--- title: Your Business Made Simple! (7) description: Running a business can be hard work! We’re here to help you simplify your payment acceptance, payroll & HR solutions, Commercial Insurance options, and growth strategies (7) --- # Your Business Made Simple! Select Category Becoming Successful Ben Admin Benefits Best Practices Business Financing Business Growth Business Owners Business Solutions Business Tools CalSavers Cash Flow Chargebacks Clover Commercial Insurance Company Growth Contactless Payments Credit Card Credit Card Processing Culture Cyber Insurance Digital Marketing Dual Pricing Email Marketing Employee Management ERC Financial Tips Fraud Gift cards gift-loyalty Google Growth Insurance Loyalty mobile payments Online Payroll Phishing Point of Sale Press Release Private Recession Reduce Risk of Business Fraud Reputation Management restaurant Simpay Growth Simpay Insurance Simpay Onboard Simpay Select Small Business Social Media Supplemental Healthcare Surcharging Telehealth Voice Search [Business Solutions,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-solutions) [Financial Tips,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/financial-tips) [Business Growth,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-growth) [Recession](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/recession) ### [5 Ways to Recession-Proof Your Small Business](http://simpay-8982051.hs-sites.com/your-business-made-simple/5-ways-to-recession-proof-your-small-business) Jul 17, 2023 7:30:00 AM Brace yourself. America’s economic turbulence is far from over. Some experts anticipate [inflation won’t fully end until 2024](https://www.westernstandard.news/business/economic-panel-says-inflation-wont-be-tamed-until-2024/article_6e3e2cc6-daf0-11ed-ae07-0fc5854f6ec9.html) at the earliest, which can put the squeeze on small business owners.  ![SIMPAY](https://simpay-8982051.hs-sites.com/hs-fs/hubfs/simpay-favicon.jpg?width=45&name=simpay-favicon.jpg) [SIMPAY](http://simpay-8982051.hs-sites.com/your-business-made-simple/author/simpay) [Read More](http://simpay-8982051.hs-sites.com/your-business-made-simple/5-ways-to-recession-proof-your-small-business) [Business Solutions,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-solutions) [Small Business,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/small-business) [Business Owners,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-owners) [Financial Tips,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/financial-tips) [Business Growth,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-growth) [Recession](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/recession) ### [How To Keep Prices Low During a Recession](http://simpay-8982051.hs-sites.com/your-business-made-simple/how-to-keep-prices-low-during-a-recession) Jul 10, 2023 3:46:00 PM The experts have weighed in and said America would likely continue to experience a “[mild recession](https://www.nbcnews.com/business/economy/mild-recession-now-likely-year-federal-reserve-says-rcna79405)” during 2023.  ![SIMPAY](https://simpay-8982051.hs-sites.com/hs-fs/hubfs/simpay-favicon.jpg?width=45&name=simpay-favicon.jpg) [SIMPAY](http://simpay-8982051.hs-sites.com/your-business-made-simple/author/simpay) [Read More](http://simpay-8982051.hs-sites.com/your-business-made-simple/how-to-keep-prices-low-during-a-recession) [Business Solutions,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-solutions) [Business Growth,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-growth) [Digital Marketing,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/digital-marketing) [Social Media](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/social-media) ### [What to Know About Digital Marketing](http://simpay-8982051.hs-sites.com/your-business-made-simple/what-to-know-about-digital-marketing) Jul 10, 2023 10:30:00 AM Digital marketing has changed how companies promote their business, attract prospects, communicate with customers, and more. This has happened because digital marketing works.