Payment Systems You Can Use at Your Retail Store

Starting, running, and growing a small business can be an exciting adventure, but the sheer variety of choices you must make can sometimes feel overwhelming. One crucial decision you’ll need to make is which payment systems to employ in your retail store. With the rapid advancement of technology, there’s no shortage of options to choose…

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4 Ways You Can Enhance Your Procure-to-Pay Process

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For business owners, the procure-to-pay (P2P) process plays a crucial role in ensuring smooth and efficient operations. From sourcing and procurement to invoice processing and payment, this end-to-end process is vital for organizations to effectively manage their supply chain and control costs. Pexels The P2P process involves multiple steps, starting with identifying the need for…

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Getting Payments From Social Platforms: Pros and Cons

Staple everyday sites such as Facebook, YouTube and Instagram have evolved significantly bringing with them a plethora of ideas, information, concepts and advertisements. The modern practical applications of social media have brought people closer together, and enabled businesses to promote their products and services on a global stage. One other significant social media development that…

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7 Common Types of Checks: What They Are and How to Spot Them

While there are many different types of checks, seven are the most common. These include personal checks, official checks, tax refund checks, cashier’s checks, insurance checks, commercial checks, certified checks, money orders, and traveler’s checks. Each type of check has its unique purposes and features. In this post, we’ll run through seven different types of…

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4 Reasons Your Small Business Needs a Payment Gateway

Photo Courtesy of Pixabay.com In the modern digital age, fewer people choose to carry cash to make purchases. Over half of consumers claim to only carry cash about half the time and they rarely have over $50 in their wallets. Most people rely on credit or debit cards to make purchases. As a business owner,…

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Consider These 3 Finance Issues for 2021

Source: Pixabay There is no denying that it has been a tough year for many people, with the business world, in particular, having to deal with a multitude of issues. However, now that 2020 is drawing to a close, some small business owners may already have one eye on what they hope to achieve in…

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Why Do You Need to Improve Your Cash Flow?

Small business owners face a ton of obstacles while growing their business. Starter capital, business planning, marketing, and stress are just a handful of these problems for entrepreneurs. Possibly the biggest hurdle in owning your own business is managing your cash flow. 82% of failed businesses cite cash flow as a reason, so it is…

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Going to Collections: A Big Step with Big Benefits

When working with customers, we want to do everything possible to maintain positive relationships and provide quality customer service, whether that means creating personal connections, responding promptly to inquiries, or using data to determine how to best meet their needs. Unfortunately, sometimes our efforts to work well with customers don’t always yield the desired results,…

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How to Find the Best Point of Sale Systems in 2019

It can be overwhelming to research and choose the right point of sale system for your company. With so many different point of sale systems available, it’s not easy to know which one is ideal for your business. But, making the right choice can save your business a lot of time and money. Keep reading…

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Get Ready for These Financial Trends of the Future

As a small business owner in the e-commerce or brick-and-mortar retail sector, a substantial part of your success will depend on your ability to assimilate industry trends and adapt to changes in the market. To understand why you should stay on top of financial and market trends, consider the diametrically opposed fates of Sears and…

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