Cash Advances sometimes have bad connotations, but they are a great source of working capital for your business. Today, I am going to go over the pros and cons of merchant cash advances and give you a little education about them so you don’t get burned and possibly hurt your business in the long run. Let’s start by answering, what is a merchant cas…

Recently, the answer to this question became extremely important. Google has decided to block websites from the search engine results that are NOT mobile-friendly. Now, how important is Google search for your business? Well if you think about it, no one is looking through the yellow-pages or even paying much attention to billboards. What customers …

Today, I will be discussing 4 different sources of capital for your small business to help you grow and expand. Also, I will be talking about our exciting upcoming event,“How to Find Capital,” on Monday, April 13th at 4 p.m. EST. Register HERE. Here are 4 different sources of cash to grow your business. 1. Traditional Financing Traditional financin…

What if coming to your business felt a little bit more like coming to Disney World for your customers? In this post today I am going to give you three practices that you can implement to bring a bit more happiness and magic to your customer experience. #1 – Encourage your employees to “Put on a Show.” In today’s society many employees feel that the…

It’s very important that a small business owner is prepared to accept all different kinds of payment: Apple pay, Mastercard, Visa, Discover, American Express, Google Wallet, etc. Although EMV transactions may comprise as much as 30% of transactions in countries as close as Canada, they are new on the U.S. market. EMV is often called “chip n pin” ca…

Many times on your statement you’ll see the term “authorization fee” or “auth fee.” This is the charge to authorize each individual transaction. After you swipe the card, enter the amount, and hit “enter”on a credit card transaction, there must be authorization before the transaction is complete. The transaction will travel over the Visa, Mastercar…

Many small business owners only notice the qualified rate or transaction fees on their statement. Unfortunately, the large percentage of fees on your statement are for mid-qualified or non-qualified transactions. So, it is important to notice these fees and understand them. Today, I will quickly cover what you should be paying for non-qualified tra…

The strategies that we will be discussing in today’s post have helped me to make some tough decisions. These are different strategies that I have read in business books as well as learned from previous advisers and mentors along the way. Here are 3 decision making strategies that will help you to grow and expand. Decide to Accept the Worst Case Sce…

Everyday, your employees are down in the action interacting with the customer. They learn what the customer wants and what the customer doesn’t like. So, why not have them involved with the marketing of your business? Jack Welch, the former CEO of General Electric, wrote the book,”Straight from the Gut.” The book discusses one of the exciting progr…

In today’s fast-paced economy, many are focused on getting their company brand out there through social media and email marketing. This will have a large impact on the company brand, but most forget about their personal brand. Local businesses aren’t really competing with other local business. They are competing against large brands, or corporation…