Business Valuation Calculator: How Much Is Your Business
A business valuation calculator helps buyers and sellers determine a rough estimate of a business’s value. Two of the most common business valuation formulas begin with either annual sales or annual profits (also known as seller discretionary earnings), multiplied by an industry multiple. Both methods are great starting points to accurately value your business.
Actived: Thursday Jul 2, 2020
How to Sell Products on Facebook in 5 Simple Steps
To sell products on Facebook, you first need a dedicated Facebook page for your business (not your personal page). Next, either connect your ecommerce platform to Facebook or upload your product category manually. Then, you’ll have to market your products and your Facebook Shop through ads, contests, and boosted posts. Using an ecommerce platform like
Top 13 Customer Service Response Templates (B2B & B2C)
Customer service responses are email and other online communications that address customer concerns. They let your customers know you care about their experience with your company and that you will respond to their concerns. Customer service response templates are often used to save time and achieve standardization. To help, here are 13 customizable templates.
How to Create a Customer Profile in 2020 (+ Template)
A customer profile is a description of a customer based on their demographics, backgrounds, hobbies, and interests. Businesses that offer ongoing services, as well as subscription-based and product-based businesses, should use customer profiles. They help bolster your marketing efforts by determining the best messaging, offers, products, and services to deliver to attract your ideal client.
Facebook Advertising Cost by Industry 2019
Facebook ads have an average cost-per-click (CPC) of $1.86 and cost-per-thousand-views (CPM) of $11.20, which varies based on factors from ad quality to competition. While the average small business advertising on Facebook spends around $1,000–$2,000 per month, there is no minimum monthly ad spend, making Facebook affordable for most businesses.
18 Creative Sales Promotion Ideas to Drive More Business
In 2017, sales promotion spending grew by 2.6 percent and is expected to keep growing by 3.5 percent by the end of this year. But even if you, as a business owner, invest more on your promotional strategies — not having a well thought out plan can backfire. You might even find them cutting into
Inventory Shrinkage: Definition, Causes & How to Prevent It
Retail inventory shrinkage is the difference between a product’s recorded stock count and the amount physically on-hand. Lost stock stems from theft or inventory control issues like receiving errors, unrecorded damages, cashier mistakes, and misplaced items. Inventory control procedures and retail point-of-sale (POS) reporting tools help retailers spot, combat, and prevent retail shrink.
Square vs PayPal: Price, Features & What's Best in 2020
The main difference between Square and PayPal is that Square offers a complete suite of business management tools, whereas PayPal is simply for accepting payments. This difference makes Square a better option for small businesses processing in-person sales. However, PayPal’s name recognition and easy One-Touch payments make it a better solution for online sales.
How To Sell On Amazon In 5 Easy Steps - A Beginner's Guide
Selling on Amazon can seem like an overwhelming and ambitious project. However, it really just takes a few simple steps to take you from choosing your products to shipping your first order. Here are 5 steps to get started selling on Amazon: 1. Find Products to Sell on Amazon There are many ways to source
How to Wholesale Real Estate the Right Way
Here’s a simple equation to use so you make at least $2000 as a wholesale fee off of each deal. The Contract + Estimated Rehab Costs + $2k Wholesale Fee should be < ARV. The buyer needs to have room to make at least 15% off the deal. Determining how you will make money is the basis of your wholesaling business.
6 Best Business Prepaid Cards 2020
Prepaid business credit cards are designed for small business owners who can’t qualify for or don’t want a typical business credit card. They require fewer qualifications than business cards while also limiting the owner’s risk. The best cards can help small business owners manage employee expenses. However, they don’t help build business credit.