Choice is a tricky beast. On the one hand it gives customers the freedom to evaluate and select items that they find suitable for their needs, on the other it can be overwhelming and lead to poor or inefficient decision-making.
Having the correct stock levels means you’re not paying for slow-moving stock to sit on the shelf and you can therefore invest in the items that are bringing you better sales. On the flip side, it means you don’t run out of your best sellers and risk losing customers. Getting the timing of this right does require some forethought, so here are the things to consider.
Running a business often also means managing a team of staff or contractors who work for or support your business. And in today’s business world, increasing numbers of small and medium business owners allow their staff to work remotely and also use the services of virtual assistants. Here are some tips and online tools to help you do this well.