[For example:](https://www.wordstream.com/blog/ws/2022/04/19/digital-marketing-statistics) ![SIMPAY](https://simpay-8982051.hs-sites.com/hs-fs/hubfs/simpay-favicon.jpg?width=45&name=simpay-favicon.jpg) [SIMPAY](http://simpay-8982051.hs-sites.com/your-business-made-simple/author/simpay) [Read More](http://simpay-8982051.hs-sites.com/your-business-made-simple/what-to-know-about-digital-marketing) [Business Solutions,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-solutions) [Small Business,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/small-business) [Business Owners,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-owners) [Online](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/online) ### [4 Simple Tips for Boosting Your Online Sales](http://simpay-8982051.hs-sites.com/your-business-made-simple/4-simple-tips-for-boosting-your-online-sales) Jun 26, 2023 9:30:00 AM Think about the last product you bought online. What was it? What factors influenced your buying decision? What was the overall experience like? ![SIMPAY](https://simpay-8982051.hs-sites.com/hs-fs/hubfs/simpay-favicon.jpg?width=45&name=simpay-favicon.jpg) [SIMPAY](http://simpay-8982051.hs-sites.com/your-business-made-simple/author/simpay) [Read More](http://simpay-8982051.hs-sites.com/your-business-made-simple/4-simple-tips-for-boosting-your-online-sales) [Business Solutions,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-solutions) [Financial Tips,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/financial-tips) [Business Growth,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-growth) [Recession](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/recession) ### [Five Tips to Avoid Declining Sales](http://simpay-8982051.hs-sites.com/your-business-made-simple/five-tips-to-avoid-declining-sales) Jun 19, 2023 8:30:00 AM Every business owner has been there — you don’t even have to compare sales data to know this year hasn’t been a banner year for your company. In 2022, inflationary concerns even brought a [1.1% reduction in holiday sales](https://www.wsj.com/articles/us-economy-retail-sales-december-2022-11673990047). ![SIMPAY](https://simpay-8982051.hs-sites.com/hs-fs/hubfs/simpay-favicon.jpg?width=45&name=simpay-favicon.jpg) [SIMPAY](http://simpay-8982051.hs-sites.com/your-business-made-simple/author/simpay) [Read More](http://simpay-8982051.hs-sites.com/your-business-made-simple/five-tips-to-avoid-declining-sales) [Business Solutions,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-solutions) [Small Business,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/small-business) [Business Owners,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-owners) [Cash Flow,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/cash-flow) [Business Tools](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-tools) ### [The Best Business Tools To Manage Your Cash Flow](http://simpay-8982051.hs-sites.com/your-business-made-simple/6-financial-tips-for-business-owners-in-2023-0-0-0) Jun 15, 2023 11:30:00 AM 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%)](https://www.apqc.org/what-we-do/benchmarking/assessment-survey/general-accounting-and-reporting-cycle-performance) 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. ![SIMPAY](https://simpay-8982051.hs-sites.com/hs-fs/hubfs/simpay-favicon.jpg?width=45&name=simpay-favicon.jpg) [SIMPAY](http://simpay-8982051.hs-sites.com/your-business-made-simple/author/simpay) [Read More](http://simpay-8982051.hs-sites.com/your-business-made-simple/6-financial-tips-for-business-owners-in-2023-0-0-0) [Business Solutions,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-solutions) [Small Business,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/small-business) [Business Owners,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-owners) [Business Growth,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-growth) [Recession](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/recession) ### [Effective Business Growth Strategies in a Recession](http://simpay-8982051.hs-sites.com/your-business-made-simple/6-financial-tips-for-business-owners-in-2023-0-0) Jun 1, 2023 11:30:00 AM Is a recession coming in 2023? Eric Rosengren, former head of the Boston Fed, admits a recession is “[quite likely](https://www.cnbc.com/video/2022/11/08/u-s-headed-for-mild-recession-in-2023-says-former-feds-rosengren.html).” Inflation, labor shortages, and supply chain disruptions continue to frustrate American business owners, but that doesn’t mean growth is impossible. The following business growth coaching tips can help you navigate today’s challenges and thrive, even during times of economic uncertainty. ![SIMPAY](https://simpay-8982051.hs-sites.com/hs-fs/hubfs/simpay-favicon.jpg?width=45&name=simpay-favicon.jpg) [SIMPAY](http://simpay-8982051.hs-sites.com/your-business-made-simple/author/simpay) [Read More](http://simpay-8982051.hs-sites.com/your-business-made-simple/6-financial-tips-for-business-owners-in-2023-0-0) [Credit Card,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/credit-card) [Business