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
How To Use Bubble Wrap In Bulk Shipping Quantities
eCommerce has redefined how we do business. In the past 10 years, we have seen shipping costs drop as companies use Magento enterprise and shipping to fulfill orders. On top
Best Teaching Methodology Managers Use To Grab Attention
Everyone learns differently. Whether at the workplace, in a conference or professional course, business requires constant learning. Often times, it’s the role of managers to educate and teach their teams.
How To Create Business Slogans Customers Will Remember Forever
If you are just hitting the ground running on your new business idea, you are going to need some help along the way. One of the most important things to
5 Ways Urban Planning Software Can Help Business Boom
Urban planning software simplifies the job for any city planning. However, there are also some additional benefits to the use of these software solutions that may benefit all business owners.
5 Workplace Safety Tips That Every Business Should Know
Safety is a factor that should definitely be a priority in the workplace. The safer employees feel in a work environment, the more productive they become. Creating a safe environment
Lessons Bargaining For Advantage Reveals On Business Negotiation
Written by Professor G. Richard Shell, Bargaining for Advantage: Negotiation Strategies for Reasonable People is a top selling negotiation book. As a professor at Wharton School of Business, the book
Why Hiring Growth Hackers Helps Startups Reach Growth Goals Sooner
There are many articles available online that talk about the ever-growing presence of growth hackers in business. However, many of those articles are targeted at the growth hackers themselves, not
Could Invoice Finance Save Your Business?
Invoice finance is a useful tool used by a number of businesses in the modern age. It involves selling your customer invoices to a third party (the factor) for a
Try A Recurring Revenue Model To Generate Consistent Cash Flow
Most businesses struggle to stabilize their cash flow. Their are many accounting, managerial and strategic benefits to having consistent revenues. As you can guess, a recurring revenue model is one
Top Business Strategies That Work To Out-Grow Competitors
In management, business strategies are the key component to meeting long-term objectives. They allow managers to dictate the direction of the business. However, strategy and execution don’t always align. To
Dealing With Debt For Business Owners Thinking About Bankruptcy
If you are a business owner in debt, you are not alone. According to CNBC, US households have over $16,000 in credit-card debt alone because many rely on credit cards
Major Employment Law Basics For HR, Social Media And Production
Business law requires a constant update on what are the rules and regulations of your industry. More specifically, employment law has a major impact on a business. Every business owner
5 Simple Joint Accounts To Open In A Business Partnership
Joint accounts allow two or more people to own a bank account. Typically, joint accounts can be traditional bank accounts by definition, virtual bank accounts or digital bank accounts too.