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Retailers are no strangers to change, from shifting consumer habits to evolving supply chain challenges. But there’s one change that’s been quietly reshaping the financial side of the retail industry: the new lease accounting rules under ASC 842. These rules, designed to increase transparency and accountability in financial reporting, have far-reaching implications for how re...
Running an independent retail store today isn’t as simple as opening your doors and waiting for customers to walk in. Shoppers have endless choices, both online and offline, and their preferences change faster than ever. What worked last year might not work now.
For independent retailers, staying competitive means understanding what driv...
Ever walk into a store and wonder how some places feel like they’ve got it all figured out—while others seem like they’re one sale away from closing for good? Retail has always been a tough game, but now, with shifting customer expectations, supply chain chaos, and tech swallowing tradition, it’s a whole different beast. In this blog, we will share the most important strategi...
Stamp prices won’t stay still. Since July 14, 2024, a Forever Stamp costs 73¢, while a metered one-ounce letter is 69¢—a four-cent gap that adds up (fp-usa.com). If your business mails only a few hundred pieces a month, should you keep using stamps or lease a meter for the lower rate? Below we compare 2025 USPS pricing, hidden fees, and time costs so you can keep more cash—an...
As everyone is aware, tipping is a crucial component of employee compensation in most service-based businesses. Restaurants, bars, coffee shops, and salons rely on daily tips to compensate their teams. But when HR and payroll teams handle tip distribution from their POS systems to their payroll app, things can get messy fast. HR and payroll teams end up juggling spreadsheets,...
