Budget 2021: What It Means to You

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Faced with apprehension, the first Budget Speech of the “new normal’ was generally well-received, with the Rand holding steady, markets reacting positively, and South Africans breathing a collective sigh of short-term relief.

 

A surprisingly optimistic 2021 Budget provided funding for COVID-19 responses without hiking direct taxes, and previously announced tax increase proposals were withdrawn. Read more

7 Inventory Metrics Warehouse Managers Should Be Tracking

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Warehouse managers constantly are told to do more with less. Lean practices are forcing warehouse managers’ hands. The goal, of course, is to keep costs low while getting the right inventory to the right people at the right time to ensure high customer satisfaction. If only it were that easy! Inventory control, shrinkage, excess inventory, lagging worker productivity, and stockouts plague your days.
The solution is tracking the right inventory metrics. While you won’t be able to eliminate every inventory challenge and put your warehouse on autopilot, you will be able to make better decisions by spotting trends and gaining insight from your data. But, which metrics should you prioritize? The most important metrics warehouse managers should track include Read more

Black Friday – Setting up specials

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save up to 50% Black Friday clip art

Getting ready for Black Friday can be a daunting task. We are here to help.

Setting up Individual Items as Specials

  • In Smart-IT, click on the Stock Items tab, and then on the Item Lookup.
  • Search and open the item that you want to put on special.
  • Click on the Cost and Selling Prices tab.
  • On the bottom of the page under the Special heading, select your Begin date and your End date.
  • Type in either the Excl. amount or the Incl. amount and click on the Save [F4] button, on the top left of the page.
  • Your special is now ready. You may do this for multiple individual items.

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TIPS FOR MANAGING YOUR STAFF WORKING FROM HOME

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One of our new realities in this topsy-turvy world of global crisis is the many businesses that have had to close their offices and work remotely.

The resultant explosion in the number of people working from their home environments brings with it many serious challenges for businesses. Fortunately however, there is a lot of guidance available on how to maintain high levels of morale, loyalty, and productivity amongst your work-from-home employees.

For example, researchers at Harvard University have identified five main areas as key to achieving the best possible results from a remote working situation. Read on for some thoughts on them.

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Is Your Business For Good as Well as For Profit?

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Do you feel like you are powerless to change the world — when you can see the world needs changing? As a freelancer, entrepreneur or small business owner, are you giving back? Whether it’s fundraising for a worthy cause, donating your product to those in need, or campaigning for marginalized voices in your community, any business can make a positive impact.

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5 Unmissable Resolutions For Your Business in 2020

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It’s not just the start of a new year, it’s the start of a new decade. That’s the perfect chance to make meaningful resolutions — and stick to them.

Typically this is the time to brave a packed and sweaty gym, or fill a shopping cart with kale. But for this year, why not consider creating a list of New Year’s resolutions to help your business thrive, such as partaking in charitable work or improving work-life balance?

If you want to make some positive changes (and keep them up throughout the year), grab a coffee, sit back — and read about the New Years’ resolutions that your business should be making in 2020.

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