Making it as easy for your customers to pay you is good for business. The simpler you make the transaction for them the more likely it is that they will buy from you again. In 2017, 74% of transactions were carried out using debit or credit cards. Today, that figure is certainly higher. Hygiene concerns surrounding CoVid have caused consumers to increasingly turn away from using cash. So, if you have not yet acquired a credit card reader for your small business it is well worth your whil...

When you have your own trade or business, you want to increase your revenue as much as possible. This might be so that you can expand the business itself, to raise staff wages, or invest and watch your money grow.  To be able to accomplish this, you need to first consider the means in which you plan to increase that revenue. This might mean making alterations to your business itself, or the practices you use. Rather than simply pushing ahead with trying to earn more, it can be a goo...

Whether you are contemplating starting a new venture or have an established one, business credit cards can prove to be a valuable tool in accessing capital for your business and managing the cash flow. They can be useful in a financial pinch when there is not enough cash available to make payments or cover unexpected expenses. So what are some other practical reasons and benefits of getting a business credit card? Let’s find out. Provides Instant Funding Being a business owner entails...

As a business faced with growing numbers and growing responsibilities, the pressure is on to create a seamless and effective procurement process. When there are issues within your supply chain your whole business will start to suffer so taking control of your BOM and bringing it into the 21st century will not only benefit your OEM and those on the procurement team, but your operation as a whole will enjoy a streamlined and highly efficient process.  By adopting a digitized, expert a...

Businesses of all varieties decide that they should outsource certain services, whether this is on a short- or a long-term basis. What are the main reasons for doing this and what advantages can they expect to receive by doing so? Well, the following blog post aims to answer these questions by looking closer at the top reasons to outsource specific services.  To Lower Costs  One of the most obvious reasons why business owners decide to outsource certain services is the reduc...

Having success within your company does not simply depend on products and customer satisfaction. It may also involve improving the knowledge and skill set of those who work there. This can be completed in a number of ways. On top of this, you may also find that listening to your employees regarding the types of training and personal development they would like to see, can help to boost employee morale and, therefore, productivity.  LMS The usage of an LMS system can benefit you g...

Most online influencers have humble beginnings, they start off at home, chatting away awkwardly to a camera, going through their latest shopping haul, explaining their workout progress, or delving into the trials and tribulations of being a parent. Most wannabes fall at the wayside, but for some, their follow-ship continues to grow and what was once a simple hobby, rapidly turns into a full-blown career.  As an influencer, you’re not just an individual sharing certain aspects of you...

The trading business is something that can be profitable if you know the basics of international trade. It is one of the ‘hottest’ industries of this decade. And the good thing about it is that it does not take a lot of effort to steer yourself in the right direction. In fact, the US exported seven hundred and seventy-two billion dollars worth of goods to more than 150 countries, ranging from beverages to clothing items and countries such as Australia and the UK. The modern trading busin...

An employer identification number (EIN) or tax ID is essential for every business since it affects all its facets. The IRS provides this nine-digit ID that is used for various purposes in the day-to-day operations of your business. EIN helps in business registration, filing taxes, opening a business account, applying for a business loan, and other factors. No matter what type or size your business is, an EIN is a critical tool that you must have. Read on to learn some of the reasons why you...

If you feel you are losing the battle for talent, then you are not alone. Industrial recruitment is becoming challenging every day, and the stakes are high. And that's where the specialised hiring agencies come into the picture so that your business gets a deserving candidate. How Can Faulty Hiring Cost You? Bad hires can affect not only the employee but the employer as well. It can literally cost you thousands of dollars, adding up to project delays, dropping morale, lost opportuniti...