In retail, inventory essentially is the business. Without properly understanding what’s on hand, how it’s performing, and what impact it has on the bottom line, good luck staying profitable. This is doubly true for the fiercely competitive world of SMB retailers. With the advent of the digital revolution, inventory management software for retail shops has become incredibly…
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How to Prepare for Annual Inventory Taking
The end of the year is a great time to perform a physical counting of your inventory to start fresh in the new year. On top of that, as people cease shopping after Christmas, it is usually the slowest time of the year. That makes it the perfect time for you to minimize or stop…
Better Insights and Control: Megaventory’s Latest Dashboard Update
Editor’s Note: This blog post was originally published in November 2016 and has been completely revamped and updated in March 2023 for better understanding and comprehensiveness. Megaventory’s Four Dashboard Features A while back, Megaventory announced its new user interface with four dashboard features, which is a step forward in addressing the needs of modern entrepreneurs….
3 Easy Ways To Extend Megaventory With Zapier
Certain visitors to our Megaventory site have been asking us if we support specific additional features other than those included in the long list of our Megaventory Features section. Even seasoned Megaventory users who have been using the application for some time now may also be curious about what else they can do with it to…
How to Use Serial Numbers for Advanced Traceability in Megaventory
We are excited to announce that we just launched our new Serial Numbers traceability feature. It’s a feature quite a few of you have asked for and it significantly improves the existing functionality Megaventory already offers. Essentially, it’s a way to allow Megaventory clients to track the movements of individual items in their inventory. You…
News from the Megaventory development front
Since last February a large number of improvements were made to Megaventory. Faster loading If you have a lot of transactions on a regular basis and you’ve noticed Megaventory taking longer than usual to load pages we’ve introduced a super easy way to speed up your account. If you visit your Account Setup page you…
How Can an Independent Retailer Compete With Power Retailers
Following the success of our other two posts on the importance of the right retail software and the top online tools and services, we decided to give a final round to our series of retail articles. In this article, we asked successful retailers and experts what the challenges of an independent retailer are and how can an independent retailer compete…
9 Powerful Tools For Best Retail Results
Editor’s note: This post was originally published in July 2016 and has been completely revamped and updated in January 2023 for accuracy and comprehensiveness. It is Independent Retailer Month and we will continue our postings on retailer tips and tools, to help you get the most out of your business. In this article, we asked successful…
How Important Is the Right Software in Retail Business
It is Independent Retailer Month and we are going to dedicate July’s posting to help you get the most out of your retail business. In this article, we want to highlight the importance of using retail business software solutions and most importantly implementing the right one. Therefore, we asked for the opinion of the best;…
5 Tips on How To Franchise Your Business
Editor’s Note: This blog post was originally published in June 2016 and has been fully updated and improved in July 2023 to be comprehensive and easily understood. If you’re a franchisee or considering becoming one, you know that to be successful you’ll need a unique set of skills and strategies. It’s not just about following…