It seems that with every new store I visit, I notice it more and more often: Businesses replacing the traditional point-of-sale cash register with a smaller, slicker mobile device. Swiveling iPads, smartphones clutched by every employee—the type of mobile device used to collect payments varies, but their popularity in retail and restaurant environments must mean […] The post 3 Pros and Cons of Using Mobile POS Systems for Your Small Business appeared first on SmallBizClub.
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For anyone who has followed this fledgling industry for a number of years, 2017 was an impossibly crazy ride for the cryptocurrency space. Popular coins such as Bitcoin and Ethereum experienced exponential rises in price, along with smaller cap coins that created a real craze around the still-developing industry. But so far 2018 has been […] The post The Cryptocurrency Craze Has Slowed Down: What Should We Expect Now? appeared first on SmallBizClub.
Owning your own business provides a rewarding experience. As your own boss, you can set your hours and your priorities. You are also free to pursue the work that you find rewarding and fulfilling. But no matter how much you love what you do, collecting your pay remains a necessity. After all, if you don’t […] The post What’s the Most Important Part of Cash Flow? Invoice Terms appeared first on SmallBizClub.
It’s no secret that running a business is tough. You knew it long before you even started down this path. You’ve heard all the stats before—over 20% of all small businesses fail within the first year, and more than half don’t make it to five years—and everyone you spend any time with at all feels […] The post 7 Simple Ways to Ensure You Get Paid on Time appeared first on SmallBizClub.
By now you probably already know that crypto currency is a form of online money. However, there is a major difference between regular currency and crypto currency. To start off, some form of government usually issues regular currency. Crypto currency on the other hand is usually transferred from one holder to another. The process involves […] The post Crypto Currency: The Newest Investment Tool for Your Business appeared first on SmallBizClub.
With the rise of digital commerce and global payments and the increasingly interlocking global nature of business of all kinds, small business owners have a whole host of new tools and options at their disposal to compete in the marketplace. One wonderful facet of this new reality is that small business owners can enjoy patrons […] The post Offer Varied Payment Options to Boost Sales and Enter New Markets appeared first on SmallBizClub.
Blockchain technology is everywhere. The interest in cryptocurrencies increased significantly last where when Bitcoin reached $20K. Though the price of Bitcoin decreased, interest in bitcoin and other cryptocurrencies didn’t fade. Several businesses have started accepting cryptocurrencies such as Subway, PayPal, Shopify, Microsoft, and alike. No doubt, crypto payments provide businesses and ecommerce with an additional […] The post How SMBs Can Receive Payments from Crypto Holders appeared first on SmallBizClub.
Small businesses, freelancers and “solopreneurs” alike know all too well that steady, predictable cash flow is a peace of mind that is not always guaranteed. Luckily, there are some things you can be doing to mitigate those dips and help make your financials get into a more reliable state, month after month. Update Billing Cycles […] The post Have Uneven Cash Flow? 5 Ways to Smooth It Out appeared first on SmallBizClub.
In December a medium-sized business announced they would launch e-invoicing on New Year’s Day. While the company’s finance department was thrilled, their customers were underwhelmed. Most customers had their doubts — and some even refused. “Our company is not ready,” was the frequent refrain. It has been estimated that the average cost of sending a […] The post Why Your Business Will Switch to E-Invoicing appeared first on SmallBizClub.
Around 2010, a mysterious programmer (or group of programmers) known only by the pseudonym “Satoshi Nakamoto” invented what is now known as “Bitcoin.” This virtual currency exists on a technology platform called the blockchain, which is essentially a system that allows for files and data to exist without threat of copy or counterfeit to them. […] The post Will Bitcoin and the Blockchain Affect Your Small Business? 4 Reasons It Might appeared first on SmallBizClub.