Category: Running a Business

How to Use Zelle for Small Business Transactions

Zelle is a peer-to-peer (P2P) digital payments network that transfers money between bank accounts almost immediately.Using Zelle for small business payments is a fast, free way to send and receive money.Many banks integrate with Zelle’s interface to make it easy to send money between bank accounts to pay for goods and services. Find out how Zelle works and why it may be right for your small business in this article from Nav’s experts. How Does Zelle Work? As a peer-to-peer (P2P)… Read More

Everything You Need To Know About Using Cash App For Your Business

With Cash for Business your business can accept unlimited payments of any size using your email or phone number, your Cash App QR code or $Cashtag. Whether you’re selling products or services online, or sell products you make at a local market, using Cash App can add an additional payment option for your customers. Cash App is a Block Inc. company (formerly Square Inc.) that offers services for both individuals and businesses. It is a cross between a financial platform… Read More

A Guide to Managing Variable Expenses in 2024

Running a successful business isn’t just about bringing in more sales. Managing your business expenses is also key to profitability. Your business expenses likely include fixed and variable expenses, as well as expenses that are a mix of both types.  While managing all your business expenses well is important, here we’ll focus primarily on managing variable expenses, which may offer opportunities to save money quickly. What Is a Variable Expense? Variable expenses are related to sales volume. These costs may… Read More

Best Credit Card Processing Companies for Small Businesses: A Guide

Most small businesses accept credit cards and debit cards as a standard payment option, but as technology advances, customers expect other convenient payment options like digital wallets, mobile payments, and more. Credit card processing companies, or merchant services providers, work as third-party intermediaries between a business and a credit or debit card network for payment processing, and can also handle other forms of digital payment. Picking from among the many credit card payment processors available means nailing down your business’s… Read More

How Will Cryptocurrencies Affect Your Small Business Bottom Line?

As the popularity of cryptocurrency continues to rise, small businesses are considering the pros and cons of accepting crypto as a payment method.Weighing the benefits of accepting cryptocurrency against the risk is important to determine if it’s a good decision for your small business.Learn about cryptocurrency and why you may consider it as one of many payment options for your small business.  Learn About Cryptocurrency: The First Things Small Businesses Should Know About Cryptocurrency Cryptocurrency, also known as crypto or… Read More

Is Cryptocurrency Good for Your Business

Staying competitive in your small business means looking for creative solutions to increase revenues. One way to stand out— and potentially get more sales— is to accept cryptocurrency.  Allowing customers to pay using bitcoin, ethereum or other forms of crypto may mean you bring in customers who don’t use traditional financial services. Setting up a cryptocurrency payment system early on can also help create a crypto ecosystem that will in the future embrace using blockchain technology for things like rewards.… Read More