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Retail Costing, FIFO, LIFO, Average COST?
Retailers live on their margins, so you obviously need to have a good understanding of your real cost of goods sold (COGS). Understanding your costs from your vendors will help you choose the appropriate method, as will your point of sale system.
In Business to Sell Shoplifted Items
Shoplifting along with employee theft has become big business. In a number of cases, storefronts have been set up for the sole purpose of reselling shoplifted items for huge profits. In other cases shoplifters as well as grocery store employees have made arrangements with unscrupulous restaurants to supply them with stolen merchandise, primarily meat products for a cut rate price. Meanwhile other shoplifters have gone into business for themselves selling a variety of shoplifted items on one of the many online auction sites.
Checking and Giving References – Both Sides of the Coin
To Check or Not to Check - that is the question many employers ponder. The answer, you should always check and do your due diligence, but do it correctly.
Inventories are for More than Your Warehouse!
If you had an emergency, would you know where your important documents were? If your business had a fire, would you be able to tell your insurance agent all of the things that you own? What would you remember and what would you forget? Could you list the brand, serial number, model and cost? No? Neither could I if I relied on my memory! Read on for more reasons an inventory is important and what you can do right now.
New Gadget - Things You Should Do?
You've just purchased, or received, a new portable device, a gadget. Other than learning to use it what are some of the things you ought to do? Here are just a few things.
Do Your Due Diligence
Once your Federal trademark application is filed, it's on you, the applicant, to keep an eye on your status, any emails & any requests from the USPTO. Failure to do so could result in your application becoming canceled, so this is important.
Federal Trademark Application Timeline, Intent to Use Application
A detailed timeline for a Federal trademark application for those applicants that are not currently using their marks.

Federal Trademark Application Timeline, In Use Application
A detailed timeline for a Federal trademark application for those applicants that are currently using the mark in at least 2 states or between the US & another country.

Other serial number Related Articles

Lesson #2: Be Ruthless
“It's my job for Oracle – the number two software company in the world – to become the number one software company in the world,” says Ellison. “My job, is to build better than the competition, sell those products in the marketplace, and eventually supplant Microsoft and move from being number two to number one.”
American Inventor Simon Cowell
American Idol fans throughout the country know him as the ruthless judge on the hugely popular televised nation-wide singing competition. But, there is more to this Sony/BMG music producer than meets the eye. From American Idol to American Inventor, Simon Cowell has demonstrated his knack for producing hit shows and has confirmed his declaration of being “a serial entrepreneur.”

Serial Entrepreneurs and What Motivates Them
The WSJ has an excellent article titled The Secrets of Serial Success. The “serial entrepreneur” is a mysterious beast and entrepreneurship sociologists have been poking and prodding at it for some time. Most articles I read about the “motivation of serial entrepreneurs” falls short – this one nails a lot of the things I’ve observed and experienced.
In Search of Inexperience
TechCrunch published a great guest post by Glenn Kelman, the CEO of Redfin, called “Entrepreneur 2.0.” It inspired me to piggyback on his idea that investing in “serial entrepeneurs” who have already been successful might not be all that it’s cracked up to be and write this post.
Inventories are for More than Your Warehouse!
If you had an emergency, would you know where your important documents were? If your business had a fire, would you be able to tell your insurance agent all of the things that you own? What would you remember and what would you forget? Could you list the brand, serial number, model and cost? No? Neither could I if I relied on my memory! Read on for more reasons an inventory is important and what you can do right now.
The Illusion of Security
There are few things that cause more anxiety than the aspiration to safety. The ability to accept this gives us the wisdom required to be a serial entrepreneur.
The Entrepreneurial Engineer: The Early Years of Terry Matthews
You might not know him by name, but this entrepreneur has started up almost 100 companies and, as Wales’ first billionaire, is richer than even Prince Charles. An engineer by training, Terry Matthews became Wales’ richest man by fixing and building things ever since he was young. What started as $4000 in capital and a “long, long holiday” has since become one of the greatest examples of successful serial entrepreneurship in the world.
India Pepsi Franchisee set to secure franchise rights for Sri Lankan Bottling BusinessIndia Pepsi Franchisee set to secure franchise rights for Sri Lankan Bottling Business
NEW DELHI: RJ Corp, the diversified conglomerate owned by serial entrepreneur Ravi Jaipuria, is about to clinch a deal that will in one stroke hand it all of PepsiCo's bottling operations in Sri Lanka and expand its global footprint further.

Boomer Business Start-Up Strategy #6
One Boomer serial Entrepreneur, Rex, who is in sales, says his cell phone minutes must be at least 5400 minutes per month and he makes no less than 135 different contacts per week. This is a self-imposed criterion that he has set as part of a massive action plan. He feels that he has tried it time and again and continues to come up with the same number. For you it may be different. Nonetheless, if you are convinced that this business you’ve chosen to pursue is the right choice, you must come out of the gate blazing!
Are You Making Money?
A serial entrepreneur, Christopher is the founder and CEO of several companies, including 1-800-Good Credit, Worldwide Telegraph, and Customtollfree.com. He has been an EO member since 2001. You can reach Christopher at cmb@customtollfree.com.
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