Business
Six Things to Know Before Launching a Business.

Published
3 years agoon

If starting a business was simple, it would be a common practice for everyone to do it. However, it’s not that simple. When you take the leap and decide to start your first venture, you’ll face many issues that could fail.
Being warned is certainly forearmed in this scenario, so we have six essential items to consider before starting.
1. Enthusiasm Isn’t Enough
In the post-COVID age, we are invigorated to make the most of every day, take advantage of opportunities and chase our dreams.
When it comes to starting your own business, pursuing a passion that you have always had aid in your success, the long hours of work and the many setbacks and financial difficulties that often occur at the beginning of a new venture could be lessened simply because you’re doing something you enjoy and cherish deeply.
However, it’s essential to be aware of precisely what you’re signing for, and remember that pursuing your goals will only take you to a certain point. Many elements of managing a company, especially when you’re just starting, are tedious, repetitive, and challenging. To overcome these obstacles, you will need total dedication, determination, and discipline.
2. Lots of Businesses Fail
You’re entitled to begin your business venture with confidence and enthusiasm. However, it’s worth knowing the numbers and dangers associated with business failures to prepare yourself for a variety of outcomes and protect yourself from the worst.
The Bureau of Labor Statistics estimates that 20% of small companies fail within a year, while 30% fail within two years, and 50% within percent in five years. At the end of 10 years, as high as 70% the new companies have been unsuccessful.
The figures are alarming. However, they also are reassuring that even if your venture doesn’t go well, you’ve not failed. Take every setback or failure as an opportunity for learning. Continue to believe in your capabilities, pick your head up, and attempt again.
3. Do Your Research
The idea for your business could be the result of a brief idea you had on a lazy Sunday afternoon, and that’s enough. However, once you’ve decided to take it to the next level, you must take the plunge and thorough conduct studies.
In the beginning, you’ll need to understand the ins and outs of the field you are interested in. What are the main developments and issues that are affecting this field? Which are your most formidable rivals? How do you distinguish between what’s successful working? Did someone else already do what you’re planning to do? And if so, so, can you improve it? What is the right time to start your own business?
It is also important to choose how to define and promote your business. What are the most important values and morals to which you’ll live, and how will they be displayed in everything you do?
Thirdly, you’ll have to determine your target group to customize the product and your marketing strategy to attract the correct people.
Becoming aware of these issues can help you create the right business strategy and ensure that you are on the right course as your business expands and develops.
4. Cash Is King
Every business requires cash flow. At the beginning of your venture, it’s crucial to monitor and record your finances carefully and be aware of your legal and tax obligations so that you don’t spend more than you’re able to be able to afford or greater than the amount you’re earning.
There are likely to be some interesting and important long-term strategies for your business, But you need to take things in a single step and make sure you don’t eat the more you’re capable of chewing. Consider where you could get some early wins and the tasks and responsibilities you could put upon yourself to reduce the cost of staffing.
Keep in mind that rapidly expanding your business, increasing the output, or launching a brand new product line does not mean the success you’ve had unless you’re earning money.
5. Be surrounded by good people
There are a lot of aspects of starting a new company that you can handle by yourself. However, a solid team can be the difference between success and failure for the business in its early stage. It’s about finding the right equilibrium.
Take your time thinking about the kind of people you would like around you and the most skills you require. Do not waste your time on an activity that someone else could complete faster and more efficiently. It is much better off outsourcing specific tasks to skilled workers, even on a part-time or contracted basis, allowing you to concentrate on areas you excel in.
When you’re hiring permanent team members, you’ll want employees who truly understand the driving force behind their work and the direction the company is going. It is essential to find competent employees, but you also need a team that shares your values and vision.
The final thing to consider is that receiving assistance and advice from those you have met before will help. Don’t be reluctant to talk to your family members or friends, family members, friends of friends, and former colleagues and managers with experience running an enterprise or in the field you are interested in.
6. Communicate Your Brand
When you begin to launch your company, you must have done thorough research to establish your long-term and short-term goals and your vision, values, and target market. It is essential to communicate these details to the public at the beginning to show the authenticity of your brand, increase awareness, and eventually increase your client base.
Make use of the many tools you have at your disposal. Make sure to regularly update your social media accounts, establish an online presence for your business, begin blogs, connect with your clients on review sites, and participate in pertinent networking activities. Brands that their customers respect has the role of an authority figure. Being active online is a great method to get customer feedback and constantly improve your service and product offerings.
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Hi, my name is Nebojša, and I've been involved in digital marketing for over 15 years. I've written for various websites, covering a wide range of topics. I'm particularly interested in subjects like technology, gaming, app development, and I also have a passion for automobiles. Additionally, I work on SEO optimization. In my free time, I enjoy reading, walking, traveling and spending time with my wife and daughter.

