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
7 Steps To Start A Dropshipping Business Successfully
Dropshipping is the process of moving goods from the manufacturer directly to a customer without going through any of the usual distribution channels. Similar to a reseller business, a dropshipping
How The Kentucky Derby Makes A Business Impact Each Year
The Kentucky Derby is the pinnacle event in horse racing. More than 160,000 people from around the world make their way to Kentucky on the first Saturday in May each
7 Free Marketing Strategies For Small And Medium Enterprises
Small and medium enterprises, also known as SMEs or SMBs, are businesses and organizations whose personnel numbers and profits fall below certain limits. For many SMEs, marketing and exposure can
7 Steps To Write A Sales Representative Agreement For Legal Protection
A sales representative agreement is a legal contract that outlines specific requirements regarding the relationship between a sales representative and a company. If your business engages sales reps, you will
8 Workplace Accessories That Boost Productivity And Focus
When you’re running your own business or enterprise – productivity is important. Every moment is precious and the more productive you are when you’re sitting down and working, the more
Why IoT Analytics Are Important For All Brands Of The World
The Internet of Things, or IoT, is the interconnection and networking of physical devices and everyday objects. To many consumers, the Internet of Things seems like a fun and futuristic
How To Identify Direct vs Indirect Competition To Improve Business Profits
Completing a competitive analysis is an important part of running any business. Before you can set yourself apart with personal branding, you must first identify others in the market. There
How To Build A Mobile App With No Tech Background Or Coding Skills
Apps have become a hot business opportunity over the past few years. With everything from silly games to complex software, app stores feature endless opportunity. However, building an app from
Cut Health Insurance For Small Business Costs With Proactive Planning
Health insurance can be a key tool in recruiting and retaining employees for small businesses. However, providing health insurance for your workers can be costly, and strategic cost cutting is
Questions To Ask Before Business Becomes A Publicly Traded Company
A publicly traded company is one whose ownership is dispersed among the general public. The ownership takes place in the form of freely traded shares and stocks. Taking your business
Best Franchise Opportunities For Entrepreneurs In Any Business Industry
Franchising is an incredibly popular option for entrepreneurs looking to start their own businesses. Rather than having to come up with your own business idea and plan, figuring things out
How Small Business Revolution Gained Momentum From Ecommerce
Over the past few years, eCommerce has led to a small business revolution. Ecommerce is the process of commercial transactions taking place over the internet. Large corporations with their own
7 Crucial Retail Investor Strategies For Stock Market Success
A retail investor, also known as an “individual” or “small” investor, is someone who buys and sells securities for their personal account. They traditionally deal in smaller amounts than investment