Calling all female business owners! It helps to be WBENC-certified because it proves that a woman (or women) owns, operates, and manages at least 51 percent of your business. The WBENC certification (issued by the Women's Business Enterprise National Council) provides you with loads of benefits. You can attract more organizations and investors who want to work with women business owners, for example. Read on if you want to learn how to achieve this valuable certification:
Seeking business investment is an exciting – and potentially nerve-wracking – stage of development. You have to convince outside parties to put money and expertise into your endeavor. In return, you get a financial boost and the added motivation to grow your company.
There are ways you can make this process easier. Be prepared and do your research before those important meetings. Don't forget to review all of your financial options in addition to investment, so you can make a sound choice.
Each year, the United States government issues nearly $100 billion to EBT programs like the Supplemental Nutrition Assistance Program (SNAP). EBT makes it easy and secure for beneficiaries to purchase essential goods, including food and garden supplies. On average, SNAP beneficiaries receive $126 per month.
If your business doesn't accept EBT, then you're potentially losing thousands of dollars in revenue every month. Learn how to start taking EBT so you can grow your customer base and increase your profits.
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.
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.
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?
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.
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.
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.
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: