The Source

This week in The Source

The Importance of Calculating Your Inventory Turnover Ratio

March 14, 2020

If you own a business and have noticed struggles relating to sales, you may wonder what to do to improve. One of the most common pain points for retail businesses is improper inventory controls. Knowing...

Small Business

The Importance Of Silence In Negotiation Tactics

March 11, 2020

Susan Cain examined society’s bias towards extroversion in her book, Quiet: The Power of Introverts in a World that Can’t Stop Talking. She highlighted how, particularly in business, we idealize the extrovert. The person who's...

Marketing

Pros and Cons Of Hiring A Digital Marketing Agency

March 11, 2020

Whether you’re starting a business or you’ve been running one for years, you know the importance of marketing. In today’s online world, digital marketing is likely a major component of your overall strategy.

Small Business

Pros and Cons Of Starting A Subscription Box Service In 2020

March 9, 2020

A decade ago, most consumers didn’t know what a subscription box was. There were some early adopters in this market, such as The Sampler, an art-based subscription, which started in 2004. However, the trend really...

Small Business

Small Business Ideas: How to Select A Long-Lasting Niche

March 8, 2020

Many entrepreneurs know they want to start a small business before deciding what that business opportunity will be. If that’s the boat you’re in, how do you choose a long-lasting idea?

Small Business

5 Frequently Asked Questions: Business Property Foreclosures

March 4, 2020

Many business owners need to obtain property for their businesses. The uses for this property depends on the business. However, properties are usually expensive, often beyond business owner's typical budgets. This may cause these owners...

Small Business

How to Avoid A Blanket Lien: The Bane Of Equipment Financing

February 24, 2020

Many small business owners require additional funding to purchase equipment, materials, or inventory. When you explore business financing options, you might come across offers that include a blanket lien agreement.

Technology

Compare and Contrast: ICO vs IPO When Raising Capital

February 22, 2020

Thanks to the rise of cryptocurrency and blockchain technology, we hear the term ICO all the time. Since ICO sounds a lot like IPO, many people assume these terms are the same. The reality, however,...

Small Business