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Blogs Category - Industry Word

  • Being in business is exciting but it also means facing challenges and risks every day. These risks and threats to your business can come from innumerable sources, including economic conditions, lawsuits, competitors, and the weather. In order to be able to sleep at night, it’s essential that...
    June 12, 2018
  • Back in the early 2000s, I was at a party when one of the guests mentioned he was hooked on podcasts. “Huh?” was the primary response, as few of us knew what he was even talking about. My, how things have changed.Today, nearly two-thirds of Americans are familiar with podcasts,...
    June 07, 2018
  • In this article, I’m going to share some of the things I know about recession-proof franchises. But first, I’m going to define the term “recession-proof,” so you know exactly what I’m going to be referring to here. When something is recession-proof, it refers to a...
    May 29, 2018
  •  When it comes to business credit, there’s no standard scoring model for assessing risk. Lenders, suppliers, banks, leasing companies, businesses, and finance companies all use different reports and scoring models depending on which business credit reporting agency they subscribe to.Your...
    May 23, 2018
  • Eighty percent of all U.S. small businesses have no employees. The number of non-employee businesses is expected to grow in coming years, due in part to the expansion of the gig economy (e.g., Uber, TaskRabbit, Thumbtack) and favorable economic conditions. Being in business with no employees means...
    May 14, 2018
  • The term Point of Sale (POS) describes the place where retail transactions are made. Think of it as the equivalent of a cash register. POS includes the hardware and software related to transactions, such as the cash drawer, credit card swipe bar, barcode scanners, receipt printers, and more. ...
    May 09, 2018
  • Customer testimonials are still effective marketing tools. Given Americans’ increasing reliance on others’ opinions when buying everything from lipstick to enterprise-level software, testimonials may be more important than ever. Here’s what you need to know to generate customer...
    May 02, 2018
  • There’s hard work, and there’s really hard work. Owning and operating a franchise business falls under “really hard work.” Are you prepared for it? Owning a Franchise“If it was so easy, everyone would do it.” That’s a true statement, especially when it...
    April 26, 2018
  • Did you get pranked on April Fool’s Day? Even if you got through April 1 unscathed, you might still fall victim to some common marketing misconceptions. Don’t get fooled by these seven marketing myths. Marketing Myth No. 1 If my product or service is good enough, I don’t need...
    April 19, 2018
  • A business credit report is an essential tool for banks, lenders, suppliers and credit grantors in assessing the creditworthiness of small businesses. The information contained in a report provides crucial details needed to make informed credit decisions.It illustrates a company’s ability to...
    April 17, 2018

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