Category Archives: Business

Advantages to Small Businesses when offering payments by credit cards to their customers

 

Consumers use less and less bills and pay a considerable percentage of their expenses with “plastic money”. Due to the fact that today there is a large number of shops that accept card payments , everything is more practical for the customer, who no longer needs to load the ticket portfolio or spend time withdrawing money. Establishments that accept only “cash” are left behind.

Is it worth accepting cards?

The first benefit for the merchant or the small businesses that accepts credit cards is to offer this convenience to the customer. But technology also facilitates sales in installments, whose rate of delinquency caused losses to the owners of the stores. Selling to debit or credit, there is no danger of default for the merchant – if you approve the purchase, you receive the money anyway. Considering the different types of cards and the positive aspects any Business should check the credit card processing for small business and make use of those services.

These positive points should be placed on the scale when considering the negatives. Of course the practicality of the cards has a cost . The rate charged for each transaction varies according to the brand and the issuer, but is around 3% for purchases made by debit and 4.2% with credit (when it exceeds six installments, it reaches approximately 5% of the value of the sale).

In addition to the percentage on sales, there is the rental of the machine , which can also be free, according to the negotiation (and in the case of capture by cell phone, when it is necessary to acquire that technology).

Types of cards

Learn about the main types of cards and their characteristics:

Credit

If a merchant makes a sale by credit card, he receives the value in 30 days (in cash purchases), or a percentage per month in the case of sales in installments . The customer pays the purchase on the next invoice.

Debit

With the debit card, the purchase is made in cash and the amount is debited immediately from the account of the owner and goes to the account of the establishment. The amount is credited the next day .

Private cards

This is the name that the exclusive cards of a trade receive. They are issued to be used only in that establishment – they usually offer discounts and promotions for users.

Hybrid private cards

This type differs from the previous one because it has a trademark , and can be used in accredited establishments, beyond which it can be used for the same purpose (in commerce to obtain discounts).

Business

It is the so-called corporate card that some people designated by a company can use in activities related to professional practice. It can be used for the acquisition of supplies, payment to suppliers, daily expenses and other purposes.

 

Simple Ways to Determine if Your Small Business is in Trouble

Every small business is bound to see ebbs and flows. These could be due to seasonal changes or the ties of a business’ product or services to varying seasons. There are many reasons why a small business may see increases and decreases in cash flow throughout the year or over several years. However, it is also important to know the signs that your small business isn’t simply in a “slow” period, but that the business is trekking towards ultimately failing. Here are the key signs that will help you realize when a small business is not sustainable.

Sales Are on a Steady Decline

This one is obvious. In order to stay viable, your small business must be turning a profit in order to stay open. It is important to be consistently tracking each and every sale, as well as overall sales volume, extremely carefully to determine if sales are in a slow period, or if sales are becoming extremely stagnant, to noticing when sales are truly on a decline.

You Are Losing Key Employees

While some employee turnover comes with running any small business, losing key employees (especially ones who have been with you for a long time) is a huge cause for concern. Additionally, pay attention to the reason that employees are leaving. It could be as simple as a need for more ergonomic desk chairs, or something more complicated that needs to be addressed.

Employees are Struggling Financially

The most common reason employees leave a company is because they find a similar job elsewhere with better pay. Take a look around to size up the financial security of your employees and determine whether or not they are earning enough money. Finding out an employee is consistently utilizing cash advance loans to pay for groceries in between paychecks is a good sign he needs a raise. Otherwise, he may soon be headed someplace else.

Your Website Traffic is Down

It is absolutely essential to closely monitor your website traffic volume as well as key statistics, such as how long people stay on your website and how many pages they view before leaving. Even if your company does not have an e-commerce component, most people in the digital era will vet a company online prior to making a visit or a purchase decision. This can be easily done by utilizing free software like Google Analytics.

There is No Buzz Surrounding Your Business

There should always be people talking about your business. This can be in a wide-scale component, such as having press releases being published or people approaching your team members to discuss your business. It can also be as simple as individuals leaving positive reviews on social media sites or on sites like Yelp!

You’re Borrowing from Peter to Pay Paul

This is one of the biggest signs that show when a small business is no longer sustainable. However, it is also one that most frequently goes ignored. Actions such as using one card to pay off another, or needing to wait until the very last day to keep the lights on may seem like little things, but they are definite signs that your small business is in trouble.

You Have Less and Less Competition

While you may initially read that sign as a positive thing, it most surely is not. If the market for your product or service is growing in demand, you should be seeing more competitors pop up, rather than competition dying out.

