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BEST CREDIT CARD PROCESSING COMPANIES
January 5th at 3:36pm
A merchant account is an account that enables merchants to process online credit and debit payments. … According to a designated schedule as determined by your payment gateway, the funds are automatically transferred from your merchant account into your business bank account, which you set up for yourself The average credit card processing cost for a retail business where cards are swiped is roughly 1.95% – 2% for Visa, Mastercard, and Discover transactions. The average cost for card-not-present businesses, such as online shops, is roughly 2.30% – 2.50%. Square: Best Overall Credit Card Processing for Small Businesses. Square is an…
INCREASING BUSINESS CREDIBILITY
December 8th at 7:19pm
Why credibility? Think about the startup entrepreneur who is trying to convince a team of stakeholders and investors to pursue a new and innovative idea without a proven concept. Or the entrepreneur who runs into production problems and needs his business partners to extend credit for a few days, weeks or even months. Without a doubt, establishing credibility cannot be done overnight, but entrepreneurs can engage in strategies along the way that will help build credibility more effectively. Be sensitive. Be honest.Be objective. Be sincere. Be knowledgeable. Promote achievements. Ask for endorsements. Find your confidence. Looking for a small business funding that fits your business budget? contact…
HOW TO SECURE YOUR RETIREMENT
September 29th at 2:20pm
Getting solid financial footing requires you to focus on the most important elements of your money: saving and investing. Retirees need to know how to generate enough income to maintain their lifestyles without exposing their assets to too much risk. Social Security is obviously a key source of steady cash, and some retirees also have traditional defined-benefit pensions, an increasingly rare type of plan that pays out like clockwork. Its important to know how to calculate the amount you need to retire. Most financial advisors will say that you need to multiply your cost of living by 25. This means that…
LEASE OR BUY YOUR BUSINESS LOCATION?
July 21st at 12:00am
There are many factors every small business owner needs to consider when getting ready to make the decision whether to buy or rent a business facility. Once a business owner determines his or her facility needs and searches for and locates the right facility, it’s time for another decision regarding the business property: Do you buy or rent the property? This question is raised in two contexts: The owner of the target property would consider either a sale or a rental of the property.You are selecting from a group of competing sites, some of which are for sale and others which are for…
HOW TO AVOID RETURNS AND CANCELLED ORDERS
June 2nd at 2:24pm
If you are an online seller wishing to minimise your returns and work towards eventually eliminating them, here are a few tips that will assist you in the process: Send out crystal clear information: Write a thorough product description that delves into all of the specifications of your product. It will help the buyer in making an informed decision.Product Images: Product images play a significant role in the online purchase decision as it is the only way a buyer can inspect a product in detail.Customer testimonials: Customer reviews directly increase the overall credibility and reliability of your product. It gives…
BRILLIANT QUOTES FROM LEE IACOCCA
May 12th at 2:04pm
Lee Iacocca is an American automobile executive best known for spearheading the development of Ford Mustang and Pinto cars, while at the Ford Motor Company in the 1960s, and then later for reviving the Chrysler Corporation as its CEO during the 1980s. He served as President and CEO of Chrysler from 1978 and additionally as chairman from 1979, until his retirement at the end of 1992. Iacocca was a passionate advocate of U.S. business exports during the 1980s. Here are quotes that can inspire you to use your time in a wise manner so that you may live your dreams. 1. “Get all the education you can, but then by God, do something.…
RESTAURANT BUSINESS IN CALIFORNIA
April 14th at 1:23pm
The Restaurant industry in California has experienced considerable growth in recent years as revenue has climbed at an annualized cost of 2.2%. Industry revenue now sits at an estimated $71.0 billion in California, the highest restaurant revenue of any state in the country. The industry has benefited from rising disposable income and a growing number of affluent households that can afford dining out regularly. Moreover, the prevalence of food truck culture in cities across California has created tremendous opportunity for new entrants in the market. General economic facts In high occupancy cost areas such as the San Francisco Bay area,…
LEARNING HOW TO PRICE YOUR PRODUCTS
April 7th at 1:16pm
These are the four basic strategies, variations of which are used in the industry. Apart from the four basic pricing strategies — premium, skimming, economy or value and penetration — there can be several other variations on these. A product is the item offered for sale. A product can be a service or an item There are four main aspects of financial modeling, and pricing is just one of them. The others are product, promotion, and place. Pricing is a very important aspect of marketing. Wholesale businesses also need to select the pricing strategies that will enable them to grow…