Is your current bank failing to keep pace with your business’s growth? Perhaps its high merchant service fees are cutting into margins, restrictive loan rates are stunting your growth, or payroll processing services are a pain. These are just a few of the reasons businesses outgrow their banking partners. Choosing a new bank that better…
As a business owner, you’re intimately familiar with sales. But when, specifically, does a sale occur? Is it when you receive cash or when a customer payment hits your bank account? Or, is it when you deliver an item, perform a service, or when the customer receives your invoice? Recognizing revenue is not just posting…
Fraud is something every business owner has to contend with. A recent Cybersource report found that 2.9% of all ecommerce revenue is lost to fraud—meaning out of every $10,000 your business generates, you could potentially lose almost $300 to scammers. A fraud prevention strategy helps minimize losses and deter scammers from targeting your online store.…