These signs are all surefire ways to know when your small business is in trouble. However, there are ways to turn it around, even after you notice these symptoms within your small business. There is a wealth of resources that outline specific instructions and best practices on how to keep a small business from closing. By paying attention to these signs of turmoil, you will be better equipped to get ahead of the issues and to right the ship to success for your company.

Choosing the right Office Chairs for your Business

 

An office is an integral part of any Business and for an organization to run smoothly and effectively it is highly needed to have a good office premises. Cleaning and maintaining an office premises is alone not enough, there should be all kinds of necessary materials and equipment and good infrastructure that sets the right ambien-109315_632083_Face and creates a mood to work is equally important. This is possible by having the right office furniture in place. Any employer who cares for his employees will set up right office furniture for them to work well.

When it comes to office furniture, apart from the desks, cabins and table, what matters the most are the office chairs. The office chairs plays a vital role in offering the comfort a person requires to do a work. It is obvious that any person in a work environment spends hours sitting together doing a task or activity and hence the ergonomics of office chairs really matters a lot for them to stretch a little accordingly as they work heavily.

There are office chairs sydney that are available in the market that can offer the people working in any office to have the right amount of relaxation and comfort when they work. Providing the necessary comfort will always make employees appreciate their employer’s care.

76403_401289_FBy checking out the latest office chairs at CrazySales, Business owners and office space managers who take care of office furniture can get some good idea on what kind of office chairs will be suitable for their Business environment and not just that they can also choose form various models that are available. Based on the type of job like computer job or simple desk, they can always choose a chair accordingly to the type of job being performed.

Not only that there are some good discounts and hot sale offers available on office chairs, bar stools and other types of office furniture too. It is very easy to order online and get a fast, safe and secure shipment and delivery too. There are some customer rewards program available on their sale and also to make them feel more reliable about their online shopping easy return policies are also given. By checking how many people have bought these office chairs and other such furniture online and have happy and satisfied they are will really motivate you and any Business owner to get your next office chair over online with Crazy Sales and get your office decorated with their them.

 

Home Based Opportunities that are available today

 

These days with the advent of Internet, advanced web technologies and cloud concepts for data storage and networking, it has become easier to connect with people and more than communication and processing information, developing applications, working with data has paved way for Businesses to save on infrastructure and provide opportunities for people to work from home and make an income. More than that by knowing about the right home-based business opportunity a profitable business which helps people to start their own business online and make money.

There are several ways to make money online and also several ideas to start an online business. However, to do them and run a profitable business there are several tips and techniques to be followed which are also discussed in several informative magazine sites related to finance. There are some important things to note down before beginning to engage in an online business and these tips are provided in very few sites. While identifying them you can look for those articles that discusses upon identifying opportunities and that will help you to read if they are genuine or not.

The very first thing is to get the expertise to see if a business opportunity over online is genuine and once you get that clarity you can choose the right opportunities and invest on them without hesitation. If you cant evaluate opportunities you will end up wasting time on ideas that wont suit you. Also, there are few things such as dedication, not investing whole money in one opportunity and making diversified investments and having multiple businesses alone can help you to ensure smooth running of business and regular profits and steady income through them.

Even if it is over online or working from home you need to put same hardwork and spend some dedicated time and focus and channelise your efforts in the right way.

 

How to start and run a successful Liquor Business

 

There are some businesses that has been always considered to be very profitable no matter what is the market situation or economical situation. One of such businesses is the liquor business. Wherever it be, very remote in some interior part of the state or at heart of the city we can always see people pouring into a liquor store or a liquor segment of a restaurant. Also, unlike some of the businesses, liquor is not a seasonal business too and offers several alternative options to sell based on the interests of the customers.

How good a business be, it requires the right attitude and efforts to run it successfully and this comes by experience and expertise to look for right things and setting up right goals and achieving them in time. Following are some of the aspects that will be required to run and also will help to run a liquor business successfully,

– Margin and Profit Goals
This is required to be decided first as the pricing will be done accordingly and only based on the returns and from when profit will be realized after break even, the investment amount can be decided.

– Knowledge and Expertise
It is obvious that knowledge on liquor is definitely required to run the liquor business and expertise can be got through experience. This will help in choosing the different types of liquors and brands that will sell well in an area.

– Liquor license requirements
Like some of the businesses, running liquor businesses such as liquor store etc would require a specific liquor license from alcoholic beverage control CA and this can be obtained with the help of liquor license advisors who help in buying or selling liquor licenses.

– Location
Where the business will be set up, store location is a major factor in deciding the sales volume