Category: Running a Business

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

How Is Small Business Financial Health Attained and Maintained?

You won’t have a business without sales. But to have a truly sustainable business, you need more than just enough cash in the bank to pay your bills. Good business financial health allows your business to thrive and, if you choose, continue to grow.  Here’s how to understand and improve your business’s financial health. Why Is Small Business Financial Health Important? When you’re feeling healthy, everything is easier than when you’re not well. It’s the same thing when your business… Read More

Everything You Need To Know About Cash Flow Analysis & Lending Options For Your Business

Key takeaways: Optimizing your cash flow can improve your chances of getting a business loan. This includes maintaining up-to-date financial records, demonstrating revenue from multiple sources, and applying for financing proactively. Regular cash flow analysis helps small business owners track financial health, make smarter decisions, and spot problems early.  When you apply for a small business loan, banks and other lenders often analyze cash flow. They look for consistency, positive trends, and your ability to cover debt payments. A good… Read More

How to Beat the Inflation Blues as a Small Business Owner

Entrepreneurs and small business owners are feeling the worst they’ve felt about the outlook for their businesses than we’ve seen in a generation. According to the National Federation of Independent Businesses, small business owners saying they expected better conditions for their companies over the next six months dropped to a net negative 61%. This is the lowest the optimism score has dropped since the trade group started polling small businesses in 1973. Now that the federal interest rate has been… Read More