Seeker Solution
Business Blog
The Seeker Solution business blog provides operational management tidbits for the everyday business leader. These tips and solutions are targeted for small to medium sized companies in written and video format. You may also follow Seeker Solution on social media for more frequent, additional insights into the daily hustle of managing business operations.
Healthcare Operations Part 1: Policy, Process & Procedure – Do You Know the Difference?
After dedicating many hours to health and wellness practices, our team has an innate ability to know which challenges are inevitably going to arise -- and how to avoid or overcome those challenges. When it [...]
Moving On After Closing Your Business
In the business realm, transformation can be beneficial to success. But what if the transformation your business is experiencing is having to close due to the pandemic? If you're looking for support to navigate this [...]
Tips for Marketing Your Small Business Reopening Plan
What a year 2020 has been for the U.S. and the world at large. Along with the health consequences brought about by the COVID-19 pandemic, the economy has been thoroughly shaken. As a result, countless [...]
Find Clients During Quarantine in the Middle of the Coronavirus Pandemic
Finding clients can be a challenge at any point during your small business venture. But the COVID-19 pandemic has thrown a new wrench into the works. Fortunately, with good advice and plenty of motivation, you [...]
How to Grow Your Inventory-Based Small Business and Live to Tell the Tale
Regardless if you’re in wholesale or retail, you will likely agree that inventory tracking can be complicated. Unfortunately, much of the success of your business lies in inventory, too, making accuracy, maintenance and selection a crucial aspect of your small business that you just cannot sweep under the rug. Therefore, it may be high time to start treating inventory, not as a necessary evil, but the possible be-all and end-all of how to grow your inventory-based small business. The key is in breaking it down into small, bite-sized pieces that you can easily manage and organize systematically, rather than tackling it piecemeal when the spirit moves you. Consider the following components: Your inventory management There’s no doubt as to the importance of solid inventory management. The real question lies in doing it right. One legitimate concern is, of course, the question of how much inventory should you carry at any given time. While the basic answer lies in the law of supply and customer demand, there are actually more factors to consider, such as shelf life, seasonality, storage, and cost. This is where inventory control comes in. As labor-intensive as this task might seem, there are always ways to simplify. A way to do so is by investing in inventory management software. When implemented right, a good system not only helps you track inventory but it will also potentially boost your bottom line by streamlining the process. And with a streamlined process, everything else really just falls into place. Your storage Storage is a significant factor when it comes to inventory management. Know that different products have different turnover rates. Moreover, certain products may require special storage conditions. So while some products are okay in your basement, for example, others may be better suited in climate-controlled self-storage or even a warehouse. There are really no specific hard and fast rules when it comes to inventory storage, but there are best practices, [...]
THE AMERICAN SPENDING CRISIS
Did you start your own business and find you’re left with a lot less in your pocket than you anticipated? Stressed over finances? You’re not alone. The total debt of American non-financial corporations as a [...]
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