Bakery owner gets creative to save on expenses
Yael Krigman quit her law-firm job to focus on her cake-pop business, and after initial success with corporate events and parties, she wants to open a storefront. Her challenge is a lack of capital. As she searches for the money, Krigman is keeping costs low by postponing hiring, using her synagogue's kitchen and getting free guidance from an MBA program. The Washington Post
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How to get better at inventory management
Improve your inventory management by upgrading to a software system if you're still using paper, designating someone to monitor inventory levels, breaking inventory into three categories and analyzing the demand for your products, writes Dixie Somers. "If one item flies off the shelf while others just sit there endlessly, you need to determine why," Somers writes. B2C Marketing Insider
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