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Maximizing Profitability: How to Improve 4 Key Areas of the CPG Product Lifecycle

Retail TouchPoints

Consumer packaged goods (CPG) companies are obsessed with two things: maximizing revenue and minimizing operational expenses. And the challenge for CPG leaders becomes how to maintain the output of their teams after that initial burst of energy at launch. Consider two beverage companies. Improved customer service.

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President Biden Signs Laws Aimed at Cracking Down on EIDL and PPP Loan Fraud

Small Biz Trends

We’re going to make you pay back what you stole and hold you accountable under the law”, said President Biden. The new laws will further add to the legislative measures available to prosecutors to go after fraudsters at the state and federal levels. My message to those cheats out there is this: You can’t hide.

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What is a Cash Flow Statement?

Small Biz Trends

These cash flow statements are a big part of financial accounting. These financial statements break down into financing, investing, and operating activities. And for capital expenditures and budgeting decisions that need to be made after looking at the flow statement. For example, gross cash receipts include costs and expenses.

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Report: Amazon Considering Peloton Acquisition as Fitness Company Seeks Profitability

Retail TouchPoints

Peloton is facing these challenges head-on with the appointment of its new CEO: McCarthy is a longtime executive, advisor and board member at both public and private technology companies. Peloton Taps a New Leader With Extensive Subscription Business Experience. Third Parties to Play a Major Role in Cost-Cutting Efforts.

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What is an Income Statement?

Small Biz Trends

An income statement shows a company’s revenue, total operating expenses, and net income. Take expenses and subtract revenues to get net profit for a reporting period. Potential lenders look at business activities like balance sheets and income statements. Operating Expenses. Non-Operating Expenses.

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Retail Logistics: Boosting Efficiency and Productivity

Retail TouchPoints

This process often consumes a substantial amount of labor, time and cost, accounting for 50%-75% of total operating expenses in a typical retail store. Lampa has a 30-year history in robotics and manufacturing, with previously held executive management positions at ABB, KUKA Roboter and Cargotec.

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Deadline Nearing to Apply for EIDL Loans Due to California Cache Fire

Small Biz Trends

Besides offering loans of up to $2 million, EIDL also offers low interest at 2.855 percent for businesses and 2 percent for private nonprofit organizations with terms up to 30 years. It can also be used for business operating expenses that could have been met had the disaster not occurred. Image: Depositphotos.