Business Finance

Customer satisfaction pays

If you’re in business, you’re in sales. And as anyone who’s ever gone through sales training will affirm, selling is inextricably linked to Customer Satisfaction. This intuitive universal truth is supported statistically, in study after study. And it applies to small businesses as well as large multinationals—in both the retail and the B2B space. As […]

Read more

Getting financing with so-so credit

It’s a conundrum faced by most aspiring small business owners and many established ones in growth mode: How to secure the financing you need, at terms you can live with, if your credit is only so-so? Or less than so-so? Options abound, even after excluding the most humiliating ones like asking your longlost rich uncle. The best […]

Read more

Bootstrapping: How to tap existing funding potential

Picking yourself up by your bootstraps doesn’t just refer to recovering after a disaster. It also means pushing hard, every day, to make the most of your company’s potential. It means never allowing your business to coast—you’re always pushing forward! After you’ve done your homework and received initial funding, the serious work of a small […]

Read more

Business Finance Concerns: How to Get Paid Faster

Approximately 60 percent of small businesses will fail as a result of cash flow issues. Much of this problem is a direct result of payments either made late, or not at all. Billing can be a real nuisance for many small businesses who count on invoices being paid on time and in full to continue profitable operations. […]

Read more

How Does Merchant Processing Work?

Most of us know that merchant processing has something to do with running and accepting credit card payments, but what does the process really entail? THE BASICS The first thing to understand is that for every credit card transaction, there are essentially four separate entities involved. The first two groups are obvious: you have the […]

Read more

How to Choose a Merchant Processing Partner

You’ve heard the horror stories—the car dealership down the road that got stuck with the faulty terminal and a six year, no-outs contract, or the furniture dealer that’s consistently paid more per month in fees than they were originally told they’d have to—but you know that not accepting credit cards just isn’t a viable option […]

Read more

5 Myths of Small Business Loans

Need a business loan? If you’re already setting up camp outside your neighborhood bank and losing sleep over your credit score, it may be time for a reality check on what is—and isn’t—involved in the modern-day process of applying for a business loan. Before you waste any more time, make sure you aren’t falling for […]

Read more

11 Things to Do Before Applying for a Loan

Whether you’re a first-time applicant or a seasoned vet, the prospect of applying for a loan can be daunting. However, adequate preparation can make the process a far easier one. Here are eleven suggestions for things to do before you visit the bank or apply for a loan: 1. DEFINE YOUR REASONING Why does your […]

Read more

How to Effectively Capacity Plan for your Business

Have you ever looked around your business and found that you have way too much of an item that isn’t selling? Or maybe you spent hours preparing, creating, and filling the shelves only to overlook one key component at the last minute? These are challenges are often created by ineffective capacity planning. Think of it […]

Read more

Should I Lease or Purchase Equipment for My Business?

Are you in need of some new equipment for your business but don’t know what the most cost effective option is? Have you thought about the differences between leasing and purchasing? With many different pros and cons, it can be hard to chose. Below are some things to consider before you make a decision. With […]

Read more