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Business
How to Cut Costs on Shipping to Amazon Warehouses – 2025 Update
Published
6 days agoon
June 16, 2025
Shipping products to Amazon FBA warehouses is a major expense for third-party sellers. Whether you’re shipping a single box via SPD (Small Parcel Delivery) or pallet loads through LTL/FTL (Less Than Truckload/Full Truckload), shipping costs can eat up 15% to 40% of your total margin if not carefully optimized.
In 2025, with higher fuel surcharges, regional delivery bottlenecks, and Amazon’s stricter FBA receiving policies, cutting shipping costs is no longer optional—it’s a necessity for profitability.
Checklist for Cutting Amazon FBA Shipping Costs
Action | Benefit |
Use Partnered Carriers | Save 30–70% on SPD/LTL rates |
Consolidate into LTL when possible | Reduce per-unit cost and handling fees |
Ship from prep centers near FCs | Shorten the last-mile distance |
Use standard box/pallet dimensions | Avoid oversized penalties |
Automate with FBA software tools | Reduce labor cost, avoid prep errors |
1. Choose the Right Shipping Method: SPD vs. LTL/FTL
Many sellers default to SPD because it’s familiar and easier to set up. But as your shipment volume grows, this method quickly becomes inefficient. If you’re sending multiple boxes regularly, switching to LTL or FTL can significantly lower your per-unit cost.
LTL is ideal for 1–4 pallets, while FTL becomes more economical once you’re shipping 20+ pallets. The larger and more frequent your shipments, the more you save through freight consolidation and pallet optimization.
Shipping Method | Best For | Typical Volume | Cost Efficiency |
SPD (Small Parcel) | Low-volume shipments (<150 lbs per box) | Under 10 boxes | Low to Moderate |
LTL (Less Than Truckload) | Medium-volume shipments | 1–4 pallets | High for consolidated loads |
FTL (Full Truckload) | Large shipments to one FC | 20+ pallets | Very high if volume allows |
Always run a side-by-side cost analysis between Amazon’s partnered LTL and SPD options for the same shipment. Even at lower volumes, LTL can beat SPD in cost-per-unit when handled correctly.
2. Optimize Box and Pallet Dimensions

Smartly stacked boxes and pallets in Amazon warehouses highlight how optimizing dimensions helps maximize space utilization
Dimensional weight pricing has become the standard for carriers, meaning your shipping bill depends as much on volume as on actual weight. Oversized packaging, under-filled boxes, or poorly stacked pallets all translate into wasted money.
Even minor changes to your box dimensions can cut down on shipping charges significantly. It’s especially important to standardize carton sizes across SKUs and ensure you’re getting the most efficient stackability when using LTL or FTL.
Packaging Type | Cost Impact | Optimization Tip |
Oversized Boxes | Higher per-unit cost + surcharges | Split items into smaller boxes |
Inconsistent Sizes | Inefficient pallet use | Use standard cartons |
Poor Pallet Stacking | May result in Amazon rejections | Follow Amazon’s FBA pallet guidelines |
A Freightos shipping case study found that by trimming box height by just 2 inches across 300 monthly units, one seller saved $420 in dimensional weight charges over 30 days.
3. Consolidate Shipments Strategically
Frequent small shipments often result in higher per-unit shipping costs, more carrier pickups, and a higher likelihood of fulfillment center delays. Consolidating multiple small shipments into a single, well-organized load saves on handling and often qualifies for better freight rates.
More importantly, Amazon prefers well-labeled, bulk deliveries over fragmented ones, which can
delay check-ins during peak seasons.
Scenario | Estimated Monthly Shipping Cost | With Consolidation |
4 SPD shipments × 10 boxes | $900 | $540 |
1 LTL pallet shipment (same qty) | — | $480 |
If you’re using a prep center or 3PL, schedule shipments biweekly or monthly instead of weekly. Many centers will hold goods for a few extra days to help you consolidate at no added cost.
4. Use a Prep Center Near Amazon FCs