Solutions,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-solutions) [Business Owners,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-owners) [Reduce Risk of Business Fraud](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/reduce-risk-of-business-fraud) ### [How To Reduce the Risk of Business Fraud in 2023](http://simpay-8982051.hs-sites.com/your-business-made-simple/6-financial-tips-for-business-owners-in-2023-0) May 15, 2023 11:30:00 AM Business fraud is on the rise. The [Federal Trade Commission](https://www.ftc.gov/business-guidance/blog/2023/02/ftc-crunches-2022-numbers-see-where-scammers-continue-crunch-consumers) reports nearly $8.8 billion in losses during 2022, up from $6.1 billion in 2021. Business fraud lawyers can help you if you’ve been the victim of fraud. But your best defense is to reduce the risk of fraud before it occurs.  The following tips can protect you and your customers from scammers and other forms of business fraud. ![SIMPAY](https://simpay-8982051.hs-sites.com/hs-fs/hubfs/simpay-favicon.jpg?width=45&name=simpay-favicon.jpg) [SIMPAY](http://simpay-8982051.hs-sites.com/your-business-made-simple/author/simpay) [Read More](http://simpay-8982051.hs-sites.com/your-business-made-simple/6-financial-tips-for-business-owners-in-2023-0) [Credit Card,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/credit-card) [Business Solutions,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-solutions) [Small Business,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/small-business) [Business Owners,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-owners) [Financial Tips](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/financial-tips) ### [6 Financial Tips for Business Owners in 2023](http://simpay-8982051.hs-sites.com/your-business-made-simple/6-financial-tips-for-business-owners-in-2023) May 1, 2023 11:30:00 AM Business owners face an uphill battle. In 2023, business owners continue to fight against rising overhead costs due to inflation, an ongoing labor shortage, and [rising interest rates](https://www.federalreserve.gov/newsevents/pressreleases/monetary20220316a.htm). A 2022 Goldman Sachs survey found [91% of business owners](https://www.goldmansachs.com/citizenship/10000-small-businesses/US/infographics/april2022/index.html) struggled with economic instability and concerns over inflation. While the economy has seen marginal improvements, many economic experts predict at least a “[mild recession](https://www.cnbc.com/2022/11/08/us-likely-headed-for-mild-recession-in-2023-eric-rosengren.html)” in the latter half of 2023.  This makes financial planning for a business start-up or a well-established organization even more critical until the economy stabilizes and recovers. Financial planning allows your business to remain agile and resilient in the face of these challenges. The following tips can allow you to make the most of 2023 and empower you to thrive in any economic climate. ![SIMPAY](https://simpay-8982051.hs-sites.com/hs-fs/hubfs/simpay-favicon.jpg?width=45&name=simpay-favicon.jpg) [SIMPAY](http://simpay-8982051.hs-sites.com/your-business-made-simple/author/simpay) [Read More](http://simpay-8982051.hs-sites.com/your-business-made-simple/6-financial-tips-for-business-owners-in-2023) [Credit Card,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/credit-card) [Business Solutions,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/business-solutions) [Credit Card Processing,](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/credit-card-processing) [Contactless Payments](http://simpay-8982051.hs-sites.com/your-business-made-simple/tag/contactless-payments) ### [4 Undeniable Benefits of Accepting Credit Cards](http://simpay-8982051.hs-sites.com/your-business-made-simple/4-undeniable-benefits-of-accepting-credit-cards) Apr 17, 2023 11:38:00 AM Did you know [four out of five](https://www.fundera.com/resources/cash-vs-credit-card-spending-statistics#:~:text=Cash%20vs%20credit%20card%20statistics,they%20preferred%20spending%20with%20cash.) (80%) consumers prefer to complete transactions with a card instead of cash? If this statistic does not get you rethinking your cash-only policy, the benefits and statistics we reveal below certainly will. ![SIMPAY](https://simpay-8982051.hs-sites.com/hs-fs/hubfs/simpay-favicon.jpg?width=45&name=simpay-favicon.jpg) [SIMPAY](http://simpay-8982051.hs-sites.com/your-business-made-simple/author/simpay) [Read More](http://simpay-8982051.hs-sites.com/your-business-made-simple/4-undeniable-benefits-of-accepting-credit-cards)