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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

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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 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:

Understanding Your Credit Card Processing Statement

May 11, 2018 | ArticlesBusiness Insight

If you are new to using a credit card processing service, you may find your credit card processing statement difficult to understand. If you're confused about the difference between interchange fees and processing rates, read on to learn all you need to know to understand your processing statement in full.


Clover vs. Square: Choosing the POS Solution to Fit Your Business' Needs

Jun 13, 2016 | NewsArticlesBusiness InsightCloverSquarePOS

There are many things to consider when choosing the best POS solution for your business. Your decision on the system may be based on your need at the time, the aspects of your POS you'd like to address, or even the cost effectiveness, or value of the system. Does the system make your inventory management easier? Will that system enhance or detract from customer loyalty? Can you manage your staff in a few clicks of a button?

Clover Mini: The Credit Card Terminal of the Future!

In June 2015, First Data launched a new and improved addition to payment technology and service solutions with the Clover Mini. This POS solution provides business owners with an all-in-one way to make keeping track of transactions as well as processing those transactions for business owners. Payments are facilitated in what is a safe and secure environment for both the customer data and business data.

Why is the U.S. Finally Moving to EMV® Smart Chip Technology?

We are all pretty familiar with the chip card (credit card) changes finally happening in the United States. That's right, we said, finally. Why now, when most of the Europe embraced the technology in 1994? Yes, the 90s! Maybe it's because the U.S. ranked #1 in card fraud over the last five years (approximately; $8.6 billion), due to lack of security, the financial institutions think it's a good time to start.