Considering accepting credit cards using your mobile phone. For many small business owners processing credit cards can represent an exciting and potentially lucrative opportunity. Here are a list of the top mobile processing options available on the market today.
Merchants of all shapes and sizes incur them. As a side effect of doing business it’s hard not to at least part of the time. But what exactly are chargebacks, what do they mean to your business, and how can you avoid them, or at least limit their ability to negatively affect your day-to-day operations.
It might not technically be summer yet, but it’s here nonetheless. And It doesn’t have to pass your business by the wayside. In the midst of a down economy there are a number of ways to beat the heat, and skip your wallet, while searching for an expanded customer base. Here are our top three ways to reach out to [...]
Marketing continues to be a mystery . . . to those who create it and to those who sponsor it. Often, the ad that generates record-breaking volume for a retail store one month is repeated the following month and bombs. A campaign designed by the best Madison Avenue ad agency may elicit a mediocre response. The same item sells like [...]
All small businesses must staff their operations. This involves bringing new people into the business and making sure they are productive additions to the enterprise. Effective human resource management matches and develops the abilities of job candidates and employees with the needs of the firm. A responsive personnel system will assist you in this process and is a key ingredient [...]
Small business is big business: it account for more than half of the private work force in the country and more than half of all sales. Small business also has the highest potential for growth of any sector of our economy, creating roughly 60 percent of all new jobs. To fund that growth, small businesses need access to capital in [...]
As with any business, the first step in determining whether or not to enter into the venture is to assess your reasons for going into business. If you feel you need a change, or you’re tired of having other people tell you what to do, then you should reassessyour decision before investing your time, money and energy because operating a [...]
An expanding business offers the potential for numerous growth opportunities. Employees benefit from business growth through increased earnings and promotions. Customers benefit from expanded products and services. Owners benefit through increased profit potential. Society benefits through the new jobs created. Managing this growth, although rewarding, can challenge your skills and financial resources.
Many people dream of starting and managing their own business. Some actually do start a business and achieve their dream; others keep on dreaming. Why is this so? What separates the successful entrepreneur from the unsuccessful? In many cases, it seems to be whether the prospective business owner has access to sufficient funds to turn the dream into reality. You’ve [...]
Small businesses often fail because owners are unaware of the many elements that can prevent the business from growing and being successful. Often, small businesses are organized around the manager’s specific area of expertise, such as marketing, accounting or production. This specialized expertise often prevents the business owner from recognizing problems that may arise in other parts of the business.