Category: Starting a Business

How to Handle a Business Credit Card When Your Business Name Changes

How to Handle a Business Credit Card When Your Business Name Changes

In a way, your business credit card is like a business card. It usually lists your business name along with your name, and it may even be personalized with your logo. So what happens when you change your business name? Will your credit card no longer work? Do you have to get a new card? Here's what you need to know about your business credit card if your business name changes. Why Would A Business Name Change Take Place? First… Read More
How to Start and Finance a Vending Machine Business in 2025

How to Start and Finance a Vending Machine Business in 2025

The vending machine industry is booming and expected to reach over $25 billion value by 2027, according to Allied Market Research.  Vending machine businesses have low startup costs and can be highly profitable if managed effectively.  You don’t need to a lot of money to get started, and may qualify for small business loans or business credit cards for a vending machine business. Learn what a vending machine business is, the types you can run, the pros and cons, how… Read More
How Student Loan Debt Relief Could Affect Small Businesses

How Student Loan Debt Relief Could Affect Small Businesses

One of President Biden’s biggest campaign promises was to forgive federal student loan debt — a pretty big promise to the 43 million Americans who currently owe the U.S. government over $1.6 trillion for their higher education, according to the Education Data Initiative. So when the Biden administration announced a three-part plan in August 2022 to forgive up to $20,000 of federal student loan debt for federal borrowers who make less than $125,000 a year (for single filers), it felt… Read More
Calculating the Break-Even Analysis for Your Business

Calculating the Break-Even Analysis for Your Business

A break-even analysis is a financial analysis tool that can help business owners in important decision-making, such as at what point a new business or new product will be profitable. Knowing the break-even point (BEP) for your business can also help you find investors.  It’s not difficult to calculate a break-even point for a small business, but you do have to know some key variables in terms of revenue and costs. Learn more about a business break-even analysis and how… Read More
11 Best Payment Gateways of 2022: A Complete Guide

11 Best Payment Gateways of 2022: A Complete Guide

A payment gateway is technology that allows physical and ecommerce businesses to accept payments from customers who use credit cards, debit cards, and other payment types.It’s the interface that customers interact with during the checkout process in person or online.Payment gateways are separate from payment processors, which move money to complete a transaction. Payment gateways only start the transaction process.In this article, you’ll learn what you need to know to choose the right payment gateway provider for your business needs.… Read More
Best Ecommerce Solutions for 2022

Best Ecommerce Solutions for 2022

If you want to do business online you’ll need more than a website or social media accounts. You’ll need an online shopping solution so your customers can buy your products or services. That includes product pages so they can view what you have to offer, payment processing tools so they can make a purchase with their debit or credit cards, and shipping tools if you need to send a physical product.  Most small businesses don’t want to have to hire… Read More