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Payments and Collections

6 Best Practices in Billings and Collections

| TaxConnections

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…

Innovative Mobile Payment Solutions are on the Rise

| SmallBizClub

Back in 1997, the first mobile payment option was introduced for two Coca-Cola vending machines in Finland. They allowed you to pay by texting, and so the world of mobile commerce was born. Since then,…

How to Protect Your Business from Credit Card Fraud

| SmallBizClub

Credit card fraud is a form of identity theft wherein an individual uses another person’s credit card information to charge purchases, or to withdraw funds from the account. Credit card fraud may also involve the…

7 Financial Facts Every Entrepreneur Should Know

| Tim Berry

You don’t have to be CPA or MBA to start or run a business. You don’t have to understand debits and credits, or be able to balance your books. But there are some financial facts…

do-you-make-receivables-harder-to-collect-

Do You Make Receivables Harder to Collect?

| SmallBizClub
I frequently see situations where our clients make it harder to collect their receivables. Here are six of the more common issues.

How to Collect Your Overdue Debts

| Susan Solovic
You didn’t start your small business to be a bill collector, so none of this is anything you want to do. However, sometimes it becomes necessary. Don’t shrink from your financial responsibility to your business.

Is It Still Hip to Be Square?

| SmallBizClub
Five years ago, Twitter’s Jack Dorsey founded Square, Inc. An innovative startup, Square offered portable card payment processing for small businesses during a time in which card acceptance was becoming increasingly vital to business success.

4 Money Management Tips for Small Businesses

| SmallBizClub
Managing a small business within itself is a hard task, but add financial responsibilities into the mix and it’s a whole other beast. Money management is one of the areas that most businesses struggle with the most.

Improve Your Customer Service to Prevent Chargebacks

| SmallBizClub
A smart merchant will accept a chargeback as what it is: a learning opportunity. It is a chance to evaluate and enhance your customer service.

Virtual Currencies: The Future of Payments

| SmallBizClub
When was the last time you had cash in your wallet? If you’re like most people, the answer is you can’t even remember having more than a negligible amount in there at any given time.

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