By any measure, retailers are overwhelming small businesses. More than 95 percent of all retailers have only one store. Almost 90 percent have sales less than $2.5 million (USD), and more than 98 percent have fewer than 100 employees. To compete, small businesses need to be innovative, and understand both personalization and value, and how to execute best practices to build success.
cost of education
a fraction of the cost of previous systems. When asked which operational area would offer the greatest return on investment, most experts we spoke with said information technology. Technology systems allow small businesses to do more work in-house, reducing outside consulting costs and internal staff time. They allow work to be done more quickly and to facilitate faster decision-making. This applies to all operational areas: inventory management, advertising, financial reporting, customer knowledge and