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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…
HOW TO START A IMPORT/EXPORT BUSINESS
December 22nd at 7:34pm
The modern system of international trade is a complex web of import/export businesses that handle the sale, distribution, and delivery of goods from one nation to another. There is more than one type of import/export business. You could focus just on importing or just on exporting. You could be a manufacturer’s representative, specializing in a certain industry, or you could be an import/export merchant or agent, which is more of a freelance broker. Here are the steps you need to take to start an import/export business. Get Your Business Basics in Order. Pick a Product to Import or Export. Source Your Suppliers. Price Your Product. Find Your Customers. Get the Logistics…
HOW TO CHOOSE A VIRTUAL OFFICE
December 15th at 7:26pm
As the digital age rolls smoothly into the mobile age, the ability to let employees work from home or out in the field is an incredible freedom for modern businesses and professionals alike. In fact, it’s so freeing that many companies don’t bother to lease a central office at all because even the business coordination team and top management can telecommute with ease. However, no matter how much fun running an almost purely remote business can be, the legal and functional idea of a business still includes a physical location and an address with a mailbox from which your business can…
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…
HABITS OF SUCCESSFUL BUSINESS LEADER
November 24th at 7:14pm
There’s more than one way to run a business and become a successful entrepreneur. Yet many of the most seasoned business leaders share similar habits in their approach to life and work. 5 Habits Successful Business Leaders Use Every Day Determine your peak intelligence time. Aspiring leaders need to identify the time of the day when they are most productive. Create a routine around your peak intelligence time. Remove triggers for distraction. Replace minor rewards with value-adds. Answer email, Slack and texts less frequently BONUS TIP: If you want to be productive, start by taking care of yourself. Receive at least seven hours of sleep to ensure that you’ll wake up refreshed…
QUESTIONS TO ASK BEFORE GETTING A MERCHANT ACCOUNT
November 17th at 7:06pm
Setting up a merchant account will allow your business to begin accepting debit and credit card payments. By providing this convenient payment method to your customers, you will more than likely see an immediate increase in your sales volume. However, not all merchant services providers are created equal. Questions to Ask When Choosing a Merchant Account Provider Do You Offer 24/7 Customer Support? Do You Offer Live Support? How Long Have You Been in Business? Will I Be Able to Process Online and Offline Transactions? Are Your Payment Systems PCI-Compliant? What Fraud Protection Services Do You Offer? The cheapest credit card processing for small businesses with small average transactions is PayPal. The cheapest credit card processing for…
WARREN BUFFETT: THE ART OF INVESTING
November 10th at 3:07pm
Warren Edward Buffett is an American business magnate, investor, and philanthropist, who is the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world. Warren Buffett made his first million by running a hedge fund. Then he switched to owning small banks. Then finally he shut down his hedge fund and put all his money into running an insurance company. An insurance company is a hedge fund that KEEPS the investors money and KEEPS 100% of the profits. Known as the “Oracle of Omaha” for his investment prowess, Buffett has amassed a…
RECOMMENDED BOOKS FOR SMALL BUSINESS OWNERS
November 3rd at 3:06pm
Books can help small-business owners step up their game, gain valuable strategy and growth insights, and find inspiration. The Best Books for Small Business Owners Good to Great: Why Some Companies Make the Leap, & Others Don’t by Jim Collins. Can good companies, mediocre companies, or even bad companies achieve enduring greatness? That is the question Jim Collins answers in this book. He shares his extensive research that reveals what it is that makes top companies tick.Think And Grow Rich by Napoleon Hill. As one of the best-selling self-help books of all time, first written in 1937, Napoleon Hill continues to…