5 Strategies To Lower Processing Fees When Taking Credit Card Payments
There are several strategies to lower processing fees when taking credit card payments over the phone. In a small business, credit card processing fees may not seem like a huge costly concern. However, as a finance professional, you know those percentages that processors take on every transaction can add up quickly over time. When you combine transaction fees with assessment, authorization, and other monthly costs, credit card processing bills can soar. Unfortunately, these costs are unavoidable. Nevertheless, there are many ways
5 Features Of Best Free Project Management Software For Small Business
There are several features of the best free project management (PM) software for small business. Studies show that communication and accountability are employees’ biggest obstacles in the workplace. Many teams face difficulties managing multiple projects simultaneously, delegating tasks, and collaborating across different departments. Furthermore, inefficiency in your small business’s current project management system can lead to missed deadlines and employee stress. It can also keep you from meeting your annual goals, leading to major losses. Fortunately, there are many free project
A Guide To The Costs Of Health Insurance For Petcare
Many of us love our pets, and if they were our own children, we would go to any length to protect them for their health and well-being. So for most pet owners, the level of comfort, wellbeing, and overall longevity of their pet’s life is really important. Household pets are not human, but they are an important part of the family unit, just as our other family members are. So for pet lovers, it is simply normal that when their pets
How A Coffee Maker For Office Boosts Employee Productivity And Performance
There are several ways that a coffee maker for office can boost employee productivity. Research studies suggest that offering coffee in the workplace can significantly increase employees’ work ethic. As a small business manager, consider how an office coffee maker can impact employee performance. Many employees drink coffee to start off their day, as part of daily routine, for taste, or for the extra energy caffeine provides. Regardless of the reason that employees drink a cup of joe, adding a coffee
5 Features A Venmo Merchant Account Can Offer Your Online Business
There are several features that a Venmo merchant account can offer your online business. The Venmo app has recently increased payment flexibility for person-to-person transactions. Now, with merchant accounts it can be used for online business-to-consumer transactions as well. As an online business owner, you know that this flexibility can offer you many opportunities for financial growth. With iOS and Android compatibility, consumers can directly connect their virtual wallet to your mobile website or app. With a Venmo merchant account equipped,
Are You Practicing Constructive Problem-Solving In Your Organization?
Being a leader isn’t just about delegating work and managing teams. Strong leadership comes from the cultivation of important soft skills for workplace success. One of the most important is a strong ability to solve problems constructively. Constructive problem-solving is the antithesis of absolutes and ultimatums. It’s about finding a positive outcome from a negative situation, and realizing opportunities for betterment instead of just seeking out a resolution. Leaders who can solve problems constructively create broad benefits for themselves, their subordinates
5 Services Large Financial Planning Firms Can Offer Your Business
Large financial planning firms offer several facilitating services to improve money management within your company. As a financial executive, you understand the importance of high quality advising. Once chosen, a large financial planning firm is essential for fiduciary advising plans to help your business save money, get credit, and advance your company’s financial status. When selecting an established large financial advisory firm, there are several state of the art services to keep in mind. Read on to learn about the services
5 Reasons Your CFO Training May Need An Overhaul
Human resource professionals know that the employee onboarding process typically starts with onboarding and continues throughout the employee’s tenure. It can involve education about the company in a general sense or be as granular as grooming someone for a specific function. Seasoned HR professionals have an arsenal of programs in place to address all of these events. However, keeping up with changing roles and responsibilities can wreak havoc on existing programs. The chief financial officer’s role, for example, has significantly changed
Do College Students Need More Information On Student Loan Debt?
