Small Business Struggles Solved with Amazon Business
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Por Violeta León |
A small business owner faces a list of struggles every day just to stay in business. Without the deep resources, experience, and contacts big corporations have, small businesses find themselves working so hard to generate income and make a profit. According to the U.S. Bureau of Labor Statistics, about 20% of small businesses fail by the end of their first year. By the end of their fifth year, 50% go under; and by the tenth year, that number rises to 80%. However, Amazon Business is the newest smart tool to help small companies overcome successfully their first years of business and you’ll learn how.
A business requires financing to meet payroll, to develop new products, to execute a marketing program and to expand the facility to meet rising demand. A small business can sometimes find it difficult to reach the financing needed to run and grow the operation. Investors and lending institutions are sometimes hesitant to invest in a small business that does not have the equity a large corporation has or the resources to compete in the open market that is available to a bigger company. It is essential to optimize the available resources to produce quality goods that can lead the business towards effective productivity and increase the business value in order to fairly compete in the open market. After all, good productivity means good business.
On the other hand, small business owners perform several tasks that can take up time on their daily schedule. Entrepreneurs often find it difficult to balance a schedule that includes sales and marketing activities, the search for financing, product development, accounts payable, accounts receivable and business development. Besides, time is money, especially in small or start-up business it is counted at the growth level. A scheduled picture of "what to do and when to do" makes easier to process the production without any loss. The effective time management can be the turning point of business for profitability.
Once you create an account in Amazon Business, you’ll be able to add people who can then add groups, make purchases, create approval workflows and add purchase order numbers. Plus, the administrator can add and manage business-account such features as payment methods and shipping addresses. This will help the business to effectively manage their time taking a side, the inconvenience of being one person only in charge of the buying department. Plus, Amazon Business accounts get Business Prime Shipping. That includes unlimited, free two-day shipping on eligible items. You can sign up for a Business Prime Shipping annual membership based on the number of users their business account has. It's $499 for up to 10 users, $1,299 for up to 100 users and $10,099 for more than 100 users. You’ll skip the long wait for your raw material to arrive. You can also get free standard shipping on orders of $25 or more of eligible items if you don't opt for the Business Prime Shipping membership.
Finally, when new technology is announced, it can be expensive to implement. A small business may not have the financial or technological resources to take advantage of new technology that a larger company may have, and this puts the small business at a distinct disadvantage in the marketplace. But, the Amazon Business suggests you amazing discounts on technologic tools and offers you valuable connections to other business that can bring you the most advanced technology at a low price. Moreover, you can create an Amazon Business for free and start managing your business as a big company does.
Amazon Business seems like it takes away a lot of the hassle small business owners have to handle on a day to day basis.
ReplyDeleteIt really does! Thanks for sttoping by!
DeleteOh this is awesome! My husband works for a small company that sells online, I will tell him all of this info!
ReplyDeleteCreating the account is totally free, that way he can take a look on the discounts and decide if this works for him without investment at all!.
DeleteGood information to know if I ever open a business!
ReplyDeletexoxo,
Sabina
sabiithefirst.com
These are helpful recommendations to get started, relevant for D2C ecommerce businesses getting started
ReplyDeleteAmazon business is amazing and has great resources for business owners.
ReplyDeleteThis post was super informative and helpful to me in understanding Amazon Business! I'm hoping to start my own small business in the future and think it'll be the perfect resource!
ReplyDeleteAmazon really does offer so much! As a former small business owner, I wish I had some of these resources available.
ReplyDeleteI had no idea Amazon had such a service!
ReplyDeleteI don't have my own business, but it looks like a great deal!
This sounds like a great service for small business owners! Amazon continues to amaze me - they have so many different services!
ReplyDeleteWow! I wasn't familiar with this before - what a great service. I need to check this out. Thank you for sharing :)
ReplyDeleteWOW....is there anything that Amazon does not offer these days? It's HARD to run a small business. So glad to have this excellent resource!
ReplyDeleteThis is a great post, super informative, and so much great information! Thank you so much for sharing :)
ReplyDeleteWhat an awesome and informative post. this could be a big help especially for small business owners.
ReplyDeleteIt sounds a handy tool. Amazon really are thinking of everything these days.
ReplyDeleteI've never heard of this, but want to know more. I have a small Amazon account, but would really like to grow it.
ReplyDeleteThat's a very interesting article, Violeta. I'm sort of familiar with it but have never actually looked it up. You've given me a timely reminder to do so, thank you!
ReplyDeleteIt takes so much hard work to make the small business grow. This has some very helpful information.
ReplyDeleteI love Amazon! They really are so helpful in various facets!
ReplyDeleteThis is interesting! Amazon is continually growing and developing. They are also great problem solvers.
ReplyDeleteGreat idea on your post there. I am going to try it and see how it goes!
ReplyDeletesure they are great to start with amazon! I will keep in kind
ReplyDelete