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The Post-Pandemic Economy: The COVID-19 Impact on Small Businesses

With so much uncertainty over the last year, many employers and small business owners voluntarily cut their spending. While some small businesses haven’t had much choice in the matter, others opted to be more frugal due to worries about the potential impact COVID-19 could have on their business and industry. In March 2020, when we were most unsure about what led ahead, both revenue and spending dropped by 40%...

Published 2021-04-09 21:38:11

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Round Three of SBA and PPP Loans: What This Means for Your Business

The Consolidated Appropriations Act, passed at the end of December, provides a third round of SBA disaster loan assistance and SBA PPP loan opportunities for small businesses impacted by the coronavirus pandemic. Applications can only be submitted until the end of May or until the funding has been exhausted. Businesses that missed out on previous rounds of funding now have an opportunity to get some relief....

Published 2021-04-07 18:13:23

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FBA Loans: Funding Your Amazon Fulfillment Business’ Startup Costs

Covering your startup costs, especially in the initial growth stages, requires access to funding at the right time. A massive loan when you’re just starting out without many sales may help you secure products that no one is buying, leaving you in debt....

Published 2021-04-07 17:41:02

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Merchant Accounts - The Insider Perspective

As a business owner, you have probably worked with merchant accounts before. If you want to charge customers for their purchases, you must be able to accept credit and debit cards. While some people pay with cash, many consumers use just credit and debit cards. To accept their payments, you must have a connection to a merchant services provider. Once you set up an account, you can start charging your customers through their payment cards....

Published 2021-01-20 20:19:24

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Top 3 Merchant Account Providers For Small Business

Consumers typically prefer to shop at Amazon than hunt for the best deal on the same product because Amazon offers them convenience. In the same way, businesses that may want to pay you for your services may elect to choose someone else if they are having difficulty sending you money. Overall, it speaks to the professionalism of the company and you want to make sure that your merchant services are representing you in the best way possible. Therefore, you want to choose the best merchant account available for your needs....

Published 2021-01-20 20:16:00

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5 Smart Steps to Save on Business Expenses

Every business wants to know how they can save on business expenses. They may hire an expensive consultant to help them trim the fat or trim the sails (whatever expression fits better for your business). But at the end of the day, there are some easy ways to save on business costs right in the most obvious places. Truth be told, most of them don’t even require hard work. They just involve having the right business partner for payment processing, and leveraging that partnership to your advantage....

Published 2021-01-15 17:22:00

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