Accounting for Credit Card Processing Fees

We are nearing the time when cash-only small businesses will be making their final curtain call. For years, some small businesses dealt in cash or checks because get...

Bitcoin and Blockchain for Restaurants

This new technology can change the restaurant business

Like other businesses, technology is an important operational component for restaurants. But are bitcoin and blockchain the right technologies for the food industry?...

What Bitcoin and Blockchain Mean to Small Businesses

In our previous article, you learned what bitcoin and blockchain are, how they are related, and their differences. The possibilities for larger enterprises are prett...

Bitcoin? Blockchain? Which is Which? Does it Matter?

Lately, the media have been reporting almost non-stop on bitcoin.  Or is it blockchain?   Or is it both? If you’re new to bitcoin (and blockchain), all of the ...

To Grow Your Business, Consider a Merchant Cash Advance

In our last post, we discussed how hard it can be to get a business expansion loan from the bank. So, what are the alternatives? You can open a business credit card...

Why It’s So Tough To Get A Business Expansion Loan

You’re running a successful business, getting into a groove of day-to-day operations when it suddenly becomes abundantly clear – you need cash to keep the growth...

10 Insurance Policies For Retail & Hospitality Business Owners

When you wrote the business plan for your company, you probably didn’t get too excited at the thought of figuring out which insurance policies you’d need. Or eve...

DIY Accounting: 3 Software Programs To Explore

As a small business owner, you have two basic choices when it comes to keeping your books -- hire an accountant or do it yourself. Both have their advantages. For th...

5 Business Moves to Reduce Credit Card Transaction Costs

Things You Can Do WITHOUT Arguing Over Rate

Much of the cost of processing card transactions is “firm.” But there are still a few things you could investigate that might lower your costs. Here is our list...

Explaining the Time Lag from Credit Card Sale to Deposit

Credit Card Batch Processing & When Money Reaches Your Account

When Do You See Money? “When will funds be posted to my account?”  That’s the second most popular question that merchants have (after “What are my fees goi...