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Small Business Insight

Velocity Merchant Services

Recent Posts

5 Differences Between Female and Male–Run Businesses

Both men and women today are capable of starting and running highly successful businesses. However, despite the success of both male and female-run businesses, there are many differences between the two, beginning with the reason men and women start businesses to the management style to the ultimate goals of the business.

While these differences between male and female-run businesses certainly don't always apply to every business, several studies, including studies from the SBA, have reported significant differences inherent in many of the businesses operating today.

How to Balance Work and Home

Whether you're just starting out running a small business or you're managing the expansion of your medium-sized company, owning a business comes with a ton of responsibility. There are business decisions to make, clients to call/contact and meetings to run. But often business owners' lives spill over into their personal lives.

As a business owner, it's essential to set up boundaries and define your limits if you want to be successful and happy. Here's how to get it done:

Amazon Go - Why You Want It

The future of shopping has arrived with the help of Amazon Go. Thanks to this new innovative shopping technology, Amazon has literally made shopping easy for its Prime members and it's expected to expand up to 3,000 stores by 2021. These innovative stores require no checkout. Prime members can now go to these stores and pick up the items they want without talking to anyone. All they have to do is walk into an Amazon Go store and the technology automatically charges the payment method they have on file in their Amazon Prime accounts. The best part about Amazon Go is that it has much you can leverage. Here are a few key benefits of using Amazon Go:

Credit Card Processing Pricing: Are You Getting Value For Money?

The most common form of credit card processing pricing is the tiered option. Depending on the nature of the transaction, the applicable fee can vary greatly -- making cost forecasts exceptionally difficult.

But there's another option for merchants, and it makes projecting the cost of credit card fees a lot easier. It's called "interchange" or "cost plus" pricing, and it's growing in popularity around the world.

When Your Business Isn't Your Only Baby

 
It's a Balancing Act Between Business and Family
Your business isn't the only thing that you have to focus on in your life, your family is important too, and trying to balance your time between the two can be difficult. Here are a few ways that you can have a healthy work-life balance when children are involved in the equation.

Running A Business With Your Life Partner? Five Tips from VMS


Running a business with your life partner can be an exciting thing, however, there are a few things to keep in mind if you want to maintain a healthy personal and business relationship. Here's what 
President, Founder & Inspirational Leader, Dema Barakat and CEO / MBA, Danoush Khairkhah, at Velocity Merchant Services | Credit Card Processing, husband and wife team, strongly suggest you do to "keep it all together."

Fall Should Be Your Busiest Season – Is it?

 
Fall is often the busiest season for businesses selling consumer products and services thanks to it aligning with the back-to-school season. Consumers often equate the start of the school year with the start of a new year, and that means there's tons of shopping. From new product debuts to new fall fashion arrivals, there are a ton of shopping opportunities that consumers want to take advantage of during the back-to-school season. But if your store isn't prepared to handle the crowd and their payments, you'll miss out on a potentially lucrative season for your business. Thus, it's critical to have a strategy for handling the back-to-school season crowd if you want to leverage this busy time of year. Here's how you can get it done:

You NEED To Optimize Your Daily Productivity

 
Do you ever feel like there aren't enough hours in your day? You're certainly not alone. This is a common complaint for business owners, who often wear many hats, especially in the early days of a startup. An endless list of tasks, work hours that start before the sun rises or end long after it sets - these are major issues for entrepreneurs, yet who has the time to find a solution? As it turns out, you do. There are simple, effective ways to optimize your daily productivity; you just need to know where to start.

Is Your Business As Successful As It Should Be?

 
Are you a small business owner looking to perfect your business technique? Perhaps you're ready to set sails to your business venture. When it comes to being a successful small business owner, there are quite a few key traits that one must possess. In 2004, a seminal study was conducted to determine the Big Five personality traits that every successful business owner seems to achieve. Let's take a look at these traits that play an important role in a successful small business.

Why You Need To Deal With Difficult Employees Right Away

Aug 30, 2018 | NewsBusiness InsightSmall Business



Here are Five Steps To Dealing With Difficult Employees

Part of running a business involves dealing with difficult people, and sometimes they can adversely impact your business. Thus, it's important to have a plan to address employees who are difficult before an isolated issue spreads or becomes worse. Here are some strategies you can use to handle difficult people: