Payment Terms Q&A
Michelle Asks: Q. Do I have to offer the 2/10 Net 30 discount? Is it expected? And should I include penalties if paid after 30 days? I’d like to be paid a deposit with the balance paid within 30 days of product receipt.
-
-
Q&A What reports should I run each month?
Robin from Flourish and Thrive Academy asked us: Q: What Reports should be running each month? A: There are 3 main monthly reports you should review. We call these your key Management Reports. Action Step: Run the following Reports and analyze each line and how they relate to each other. Doing this regularly will help…
-
Q & A : Shopify and Xero
Brandy asks: Q: I am in the process of setting up our Shopify POS. I’ve had two sales on it. Is there anything I need to do to document these sales or are they all going to be registered on Shopify? Can I run reports for retail/shop sales in Xero or do I need to…
-
Q & A: Inventory Tracking in Excel vs Online Programs
Candace asks: Q: Does this inventory tracking/pricing workbook replace the other software based jewelry systems like benchworks, craftybase, jewelry manager, etc? Would I be able to add SKU numbers for my finished pieces and variations if I use different gemstones? I am looking for an easy to use and maintain inventory system. Currently, I am…
-
LastPass: The Last Password You’ll Ever Need
Manage your passwords in a convenient and secure way with LastPass. Stop wasting time writing, remembering and resetting your passwords. With LastPass, you only have to remember one master password. The rest are locked up and easy to find in the LastPass password manager. LastPass will autofill every password you save. It can save unlimited…
-
The Trick to Track and Price Jewelry Inventory
Have you heard yourself sigh in overwhelm and say, “Inventory Management Has Me So Confused?!” Now is the time to learn how to properly track and price jewelry inventory. Get the excel workbook! You understand the concept of entering raw materials (gems, beads, chain, clasps, sheet metal) into inventory when you purchase them and entering the…
