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16 ways business owners can save on taxes
Though tax season may not be your favorite time of year, how to save money on your taxes may be a topic that piques your interest. The IRS offers dozens…
4 tips for mobile credit card processing at trade show events
There are multiple reasons why any business owner would exhibit at a trade show, but the main goals are typically to increase brand awareness, network with colleagues and potential customers,…
Merchant account vs. business bank account
What is a merchant account? A merchant account is a special type of business bank account that allows you to securely accept credit, debit, and other electronic payments. It acts…
Payment gateway vs. payment processor: what is the difference?
Let’s start here: There are four parties involved with every credit card transaction: The role of payment processors and payment gateways differ, yet each is a vital component in accepting…
How different age groups prefer to pay
Although cash is convenient for smaller one-off transactions, using paper money carries a number of hidden costs when you factor in theft, misplaced change, ATM fees, and time spent retrieving…
What is peer-to-peer transfer? What are the pros and cons?
Though in recent years, the definition of P2P transfers has evolved to describe a new way of exchanging money, goods, and services — one that doesn’t rely on traditional intermediaries…
The positive impact of social media on eCommerce
In fact, eCommerce sales continue to grow year after year. In 2019, sales topped $3.45 billion – a nearly 22 percent increase from 2018.1 Online stores with a social media…
Redesign your mental model: Forget resolutions and reshape habits
Welcome to 2020! After popping a few corks and singing “Auld Lang Syne,” most of us resolve to change things up in the New Year—whether it’s a change in our…
Top shows & documentaries for entrepreneurs on Netflix, YouTube, and other streaming services
That’s why budding entrepreneurs should take occasional breaks to recharge their batteries. Popular distractions include: Another great strategy? Watch movies, TV shows, and documentaries for entrepreneurs and startups. With this approach, you’re…
How to start a small business in 9 simple steps
1. Do your research Sadly, a large number of businesses fail each year in the U.S. According to the Small Business Administration, approximately 20 percent of businesses fail within their…
