In a recent survey conducted by TSYS (Total System Services) 78% of Americans stated they prefer to pay by credit or debit card while only 9% prefer to use cash. This is a trend that is continuing and the small business owner needs to be educated and account for this change. There have been many changes to liability laws regarding EMV card transactions and here we’ve provided a breakdown of the differences.
Karen Erdelac
Recent Posts
Topics: PCI compliance
Small Business Growth Strategies For 2017
In order for small businesses to remain competitive they must take some tips from their larger competitors when it comes to growth. There are many different strategies that can be used and the type you choose will mostly depend on your financial resources and your competition. While most owners recognize the need to grow, many are unsure of how to go about it. It’s important to first take a look at the different types of strategies available and then determine which ones will bring about the best results. This can take some trial and error but becoming familiar with your options can streamline the process. Here we’ve outlined six of the most common ways big business uses to increase their market share. While many small business owners may be familiar with these strategies, few have dedicated the time and resources to making them work. In today’s business world if you’re not growing, you’re shrinking, and if the need for growth is ignored, small businesses stand to disappear completely.
Topics: Small Business
Inspirational Quotes For The Holiday Season
The holidays can be a busy and stressful time for small business owners and employees. Making the holidays special for your workers can go a long way towards loyalty and productivity. Those that feel appreciated are sure to work hard for your company. Here we’ve compiled some classic quotes to help keep you in the holiday spirit.
Topics: Holiday
Planning The Perfect Restaurant Event
Events are a great way to increase restaurants revenue, gain exposure and develop a customer base. A well planned affair provides the opportunity to build relationships with patrons and showcase what you have to offer. There are many different components that will determine your success. Each one requires careful planning and a buy in from your employees. The customer experience should be the main focus as the whole point is to expand your clientele. If pulled off correctly a restaurant event can bring in business and revenue well into the future. Since there is a significant investment involved it’s important you are well prepared. Here we’ve outlined some of the most important aspects involved in event planning.
Topics: Restaurant
Showing Your Appreciation This Veteran’s Day
Most will agree that our veterans deserve our respect and appreciation. This Veteran’s Day consider coming up with some creative ways to thank them. Small gestures can go a long way and big ones are also needed. Your efforts should be focused on both your employees and customers. There are thousands of ways you can show our veterans they are appreciated. Here we’ve outlined a few great ways to do so.
Topics: Holiday
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