A prep center near Amazon warehouses ensures faster and more accurate processing of shipments ready for dispatch
Shipping across the country adds avoidable costs, especially if your inventory is already located closer to Amazon’s main fulfillment hubs, according to Dollan Prep Center. Working with a prep center within a short distance of Amazon’s major FCs helps you reduce last-mile freight charges, shorten delivery windows, and reduce potential delays during appointment scheduling.
This also increases the chances of faster check-ins and fewer rescheduling penalties.
Top FC Regions | Benefits of Nearby Prep Centers |
Dallas/Fort Worth, TX | Central location, multiple nearby Amazon FCs |
Hebron, KY | Common FBA inbound point for East Coast sellers |
Moreno Valley, CA | Ideal for West Coast imports from Asia |
Allentown, PA | High Amazon FC density, fast East Coast distribution |
Relocating your prep and storage from the West Coast to Kentucky or Ohio can reduce per-pallet shipping costs by 20–30%, especially for sellers distributing nationwide.
5. Leverage Amazon’s Partnered Carrier Program
Amazon offers discounted rates through its partnered carrier program, which includes both UPS for SPD shipments and several freight providers for LTL and FTL loads. These discounts are only available if you create shipments directly through Seller Central and use Amazon’s pre-approved carriers.
In most cases, Amazon’s partnered rates beat outside quotes, even those from negotiated commercial accounts.
Service | Estimated Discount |
Partnered SPD (UPS) | 30%–50% |
Partnered LTL (XPO, CEVA, etc.) | 40%–70% |
While you must comply with Amazon’s strict packaging and labeling requirements to access these rates, the savings are substantial, l—especially for high-volume sellers or those regularly shipping to distant FCs.
6. Reduce Rejected Shipments with Better Labeling and Packing

Neatly stacked boxes in Amazon warehouses demonstrate strategies to reduce rejected shipments and improve delivery efficiency
FBA rejections are costly and often entirely avoidable. If your shipment arrives with incorrect labels, mixed SKUs, damaged boxes, or non-standard pallets, Amazon may either reject the shipment or charge you additional fees for correction.
These mistakes lead to delays, inventory miscounts, and wasted freight costs. Proper prep practices—including double-checking barcode placements and securely packing all cartons—go a long way in avoiding financial hits.
Mistake | Possible Charge |
Wrong label placement | $0.20–$0.30 per unit |
Unscannable barcode | $0.15–$0.40 per unit |
Rejected pallet | Full reshipment cost |
Based on Amazon seller reports, approximately 1 in 5 shipments that result in receiving delays are traced back to labeling or prep errors, ot transport problems.
7. Compare 3PL and Freight Forwarder Rates
Freight pricing varies widely depending on your route, volume, and carrier network. Many sellers overlook potential savings by sticking with default options like Amazon Partnered LTL when they could secure lower rates via third-party logistics (3PL) providers or freight brokers.
For international shipments, especially from Asia, consider FBA-friendly freight forwarders who understand Amazon labeling and delivery protocols.
Shipping Scenario | Amazon Partnered Rate | 3PL Broker Rate | Savings Potential |
3 pallets to California FC | $620 | $520 | ~$100 (16%) |
Full container from China | $2,400 | $1,800 | ~$600 (25%) |
Always confirm that your 3PL or freight broker can handle Amazon’s strict delivery appointments and ASN documentation. Mishandled deliveries can delay check-in by days or even weeks.
8. Use Software to Automate and Optimize Shipping
Managing logistics manually might work at a small scale, but as your operation grows, automation is critical. FBA-compatible software can help you generate labels, track freight costs, schedule restocks, and reduce prep errors.
Most tools also offer data dashboards that allow you to compare historical shipping costs and identify which products are the most expensive to move.
Tool | Functionality |
InventoryLab | Shipment creation, cost tracking, and label printing |
RestockPro | Restocking suggestions and forecasting |
ShipStation | Multi-carrier shipping rate comparisons |
Sellerboard | Profit analysis, including logistics cost modeling |
Automating shipment creation and integrating freight cost visibility into your inventory management can help reduce administrative time by 20–30% and prevent avoidable prep center errors.
9. Negotiate Better Terms with Your Prep or Freight Providers
Shipping costs are not always fixed. If you’re consistently sending volume to FBA, you have leverage. Many prep centers, LTL brokers, and freight forwarders offer volume discounts, flat fees per pallet, or reduced storage costs if you ask.
Review your past 3–6 months of shipping data, calculate your average pallet count, and initiate a negotiation with your vendors.
Tip: Sellers averaging 10+ pallets per month can often secure flat monthly pallet rates, discounted receiving, or free shrink-wrapping—terms that reduce your cost per unit long term.
10. Eliminate Dead Weight: Audit Unprofitable Shipments

