Small Business

Selling products isn’t just for retailers—almost every small business can benefit from diversifying its revenue in this way. During times of economic uncertainty, offering merchandise is a great strategy to insulate your business from hardship and shore up your finances. For example, a dog kennel might begin to offer grooming services, gourmet treats, and pet accessories like collars and leashes to create more income streams. Or, a hair salon might sell styling tools and products for at-home use. No matter what products you choose to sell, you’ll need to ensure your business effectively manages product inventory. Following the tips we recommend [...]