Ever since the pandemic has changed the way we live and work, small business owners have been looking for innovative solutions to stay profitable. Many Amazon sellers have always sourced their inventory using retail arbitrage in brick and mortar stores. If you’ve never sourced online or want to know more about it, you’re in the […]
InventoryLab Inc.
August 12
Tracking inventory is never easy, and with Amazon changing the rules recently, let’s take a minute to ensure we understand how inventory should be recorded in your books. We’ll start quite simply with the definition of inventory. From an accounting perspective, it is an asset and will show up on your balance sheet, just like […]
This week we’re answering some general InventoryLab Frequently Asked Questions. Whether you’re brand new to InventoryLab or just considering signing up for the first time, we’re here to share the answers to these FAQ’s! I’m not sure I want to commit to an IL subscription right away. Can I try it for free? Yes! You […]
InventoryLab Inc.
July 23
The past four months have certainly created a lot of uncertainty and frustration for small business owners everywhere. For Amazon sellers, we know that your day-to-day is difficult enough even during the best of times! While we can’t wave a magic wand to make running a business easier, we’ve got the next best thing. Here […]
These last few months have been a wild ride for our clients. Some sold more in April than in Q4. Some were laying off employees and pivoting to merchant fulfilled. Most were applying for the SBA loans, both the PPP and the EIDL. The eCommerce business has really been all over the map. I hope […]
It’s an understatement to say that 2020 has been a unique and challenging year for everyone. The worldwide pandemic of COVID-19 reshaped the way we live our day-to-day lives. Everything has been affected, from consumerism to employment to the way our kids learn. Now that summer is here, remote schooling is finally over. However, COVID-19 […]
InventoryLab Inc.
June 24
If you’ve ever purchased anything on Amazon you’re probably familiar with Amazon Deals. Amazon offers different sales nearly every day. These deals are featured prominently on Amazon’s homepage, and buyers can use the category search to find the best offers. If you’re an Amazon seller who’s never taken advantage of these limited time promotions, you […]
InventoryLab Inc.
June 17
Often when we think of mentoring, we think of teachers and students or organizations like Big Brother and Big Sister. But did you know there are business mentors as well? A business mentor can be defined as someone with entrepreneurial business experience who can serve as an advisor, confidante, and teacher to someone just starting […]
InventoryLab Inc.
June 11