Accounting may not be your favorite part of owning or managing a business, but everyone running a business should embrace it. Looking at your bookkeeping and accounting results, you can find key insights that will help you grow revenue, cut costs, and steadily increase profitability. During the busy holiday season, ...
Payments are an important part of the transaction when you're running a business. To ensure you get paid and get your funds as quickly as possible, savvy business owners go out of their way to make payments as easy as possible for their clients and customers. After all, it would ...
Not every payment platform is the same: some offer many features and flexibility but may come at a higher cost. Others may have more competitive pricing, but do so at the expense of features. Business owners must do their homework to find the best deal for the right features with ...
Buy-now-pay-later makes it easier to purchase expensive items, essentially lending you the money to make a purchase in exchange for recurring repayments. Many consumers may not understand the finer details of how BNPL providers work. In fact, BNPL works differently than other common forms of credit, such as credit cards ...
Goodbye, cash; hello, mobile wallet. If you haven’t yet swiped or tapped to complete a purchase, chances are you will soon as the use of cash falls and alternative payment methods rise.1 In fact, one study finds total spend from mobile wallets2 will grow at a compound annual growth rate ...
The legal cannabis industry is experiencing rapid growth in the US, employing over 300,000 people and with anticipated sales of nearly $30 billion by 2025. Cannabis is now only fully illegal in eight states – the remaining states either decriminalized it, legalized it for medical use, or legalized it additionally ...
The original theme of this month's newsletter changed rather dramatically as the early March events in the banking sector radically altered the tone in the markets. While the focus had been a deeper dive into the “Recession vs Runway” theme for an economic landing, the failures of Silicon Valley Bank ...
Married couples seem to get a lot of breaks when it comes to finances—presumably, two people are earning (and sharing) income; they might have more choices for affordable insurance, and they often enjoy more generous tax deductions. Yet they also have to navigate tricky financial situations, such as allocating their ...
With the price of food on the rise, grocery bills are growing along with it. It can be a challenge to stick to your grocery budget while also trying to check everything off your list. But, with a little effort, you can keep your weekly grocery bill on budget. Whether ...
More than 11 million minority-owned businesses make up the economic fabric of the United States, according to data compiled by The Business Journals, and these businesses generate about $1.8 trillion in annual revenue, making up a good portion of the country’s economic success.Yet, minority-owned businesses do not receive nearly as ...
Do you have a budget? It’s a core factor in improving your financial well-being – both for today and the future. Consider this guide your “budget buddy” and get started today.What is a budget?We hear the word a lot, but what does it really mean to make a budget? At ...
Every March, we celebrate Women’s History Month where we honor women’s contributions in American History. This is a time to celebrate actions big and small that have led the way for progression. The theme for Women’s History Month 2023 is Celebrating the Women Who Tell Our Stories. These women might ...