Blog

Take charge when selecting a new POS system

Selecting a new POS system does not have to be a daunting task if you formulate and follow a plan. It’s your business; it’s your money, so take control of the process. Lack of planning dooms most POS projects. These...

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What’s new a customer worth?

Your best competitor announces he’s going out of business. He calls you and offer to sell you the names, addresses, emails and a report showing the purchase history of his best 100 customers. What would you pay for the list?...

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Section 179 – Expense deduction increased to $125, 000 for 2012

If you’re contemplating purchasing new software in 2012 you should be aware of Section 179 of the tax code. Computer, printers and off the shelf software quality and businesses can deduct 100% of the purchase price from their gross income...

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Is the $6B settlement against Visa and MasterCard swipe fees good for the independent retailer?

A settlement was reached in a class action suit resulting in Visa, MasterCard and other banks having to pay $6B for conspiring to fix fees that stores pay to accept credit cards. For eight months the credit cards companies will...

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It’s a jumble out there!!!!!

Once a month when they release the economic indicators it’s time to look at them and try to make some sense out of them. Forget the political implications of the numbers and look at them somewhat analytically. Job growth is...

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Lead from behind!!!!

Lead from behind has been a phrase used to describe a method of foreign diplomacy recently. I believe it can be used as way for the small and independent retailers to embrace new technologies. There has been an avalanche of...

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If a wood chuck could chuck wood!!!!

If a wood chuck could chuck wood how much wood would a wood chuck chuck if………. I had an economics professor in college who would use this and some other alterative phrases as a lead in to a problems we...

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When is a free lunch really free!!!

I had lunch yesterday with old client and friend. It was basically a catch up lunch to bring each other up to date on both personal and business issues. Once we can past the catch –up phase of our conversation...

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