Should Your Small Business Accept Credit Cards?

Many small business owners agonize over whether to accept credit card payments. Some say it’s too expensive — that the cost of processing fees and the extra liability just aren’t worth it. Others argue that the added convenience to their customers makes the expense and potential hassle of accepting card payments pay off. But, should your small business accept credit cards? These days, it’s easier than ever to take card payments; many payment processing providers offer mobile solutions that are perfect for all entrepreneurs, whether they’re selling from a traditional retail outlet, venturing out to farmers markets, working from clients’ homes or even out of cars.…

Taking Your Business With You Wherever You Go? Hire a Virtual Receptionist

A virtual receptionist can save you loads of time, money and customers. They can take away nearly all the phone-related stresses related to your business, while saving tens of thousands a year in expenses over a physical receptionist holding down an office for you. A good physical receptionist will cost you anywhere between $60 – 70,000 per year when you add up their base salary, overtime pay, benefits and tax obligations paid to the government. If you’re a vagabond entrepreneur that runs your business from the road, renting an office is the last thing on your mind.…

Digital Nomad + Virtual Services = Epic Digital Business

Do you fit the definition of a digital nomad? “Digital nomads are a type of people who use telecommunications technologies to earn a living and, more generally, conduct their life in a nomadic manner.” credit The ability to run your business while globe-trotting from one location to the next is a dream that’s been had by many, but realized by very few in days gone by. However, with the rise in affordable, quality digital services like digital offices, digital phone numbers, digital staff, and online business management software, there’s never been a better time to become a digital nomad.…

Business Insight: United States Banks and Debt Collection

Collection Compliance and Consumer Protections Ensured by Bank Collection Due to the system of debt and repayment on which the majority of the banking system is based, debt collection has grown into a vital aspect of the financial industry. However, it isn’t an easy task to collect delinquent debts, especially when the standard initial practices of collection letters and phone calls don’t deliver results. There are a number of collection laws that must be followed in order to prevent legal consequences, and more strict regulations have recently been put into place that further complicate the practice of debt collection for banks.…

The Inside Scoop on Credit Monitoring Services

There has been a lot of media attention given lately to identity theft and the possibility of credit card fraud, and rightfully so. Credit fraud is a genuine threat and one that could have severe consequences on your life. It could seriously damage your credit score and leave you with thousands of dollars of debt that you didn’t accrue. Let’s go over everything you need to know about credit monitoring services so you can decide how to best protect your identity.…

Why Keeping Good Employee Records is Vital

It really does not matter what type of company you run, understanding its strengths and weaknesses is vital to success. Gathering relevant data about your business and interrogating it on a regular basis is by far the best way to stay informed about what is really going on in your firm. This applies to all areas of your business, not just your finances. It is not enough to just pull off a profit and loss report every month, and review it.…

ZipBooks iPhone app review

ZipBooks provides a better than decent accounting software, and better yet, it’s free. For SMEs, it’s without a doubt the best software out there right now, given its functionality and price. The ZipBooks iOS app was just announced—but is it worth downloading? The answer is yes, but it comes with some qualifiers. I’ll share what makes the app so good, and some potential drawbacks to consider. Advantages: Go-anywhere invoicing and complete business connectivity Here’s a quick list of some cool features that connect you to your work: Dashboard: The app dashboard allows you to instantly view your company’s billing & collections, revenue, customers and more.…

5 Reasons Why Business Software Keeps Costs Down and Productivity Up

Companies did business for years without enterprise software, but to be successful they needed more specific knowledge, greater numbers of employees, and a bigger time investment than many companies now have available. Enterprise software makes it possible for fewer managers and employees to get more done while enjoying an overall better understanding of how the business runs. With enterprise software, systems integrate like never before, allowing you to see in real time how the actions of one department affect the finances and success of another.…

9 Places in London your Start-Up Could Thrive

You might think, as a fledgling business owner, that renting an office in That London is far out of reach – it’s too expensive for you and it’ll never happen. However there are some pockets of cheaper office space if you’re prepared to look. You may not have the pick of the finest commercial property St James has to offer, admittedly, but you can find office space to share with like-minded companies, where you can knuckle down and grow your enterprise.…

4 Programs that Make Business Plan Writing Easier

Writing a business plan is probably the least thing an entrepreneur want to spend their time on. Unfortunately, whether you like it or not, it’s a must-do – for some major reasons:   Avoiding mistakes – simply because you don’t have a proper plan Keep you focused on your goal – more logic, less emotions To keep everyone in the company on the same page To give you a road map – you’ll be lost without one. A requirement for raising capital – it’s that simple: no plan, no loans/investments   …and many more!…