Archive for December, 2012

Managing a Successful E-commerce Online Store

Tuesday, December 18th, 2012

Thanks to the Internet, online businesses throughout the world are able to operate 24/7 and reach a global customer base. Customers can add items to an online shopping cart, and check out easily and securely.

It’s predicted that in 2014 ecommerce is expected to reach $250 billion in the US alone. Businesses that are established or just getting started can certainly take a piece of that pie.

There are some key things to consider, however, that can help an online business be as successful as possible. Integrating the right software for inventory management and accounting is one aspect. Check out this article from Business.comblog for more information.

12 Tips & Advice for Small Business Owners

Tuesday, December 18th, 2012

Are you looking for some quick tips or advice for your small business?

Starting a small business is exciting and sometimes scary. Making specific decisions on how best to grow your business isn’t always an easy task.

Real estate mogul Barbara Corcoran reveals her Top 12 tips for small business owners.

From ‘not being afraid to make mistakes’ to ‘choosing only really good people’, she offers some excellent advice that can help any small business with their individual challenges. Check out the Forbes.com article here.

Smart Phone Credit Card Processing for Restaurants

Monday, December 17th, 2012

Credit Card TerminalWhen it comes to processing credit card transactions at restaurants, there are several options. Traditionally, standard registers or POS (point-of-sale) systems were all that any restaurant needed.

Today, identity theft is on the rise and consumers are rightfully very protective of their credit card information. Some are very uncomfortable letting their credit cards out of their sight.

With the advent of new technology, there are now mobile options. These mobile options not only allow customers to swipe their own cards at restaurants but also provide an added convenience to customers, particularly when they are in a hurry.

Check out this article that goes into more detail about portable credit card machines for restaurants.

Get a Business Loan from a Small Bank or Big Bank?

Monday, December 17th, 2012

Unless you’ve got a money farm, getting a business loan is one of the first steps for all new businesses in getting off the ground. One common question that is asked is, ‘is it better to get a business loan from a small bank or big bank?’

The truth of the matter is that there are advantages and disadvantages to each option. Large banks usually have lower interests rates, while small banks don’t rely as heavily on a borrower’s credit score for approval.

Learn more about the pros and cons of each option to help you decide what is best for your business in this article from Business.comblog.

Need to Accept Credit Cards Online? Here are 5 Tips.

Sunday, December 16th, 2012

For any new online business owner, there are many things to learn along the way. One major lesson is in regard to payment processing. How exactly do customers’ credit card transactions happen that allow payments for your goods or services to be deposited into your account?

 Well, it starts with getting an online merchant account. Depending on the goods or services you’re offering, your business will be classified as either low risk or high risk and rates will vary based upon this classification.

Once you have a merchant account, you’ll need a shopping cart and payment gateway. To learn more about the basics of online credit card processing, check out this article from Business.comblog.