Backup Power for Small Businesses: Always Be Prepared

It’s important to develop a disaster plan for your business that accounts for the scenario of a agen poker resmi power failure.
Power failures pose a serious financial risk to small businesses, interrupting your operations and income if you don’t have a backup plan.
Onsite power backup options include uninterrupted power supplies and generators.
Price and capabilities determine the best generator for your business. Portable, stationary, propane and natural gas versions are all available for commercial use.
Power failures are one of the most common risks to small businesses. You don’t need to live in the path of a hurricane or in an earthquake zone to be at risk of this particular disaster. Widespread power grid failures can occur almost anywhere. While manufacturers and retailers can experience substantial losses of perishable inventory, service-oriented businesses can be impacted by the loss of computer and phone service.

Regardless of your location or type of business, it’s a good idea to assess your risk and develop a disaster plan for the event of a power failure. Your contingency plans should address power failures lasting minutes, hours, days or even weeks. [Read related article: From COVID-19 to Hurricane Season: Disaster Preparedness for Small Business]

What Is a POS System? (and Other Common Questions Answered)

Learn what a POS system is, how it works and how your Judi slot business can benefit from having one.
A point-of-sale (POS) system allows businesses to complete purchases, record sales data and view business performance reports.
Some POS systems have additional features like employee, customer and inventory management.
Businesses should purchase a system that easily integrates with their other business platforms, like accounting and marketing applications.
To complete a sales transaction, your company will likely need a POS system. There are several types of POS systems, each with its own features and functionalities; for example, you can get a simple platform to conduct sales transactions or one that includes various operational capabilities, like inventory management.

The best POS system for your business depends on your company size, industry, budget and the features you need. There are so many systems to choose from. In this article, we break down what a POS system does and what features you need to be on the lookout for so you choose a system that is perfect for your business and your budget.

Some Essential Tools for Building a Successful Business Plan

Business plans have certainly changed throughout the years. Not too long ago, a business plan required you to spend hours doing market research and slowly plotting out your business trajectory. You would have to take data from several sources and do your own legwork. Now you don’t necessarily have to do all that work to put together a business plan. In fact, many entrepreneurs entirely dispense with the idea of Agen slot business plan, while others prioritize flexibility and the ability to pivot instead of sticking to a script.

Regardless of how you intend to create your business plan, having one – or at least a rough sketch – is an essential step toward success. Business plans are a road map for how the business should grow and develop over time. A business needs to have a clear-cut direction; otherwise, it becomes impossible to make decisions that lead the company to achieve its goals.

Using tools and resources to develop business plans gives owners an edge, since it allows them to tap into the general knowledge in the field. From the tried-and-true deep dive into the industry to simple, one-page documents that outline the essentials, business plans can take many forms. Here, 19 members from YEC share their favorite tools and strategies for drawing up those business plans, no matter the style.

1. Lean Canvas
“My favorite tool for building out a business plan has nothing to do with software. It’s a simple one-sheet template called Lean Canvas. Instead of getting bogged down in details and analysis paralysis, Lean Canvas offers a high-level view of the main risks the business faces, as well as areas of opportunity. It’s a blueprint that can always be referred back to, to guide more granular plans.” ‒ Matt Diggity, Diggity Marketing

2. Slidebean
“I enjoy using Slidebean to create a deck first. They have a ton of pitch deck templates from famous startups. You can use them as inspiration for flow and storytelling. Most investors don’t need a traditional comprehensive business plan, but it’s still good to have one. I start with making a deck to hit the main points, and then I can create a detailed business plan using the deck as an outline.” ‒ Christopher Seshadri, PhotoSesh

3. Lunchclub
“I’m a teamwork kind of guy, so that’s why for me lately it’s been Lunchclub. It’s fantastic. It matches you with people fitting for you, your expertise and situation. I met amazing individuals and made plans with them. Some projects are already halfway to going live. That’s what happens when passionate people interested in the same project make plans.” ‒ Joey Bertschler, dorfnetz.li