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Small Business Insight

You Can't Afford To NOT Get A POS For Your Small Business

 
Think Your Business Is Too Small for a POS? Think Again!
The Clover point-of-sale (POS) system is a hugely convenient and helpful piece of technology. While it functions as a cash register, it can do so much more. Better yet, it's adaptable to businesses of all sizes.

Your Home-Based Business Should Look Professional – 4 Tips from VMS


 
A recent study found that nearly half of all small businesses are home-based. A major challenge facing many of these small business owners is finding a way to make sure their businesses look professional without the leverage of having a store, office space or brick and mortar business of some kind

The good news is that there are several things you can do right now to give your home-based business the professional look you want.

Necessary Management Skills – How To Delegate

Management_Skills-1


There are four rules of successful delegation. 
Delegation is essential for managers and business owners. It's an effective way to get more done, in less time. But this is something that managers must have the proper training to do. If not, the benefits of good delegation could be missed.

Here are a few top things to keep in mind when delegating tasks:

The 3 Traits Of Successful Women

There is no dearth of successful women in the world today. You can find leading women at multiple levels in multiple industries, politics and professions. If you were to break them all down you will quickly find that they have a particular set of characteristics that define who they are. These traits sharpen their work ethic and help them balance their work and life harmoniously.

Here we'll take a look at some of those traits and see what you can learn from some of these inspiring women.

The Advantages of Being a Woman in Business


 

There's a lot of talk about how women are underrepresented in business. Although there are more women running Fortune 500 companies than ever before, they are only in charge of 6.4 percent of large corporations. Hearing these statistics, and knowing about the pay gap between genders, women may feel discouraged in the process of becoming entrepreneurs. But women in business have distinct advantages that men do not, which they can harness in order to excel.

Artificial Intelligence and Marketing


Are You missing out on new technology?

Artificial intelligence (AI) has leaped from the pages of science fiction novels into the marketing mainstream. Twenty-six percent of marketers say AI is the next big marketing trend, and it's clear to see why. Machine learning algorithms, predictive analytics, speech recognition apps -- big brands use these technologies to maximize their marketing. It's no wonder, then, that the global AI market is worth a massive $7.3 billion, according to one estimate. But just how can you this technology to grow your business?

Four Types of Credit Card Processors to Avoid


Finding a trustworthy and affordable credit card processor can be extremely stressful. It can also cause quite a few headaches for modern business owners.

While there are reputable providers out there, it will take some time and effort to find the best of the best.

If you want to ensure that you find the right credit card processor for your needs, try to avoid the following.

Social Media and The Small Business Owner


 

The success of any business comes down to one thing: How well your company can meet the needs of its customers. Repeat business and a growing client base are the result when you understand and deliver what consumers want. This requires communication, and the modern, peerless mechanism for the exchange of ideas is social media.

The Benefits of an Inventory Management System

Whether you run a retail store with a constantly rotating stock or a service business like a salon or tattoo parlor, an inventory management system can help. Imagine pulling out your tattoo machine only to realize you're out of the color red. That can seriously limit your design options. What about running out of 30 volume developer at a salon? Sure, you can probably blend a mix of 20 and 40 volume to handle color, but the result won't be the same. With an inventory management system that’s part of your credit card processing system, you never need to worry about missing product.

Avoiding Chargebacks, Account Holds and Freezes

May 16, 2018 | ArticlesBusiness Insight

Being able to process card payments is essential for small and medium-sized B2B AND B2C companies, especially as consumers increasingly choose to use plastic over cash. But when your funds are being held up or your account is frozen, it can slow down business. Some of the main causes for accounts holds and freezes include chargebacks or fraud. Moreover, your money can be held up if your processor requires a reserve fund investigation or if unusual activity occurs, including a sudden spike in sales. Thus, it's important to what measures to take to prevent account holds and freezes. Here are some tactics to consider: