Are you looking to grow your business? Cash is the most important asset a business has, and effective business cash management is key to avoiding revenue loss, maximizing profits, and growing your company.
Running a convenience store can be a lucrative and fulfilling business, but it's important to be aware of the ongoing operating expenses that come with it.
Late hours and large amounts of cash on hand make convenience stores especially high risk for crime, so it’s no wonder that convenience store owners and managers are focused on store security.
While there are many more industries with labor shortages other than just retail, the worker shortage has hit this industry the hardest. As retail is one of the biggest industries in the country, this isn’t exactly surprising.
According to The Federal Reserve, there is no longer a coin shortage in 2024 but coin circulation continues to pose challenges for consumers and businesses.
According to a study, 82% of small businesses fail because of cash flow problems. Understanding proper cash flow management, forecasting, best practices, and how to improve cash flow from operations can protect businesses from failure.
Smart safes offer many benefits that regular safes simply can’t, such as added security, efficiency, and accountability. Smart safes for businesses can also take the stress out of money management.
Digital payments such as Apple Pay and Venmo give customers an easy way to pay without carrying credit cards, checks, or cash. In the digital age we live in, how can cash-only businesses compete?
Cash is handled every day in restaurants from servers to bussers to management. Smart policies and procedures for cash management are essential to successfully running a restaurant.
From store layout to cash management procedures, there are many factors to consider when implementing smart retail store operations.
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