticker price. Some can take you by surprise if you’re not prepared for them. To ensure you’re making a wise […]
Over a decade ago, Gallup discovered that the average small business owner works 52 hours a week. 39% put in over 60 hours. And 86% work on the weekends. Fast forward to today and those numbers have […]
Summer’s here! But that doesn’t mean the same thing when you’re running your small business as it did when you were in school, does it? As a small business owner, you don’t have the luxury […]
If you’re part of an airline or hotel loyalty program, you likely get bombarded with email offers encouraging you to buy more points or miles. Some of their special promotions can sound tempting. But is […]
Chances are, you have Amazon Prime. The popular subscription service costs $12.99 per month or $119 per year when you pay upfront, a price point that’s easily justified by Prime’s core selling point — free […]
The typical American household is carrying average credit card debt of $9,333 according to recent research. If you’re among them, you may be dealing with overwhelming debt and looking for a viable solution. Fortunately, there are […]
On July 3, Ford Motor Company (F), the second-largest US automaker, reported its second-quarter home market sales data. While the company’s overall sales fell sharply in the quarter, the drop in its F-Series sales added insult […]