Around 2010, a mysterious programmer (or group of programmers) known only by the pseudonym “Satoshi Nakamoto” invented what is now known as “Bitcoin.” This virtual currency exists on a technology platform called the blockchain, which is essentially a system that allows for files and data to exist without threat of copy or counterfeit to them. […]
Payments and Collections
4 Surefire Tips to Get Clients to Pay Faster
You finish the job and send your client the invoice. And then you wait for your payment. And then you wait some more. You silently wonder if you should contact your client, but you know that they will pay – eventually. Sound familiar? We’ve all been there. The problem is that not getting your pay […]
Don’t Ignore This 12-Step Program to Good Credit Management
Cash flow is the life blood of all businesses and having too much working capital tied up in late and non-paying customers can spell disaster for a new small business. According to a U.S. bank survey, the majority of small businesses fail within the first five years, and roughly 82% fail because of poor cash […]
4 Reliable Methods to Receive Payments from International Clients
It’s no good when you end up losing a customer because you don’t offer a suitable payment method. Instances of people paying exorbitant fees and getting unfavorable exchange rates add to many woes, as well. If you run a business that deals with international customers or you’re a freelancer with international clients, using the right […]
Best Credit Card Processing for Your Small Business in 2017
Businesses that only accept cash tend to miss out on many sales opportunities. Choosing to accept credit cards at your small business is an important decision you should make, as it will help you bring in more revenue in the long run. As for finding the right credit card processer, that tends to be the […]
How to Protect Your Online Business from Chargebacks
By Blair Thomas 8/31 For many merchants, the internet presents a myriad of opportunities. An online enterprise is not only easy to set up, but it also enjoys a much broader reach of potential customers than the traditional brick-and-mortar layout. That said, the e-commerce scene is riddled with unique risks, through which a business owner […]
Cryptocurrencies and Their Effect on Future Startups
“Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others, and confused the heck out of the rest of us.” (Thomas Carper, US-Senator) The market capitalization for the approximately 800 existing cryptocurrencies has recently exceeded 100 billion. The Central Banks of Germany and China have been exploring the possibility […]
Invoice Upgrades That Will Help You Get Paid on Time
As a small business owner, cash flow is often tight and you need to get paid on time. But, unfortunately, late payments are an all-too-common pain point, throwing a wrench in overall business operations. While it’s your customer’s responsibility to pay you within the agreed-upon timeframe, if you’re experiencing late payments on a consistent basis, […]
7 Things to Consider When Evaluating AP Automation Solutions
So, you are ready to evaluate accounts payable solutions and decide the right fit for your business. It is you who has to determine the best solution for your organization. Doing your homework will mitigate the risk of the software not living up to your expectations. How do you decide which solution is the best […]
How Accepting Bitcoin Can Help Your Business
While you may have heard about Bitcoin, you may not realize that this alternative form of payment could benefit your business. In first describing how this cryptocurrency works for payments, it’s very easy to get started with an account and integrate it into your accepted forms of payment. Bitcoin walks you through the very short […]
