If you’re looking for a way to increase your bottom line, take a look at your payment options.
How many choices do your customers have to pay you?
If you only accept cash and checks, you’re letting a lot of money walk out your door. I know that accepting credit cards — at first look — seems to be just an added expense, but they can add quickly to your bottom line and can actually save your company money.
Consider this. [Read more...]
Call it fraud, profiteering or theft. No matter what it´s called, some people on the payroll are robbing companies across America each and every day. Employee theft now costs American businesses at least $40 billion a year, according to the latest estimates from the U.S. Department of Commerce.
I see news reports every week about some small business being ripped off by an employee. Are they robbing your small business? [Read more...]
Most small business owners hang out their shingle without having a clue about what’s required to be successful on the money side of their business.
They see a bunch of numbers on a sheet of paper and groan about how they wish they’d paid more attention to math in school.
But cash flow in a small business is about much more than math.
It tells the story of your business and can be adjusted by simple actions any small business owner can take to move the business from failure to success. [Read more...]
Join the Conversation