Category: Running a Business

The Benefits of Merchant Processing for Dietary Supplement Companies

The Benefits of Merchant Processing for Dietary Supplement Companies

As a dietary supplement company, accepting a variety of payment methods is crucial for success. From secure payment gateways to advanced fraud detection tools, merchant processing can streamline payment transactions, expand your customer base, and reduce fraud and chargebacks. In this article, we’ll explore the many benefits of merchant processing for dietary supplement companies and how it can help take your business to the next level. Understanding Merchant Processing for Dietary Supplement Companies Before delving into the benefits of merchant… Read More
Financial Advisors Can Help You Understand Business Loans

Financial Advisors Can Help You Understand Business Loans

Many small business owners and entrepreneurs don’t have a financial background and aren’t quite sure the best way to manage their business finances. That’s where a financial advisor comes in. A financial advisor can offer advice that puts you in control of your small business’s finances. Also, getting financial advisor help with business loans before you apply can increase your chances of success and help you find the best choice for your business.  Learn what a financial advisor is, when… Read More
Do I Need a Small Business Coach?

Do I Need a Small Business Coach?

Many small business owners didn’t study finance or management before launching their own businesses — and it can be a struggle to piece together all the information and tools needed to create a successful business. Luckily, you can hire a small business coach for help with business guidance and direction. Learn what a small business coach is, whether it’s the right step for you, and how to find the best business coach in this Nav article. What Is a Small… Read More
What a Bank Collapse Means for Small Business Owners

What a Bank Collapse Means for Small Business Owners

The collapse of Silicon Valley Bank (SVB) has left many small business owners wondering what’s next. Although most of the conversation about SVB centers on tech startups, the bank had small business clients as well. Learn what a bank failure could mean for small businesses and how to protect yourself going forward in this guide from Nav. What Is a Bank Collapse? A bank fails when it can’t meet its financial obligations to its depositors and other customers — or,… Read More
The Ultimate Guide to Understanding Business Models 2023

The Ultimate Guide to Understanding Business Models 2023

The term “business model” has only been around since the 1990s, so there’s still some confusion about exactly what it means. In short, a business model defines your business’s plan to make money. You can also use business models to your business’s advantage if you know how they work.  In this article, learn what business models are, why they matter for your business, the most common types of business models, and how to choose the right business model for your… Read More
The Ultimate Small Business Guide to Financial Health

The Ultimate Small Business Guide to Financial Health

When you feel healthy, you feel good. The same is true of small businesses; being financially healthy allows your business to operate more smoothly and focus on growth, instead of constantly playing catch up.  Here’s how entrepreneurs can understand and create good financial health.  Importance Of Financial Health When asked how business is going, a business owner I know often replies, “I’m still paying taxes.”  But it’s not enough to just be able to pay taxes, make payroll, or even… Read More