A focus on eliminating dead weight in Amazon warehouses leads to lighter, more cost-effective shipments
Not every product is worth shipping. It’s easy to fall into the trap of sending every piece of inventory to FBA, regardless of sales velocity or margin. Always review your SKU profitability before creating a shipment.
If a product yields less than $5 net profit after shipping and FBA fees, it may not be worth warehousing, especially if it ties up cash flow or increases long-term storage fees.
Sellers who regularly audit their shipping loads and purge underperforming inventory can reduce overall FBA shipping costs by 15–25%, according to Helium 10 seller data from Q4 2024.
Conclusion
Shipping costs are one of the easiest areas to improve once you understand the variables that impact pricing, from carton sizes to shipping method selection, from software automation to vendor negotiation.
In 2025, sellers who optimize these components can see thousands in annual savings and increase their margins without selling a single extra unit. Whether you’re operating at 500 units per month or 50,000, controlling your logistics pipeline will separate your business from competitors who let costs run unchecked.
Business
Post-Purchase Customer Experience – Why It’s the Key to Retention and Loyalty
Published
5 months agoon
February 6, 2025
In today’s fiercely competitive marketplace, securing a sale is just the beginning of the customer journey, not the end. Post-purchase customer experience has emerged as a pivotal aspect of not only retaining clients but also building unwavering loyalty.
Once the transaction is completed, a new chapter unfolds—one that can either transform a one-time buyer into a lifelong advocate or reduce them to just another statistic in the sea of disengaged consumers. Every interaction a customer has after the purchase, from personalized follow-ups to seamless customer support, plays a crucial role in shaping their perception of your brand.
As the dust settles on their initial decision to buy, it’s the ongoing experiences that will ultimately determine whether they return for more or drift away into the clutches of competitors. Understanding and optimizing this journey is not merely an option anymore; it’s a necessity for businesses striving to cultivate lasting relationships in a world where choices abound.
The Path to Loyalty: How Post-Purchase Experience Shapes Customer Relationships

Source: reverselogix.com
The journey to fostering customer loyalty begins long after the initial purchase is made; it is intricately woven into the fabric of the post-purchase experience. Picture this: a customer who eagerly anticipates their delivery, receiving a thoughtful follow-up email that not only confirms shipment but also includes tips for maximizing the product’s use—this simple gesture cultivates a sense of connection.
Afterward, a timely survey asking for feedback demonstrates that their voice matters, transforming a transactional relationship into a dialogue. Each element, from personalized recommendations based on their purchase history to dedicated customer support, deepens trust and enhances the emotional bond.
In this ever-competitive landscape, understanding that retention hinges not on the initial sale, but on the entire journey afterwards, can unlock the secret to creating lifelong advocates for your brand.
Beyond the Sale: The Critical Role of Aftercare in Customer Retention

Source: globalresponse.com
In the whirlwind of commerce, where transactions often take center stage, one critical aspect frequently slips through the cracks: aftercare. This pivotal phase begins the moment a customer clicks “confirm” on their order, extending well beyond the point of sale.
It’s not merely a follow-up; it’s a commitment to nurturing the relationship, a chance to reinforce the connection established during their buying journey. Think of aftercare as the secret sauce of customer loyalty—personalized messages, helpful tips, and timely support can transform an ordinary experience into an extraordinary one.
Customers who feel valued and supported are more likely to return, not just for the products they cherish but for the community and service that accompany them. In a landscape flooded with choices, businesses that prioritize aftercare don’t just sell products; they cultivate loyalty, turning one-time buyers into lifelong advocates.
Conclusion

