Include Mobile Payments in Your Marketing Strategy
Though incorporating mobile payments into your business model can help you lower costs associated with point-of-sale hardware and improve operational efficiency, they also provide a wealth of marketing opportunities you can leverage to position your…
Avoid These Top 5 Financial Problems in Your Small Business
Managing a small business isn’t easy, and the single largest contributor to business failure is financial mismanagement. Making smart financial decisions and being consistent can make a world of difference to your business success. 1….
6 Crucial Steps to Take Before You Seek Investors for Your Business
Investor support is one of the most pivotal aspects for small businesses. When you are looking to make it big as an entrepreneur your saved capital is not enough, and you will need help from…
Couponing for Greater Profits
Sometimes, customers need that little extra incentive to come calling at your small business. Consider the coupon. Long viewed as the housewives’ shopping companion (Grandma loved it when the 7-cents-off creamed corn hit the paper!),…
How to Choose a Mobile Payment Provider
By 2017, the worldwide mobile payments volume is expected to grow to $721.4 billion, according to Statista. Currently, 87 percent of American adults own or have regular access to a mobile phone. As mobile payments…
What Matters Most to Venture Capitalists
Make no mistake—pitching your startup to investors is tough. You may think your company is the next big thing, but so do a lot of other founders. And just like you, they’re keen to get…
Special Tax Concerns for Cash Businesses
Many small businesses do some or all of their transactions in cash. This raises some special issues and concerns. Technically, being paid in cash doesn’t make a difference in terms of income taxes; cash transactions…
Raise Money on Good News
The first rule for raising money is to do it on good news—right when sales are increasing at an increasing rate. Or when a major customer signs a significant deal. Or when something happens that makes an…
Think Like a Banker and Get the Loan
Jim Blasingame is a small business owner’s best advocate. Jim and I caught up last week and these are the three small business tips every business owner should know, but doesn’t. Apply for a Loan…
6 Best Practices in Billings and Collections
One area where most small-business owners can improve their cash flow is in billings and collections. A thorough credit check before you offer payment terms is not enough. Here are six best practices that can…
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