Student loan debt is something most young adults who went to college have to budget into their daily life. With total U.S. school loan debt above $1.7 trillion, it’s no surprise people are sometimes opting not to buy homes or new cars. But are students spending the money they borrowed strictly on college-related expenses? In a new study, CollegeFinance.com asked 1,048 college graduates to break down their true disbursements of money borrowed, their biggest wastes, and even the financial repercussions of
How To Help Employees Navigate LLC Health Insurance
There are several steps to help employees successfully navigate LLC health insurance. Health insurance plans and packages are an incredibly complex and challenging process. Before employees decide on a plan, there are several considerations to keep in mind. Understanding the positive and negative aspects of different types of plans will help you guide your employees through the process of choosing health insurance. There are several LLC online guides to help you and your employees appropriately navigate health insurance plan administration. Read
5 Ways MBA Operations Management Impacts Your Supply Chain
There are many ways that an MBA operations management impacts your company’s supply chain. Operations management covers many of the core functions that impact a company’s supply chain. From sourcing materials to order fulfillment, these concepts can change how goods travel to the end consumer. As an operations manager, you know that manufacturing and logistics impacts almost every industry including healthcare industry, education, and retailers. With an MBA operations management, you can implement strategies to improve the efficiency of your supply
4 Ways To Make Employees Aware Of Their Rights And Privileges
Your employees play a crucial role in the growth and success of your organization. Aside from the benefits that the company provides, your staff is also protected by federal and state-mandated labor laws. As an employer, your role does not end by merely complying with these laws and regulations. It is also your role to make employees aware of their rights and privileges in the workplace. Why Awareness of Privileges And Rights Is Important The law mandates all employers to follow
How Warehouse Software For Small Business Improves Inventory Management
There are several tools that warehouse software for small business uses to improve inventory management. A warehouse management system is a software solution that optimizes inventory record-keeping and retrieval of products. As a small business owner, you understand how efficient warehouse operations maximize revenue for your company. Some small business owners have the misconception that warehouse software is only cost-effective for larger businesses. On the other hand, warehouse software for small businesses can increase growth by organizing inventory data. Read on
Who Is The Most Important Customer For Small Business Success?
Today, many companies ask is who is the most important customer for small business success? Regardless of a company’s industry or service niche, the customer is the most important part
5 Business Expenses To Keep Your Operating Budget In Line
As a business owner, you have probably heard of the saying, “You must spend money to earn money.” It’s common sense since you need to invest to generate profits. However,
5 Common Scams In Small Business Fraud Reporting
There are several common scams in small business reporting. Modern fraud scams impact small startup businesses, nonprofit organizations, and large corporate entities every year. When scammers attack successful companies, it
How To Create An LLC Partnership For Your Small Business In NJ
There are various steps to create an LLC partnership for your small business in NJ. Companies in a partnership share business control and responsibility with two or more individuals. In
How to Recover After a Personal Injury In The Workplace
The aftermath of an accident is almost unbearable for most people. After all, there is no shortcut to attaining full recovery. The journey to recovery after an accident is full
5 Steps To Start A Profitable Transportation Business
There are several steps to start a profitable transportation business. The transportation industry is one of the largest sectors in the world. While many of these businesses are enterprises, transportation
What To Know Before Buying Tradelines For Business Credit
There is plenty to know before buying tradelines for business credit. To buy or rent a tradeline, businesses pay third-party companies to become authorized users on their credit accounts. Companies
4 Steps To Turn Your Idea Into A Profitable Business Venture
Imagine you’ve got a billion-dollar idea. It’s the idea that the world never had but needs now. This idea is so complex and intricate that it’s almost art. At the
5 Dangerous Small Business Loan Scams To Look Out For This Year
There are several dangerous small business scams to look out for this year. Scams in the form of phone calls, business emails, and checks are becoming fairly common amongst malicious
How Executive Leadership Coaching Training Achieves Company Goals
There are several ways executive leadership coaching training achieves company goals. Professional executive leadership coaching helps all personnel within an organization, regardless of their rank. In fact, this training could
What To Know About Litigation Funding For Business
Litigation financing or settlement funding refers to the process involved in allowing litigants to finance their legal costs using a third part company. The process involves providing money that defendants
How To Accurately Manage Payroll For Independent Contractors
There are several steps to accurately manage payroll for independent contractors. Independent contractors are often paid differently than traditional full or part-time employees. In fact, companies frequently have to pay
How To Start Marketing Products For Small Business Online
There are several steps to start marketing products for small business online. According to the U.S. Small Business Administration, marketing professionals should create a connection between their company and customers