Starting a Private Label with Minimal Cost? But does a private label business cost much? Can you start a private label business with minimal cost? After learning about private label, I guess you want to try it now, right? But there’s only one problem… budget. Perhaps it’s a bit tight right now, or you just…
Saving Money in Your Business
Saving Money in Your Business. At some point in your life, while running a business, I’m pretty sure you have thought about how you can increase your profit. Of course, to grow and succeed! So you’ve tried boosting your sales. It worked! But maybe kinda? Because you also notice that your expenses went higher too….
Product Reviews and Trend Discovery Sites
Product Reviews and Trend Discovery Sites. Entrepreneurs don’t stop with one product idea in mind. They continue to search for something new that they think would be profitable and trending for their businesses to grow. If you also think that way– then you are on the right post. For the third article of our series…
Online Consumer Product Trend Publications
If you’re lucky, sometimes, a product idea just pops up in mind. But if it’s not happening no matter how hard you try– you want to know where you could get it. Like novel writers who are experiencing writer’s block, most of them read other books or watch movies to get an idea for a…
Consumer Lifestyle Publications
On your journey to search for a product idea, you have thought about your possible consumers. You want to think of something that will satisfy them, solve their problem, make them loyal, and surely turn them to sales. But how? If only you can read their minds– it will be easy. Asking them personally is…
Audience surveys
Maybe you’ve already found some product ideas, but here you are still reading. And I think it’s because you want more knowledge. I think you know that you will still be needing to find more ideas soon. That’s why you want to know where else can you look. I say– that’s a good quality for…
Crowdsourcing
By reading all the posts in the series of “Where to Find Product Ideas”– you may have realized by now that there’s actually a right way. One is that it should come from consumers. From their interests, challenges, etc. And the other one is that an idea should be voiced by many. I mean many…
General Ledger
What is General Ledger? Let’s say you’re preparing for your business, and your research about accounting took you here. Or maybe you’re changing your accounting method to double-entry bookkeeping. Whatever it is, if you’re seeking knowledge about General Ledger– this posts is what it’s all about. General Ledger’s Purpose The main purpose of a general…
Cycle Count
Have you heard about Cycle Counting? If you’re looking for a way to count your inventory without having to in its entirety– that’s the answer. Curious? Read this blog post. What is Cycle Counting? For startups, counting your inventory is easy, but as your business grows, so do the tasks involved. Cycle counting is an…
Inventory Valuation
When we say inventory valuation– we are talking about an accounting technique. To be precise, it is a method to assess the value of unsold stock in time of financial statement preparation. It is usually done at the end of every financial year. Learn more about it in this blog post. And let us also…