Business Strategies

car manufacturing

6 Ways to Minimize Downtime in Manufacturing

Downtime is expensive. The cost of unplanned downtime in manufacturing can range from $22k/hour to $1 million+/day, depending on the industry. And while some amount of downtime is inevitable, there are ways to minimize its impact on your business. But before moving forward, let’s understand downtime in more detail. What is Downtime in Manufacturing? Downtime

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house design planning

5 Areas to Spruce Up in a House Before Putting It Up for Rent

According to the National Association of Realtors (NAR), 43% of home buyers in the US were comprised of millennials. The NAR defines millennials as anyone born between 1981 and 1996, making them between 23 and 38 years old in 2019. This is the largest share of any age group and marks a significant increase from

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managing inventory for small business

E-commerce Basics: What You Need To Know

If you’re reading this, you’re probably in the process of designing an e-commerce website. Whether starting from scratch or redesigning your existing site, it’s crucial to ensure that your website is well-optimized for conversion. In other words, your goal should be to design a page that encourages visitors to take the desired action, whether making

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Christmas season

Preparing for Christmas Season for Your Business: A Few Tips

As the Christmas season rapidly approaches, businesses should prepare to make the most of the opportunity. Here are a few reasons why: Increased customer spending: Christmas is the busiest time of year for retail stores, with shoppers spending an average of nearly $1000 on gifts, decorations, and other holiday items. It represents a significant increase

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