Source: youngurbanproject.com
In conclusion, the post-purchase customer experience is a critical pillar in fostering retention and loyalty among consumers. By understanding and enhancing this stage of the customer journey, businesses can build lasting relationships that go beyond a single transaction.
Effective post-purchase marketing not only reinforces the value of the initial purchase but also encourages repeat business through personalized communication and ongoing engagement. As companies strive to differentiate themselves in a competitive landscape, prioritizing the post-purchase experience will prove essential in transforming customers into brand advocates, ultimately driving sustainable growth and long-term success.
Business
From Trader to Business Owner – How to Build Your Own Trading Firm
Published
6 months agoon
January 3, 2025
Transitioning from a trader to a business owner is a thrilling journey, a leap from the exhilarating chaos of the markets into the strategic realm of entrepreneurship. Many traders, fueled by their passion for the financial world, dream of establishing their trading firm—a bold move that promises both independence and potential prosperity.
Yet, this path is strewn with challenges, requiring not just deep market knowledge but also formidable skills in management, finance, and strategic planning. How do you go from analyzing charts and executing trades to overseeing a team of traders and making critical business decisions? In this article, we’ll explore the multifaceted process of building your trading firm, offering insights on everything from legal considerations to cultivating a strong company culture.
Prepare to navigate the nuances of this transition—where the fierce nature of trading meets the intricate art of business ownership. Your journey begins now.
Identifying Your Niche in the Trading Market

Source: udemy.com
Identifying your niche in the trading market is an essential first step on your journey from trader to business owner. Start by reflecting on what truly captivates you—whether it’s forex, stocks, options, or commodities—and the unique strategies you’ve developed through experience.
Tools like depth of market software can play a pivotal role during this process, offering detailed insights into market trends and liquidity levels, which can help you pinpoint areas of opportunity. Dive deep into market trends, analyzing which segments show potential for growth and profitability, while also considering the competition.
Don’t shy away from experimenting; this phase often involves trial and error, as you test different trading styles against varying market conditions. Additionally, leverage your existing knowledge to carve out a specialized area, perhaps focusing on a demographic or asset class that isn’t saturated.
Ultimately, the key lies in blending your passion with market demands, creating a distinctive offering that speaks to both your interests and the needs of prospective clients.
Creating a Business Plan for Your Trading Firm

Source: www.getwork.co.uk
Creating a business plan for your trading firm is not merely a formality; it’s the foundation upon which your entrepreneurial dreams will stand. Begin by defining your vision—what kind of trading strategies will you employ? Will you focus on equity markets, forex, or perhaps cryptocurrencies? This clarity will inform every aspect of your plan, from your target market to your operational framework. Next, conduct a thorough market analysis to identify your competitors and potential clients, ensuring your unique selling proposition shines brightly amidst the noise.
Financial projections are crucial; outline your startup costs, expected revenues, and break-even analysis to illustrate the viability of your venture. Don’t forget to address risk management—how will you safeguard your capital against market volatility? Each section of your plan should weave together, showcasing not only your ambitions but also a pragmatic approach to navigating the complexities of the trading landscape.
This document is your blueprint for success; invest the time to make it comprehensive and compelling.
Legal Considerations for Starting a Trading Firm

Source: luxalgo.com
Establishing a trading firm entails navigating a labyrinth of legal considerations, intricately woven into the fabric of financial regulations. Aspiring business owners must first determine the appropriate business structure—whether a sole proprietorship, partnership, or corporation—each carrying its legal ramifications and tax obligations.
Securing the necessary licenses and permits is paramount; depending on your trading strategies and the markets you operate in, you may need to register with regulatory bodies like the SEC or FINRA. Additionally, compliance with anti-money laundering laws and data protection regulations will shape operational protocols, safeguarding both your firm and clientele. As you forge ahead, consulting with legal professionals proficient in financial regulations is not just wise—it’s essential, ensuring that your firm not only thrives but does so within the bounds of the law, avoiding the perilous pitfalls that could threaten your entrepreneurial dreams.
Conclusion
In conclusion, transitioning from a trader to a business owner by establishing your trading firm is an exciting yet challenging journey that requires careful planning, strategic decision-making, and an adept understanding of market dynamics. By leveraging essential resources, including cutting-edge tools like depth-of-market software, you can enhance your trading strategies and gain valuable insights into market trends.
Building a successful trading firm involves not only honing your trading skills but also developing a solid business framework, fostering a collaborative environment, and staying agile in a rapidly evolving marketplace. With the right approach and commitment to continuous learning, the path from trader to business owner can lead to remarkable growth and fulfillment in the world of finance.

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