Posts Tagged ‘small business’
How All-In-One Platforms Lower the Cost of SMB Payments
Stoyan Kenderov, Plastiq’s Chief Operating Officer, joined a recent PYMNTS panel to talk about how SMBs can benefit from all-in-one payment platforms and digital payment acceptance. Joined by Payground co-founder and CEO, Drew Mercer, and Sunbasket Vice President and Corporate Controller, Todd Smith, the three discussed how giving businesses flexible payments options–while simplifying customers transactions…
Read MoreStop waiting for your money
No matter what industry you’re in, you’re in the business of making money. But too often, it can feel like you’re in the business of waiting to be paid. Of course, you’re not just waiting. You’re figuring out which payments are overdue, following up, following up again, stressing about when the money will arrive, and…
Read MoreWhen And How Fast Will The Economy Recover? Here Are Three Economic Metrics To Watch
The economy will recover from the pandemic. There’s no doubt about that. But there is a lot of doubt about when, and how fast. As cases continue to rise and shutdowns proliferate, there’s not a single economist who can accurately answer these questions—no matter how hard they try or how smart they are. And unfortunately,…
Read MoreThese Three Fintech Trends Will Impact You, And Your Business In 2021
There’s a lot going on in the financial technology (or fintech) world—things that will impact not only the banks and financial service companies but their business and consumer customers alike. Here are three big things I am watching—things that may change the way we send and receive money in the years to come. Accounting Software…
Read MorePlastiq Is A Critical Cash Flow Tool
I’ve been doing a lot of speaking—virtually of course—to industry groups made up of small- and medium-sized business owners over the past few months. And I’ve got a lot more scheduled throughout the next 12 months. Everyone wants to know about cash flow. Everyone wants advice. Can you blame them? The economy is in a…
Read MoreFive Major Tech Trends Impacting Businesses in 2020
There has been a major boost in business technology trends in the year of 2020. This is due to the massive international lockdowns caused by the COVID-19 pandemic. This has inevitably led to a massive increase in remote working technology, virtual sales, and other tech-based products, in order to fit the demands of the market.…
Read MoreFour Technologies That Four Technology Experts Say Will Increase Your Cash Flow
Maybe you saw the discussion I had with John Horner, Ivan Mehta and Tom Berdan. If you didn’t you should watch it here. You’ll pick up some great advice about a few new—and not so new—technologies you should be using in your business. Why? Because our discussion was about cash management and cash flow, and…
Read MoreThis Is How Much Cash Your Business Really Needs
If there’s anything the recent economic downturn has taught us it’s that maintaining a healthy cash balance is critical for the survival of any business. But how much cash does your business really need? Brace yourself, because you might not like the answer. That’s because the answer is not easy. Your business needs to have…
Read MoreHow smart business owners can help their customers pay in times of cash-crunch
American entrepreneur Oded Wurman has a burgeoning small business. He provides software to emergency responders who need up-to-date information they can use in the field to save lives. When customers asked him if they could pay their subscription with a credit or purchasing card, he used to say no. The fees charged by traditional card…
Read MoreThe Biggest Error Small Businesses Make About Credit Card Fees
It amazes me how, in 2020, so many small business owners don’t take advantage of credit cards, despite the fact that most people I know don’t carry much cash anymore or that – according to many surveys like this one – most consumers prefer to pay with a credit card. Some business owners just stick…
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