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Off-the-shelf payment solutions look affordable and simple, but their flat fees, limited flexibility, and poor integrations often raise your true cost by 40–60% once hidden charges and extra labor are added. For a busy small retail business, that can mean thousands of dollars lost every year.
Discover why small business owners in the consumer goods sector are embracing non-traditional lending solutions to access flexible, fast, and transparent working capital.
Chargebacks are a costly and frustrating issue for small businesses, but with the right strategies, you can significantly reduce your chargeback rates and protect your revenue.
The astonishingly high inflation rates over the last few years have made everyone more aware of their spending, especially small business owners. Ongoing inflation has led many economists to believe a recession is on the horizon. But even if their predictions pass, your business can cut costs, fight inflation, and promote continuity.
As a business owner, it’s vital to monitor the pulse of your finances. Still, according to a study performed by the American Productivity and Quality Center (APQC), more than half of all business owners (56%) make decisions without having total access to their financial data. A shocking 80% reported being surprised by sudden changes in cost.
A total business solution can give you greater visibility and lead to strategic decisions. Below are five tools to help you stay out of the red.
