Each stage of building a business presents unique challenges. Once you finally have money coming in, you need to decide where you’re going to keep it. For most companies from large corporations down to sole proprietorships, a business bank account is essential. But there are a few things you need to know before you can open one…
Conversational commerce is revolutionizing ecommerce
Chris Messina, the innovator behind social media hashtags, coined the term "conversational commerce" in 2015, describing it as "utilizing chat, messaging or other natural language interfaces to interact with people, brands or services." As the number of brands offering undifferentiated products increased, it gave rise to the paradox of choices wherein...
How to read a mortgage escrow statement
If you own your home, there’s a strong chance you have an escrow, or impound, account with your mortgage lender. This account is used to pay property-related expenses like taxes and insurance, which are wrapped into your monthly mortgage payment.
As the end of the year approaches, you’ll probably be receiving…
How business owners can protect their reputations and mitigate the worst threats — both internal and external
There are many ways a company's reputation — and thus its business — can take a hit, from a publicly shared controversial opinion to a major data breach to poor customer service.
A company's performance and success used to be viewed in terms of tangible assets, like product output, said...
Return on investment (ROI) and what it means for your business
Return on investment (ROI) is a financial ratio that calculates the level of income generated by a specific investment. Learn more about ROI, how to calculate it in your business, and why it’s so important to understand the results of your calculation…
How to Kill it With SEO for Your SaaS
A growing number of online entrepreneurs and businesses are realizing that even with a great SaaS, getting your offering the exposure it needs to provide you with those big returns, in a sea of highly similar and competitive options, is a major undertaking.
You can absolutely focus on paid acquisition strategies and social...
5 questions to ask when buying index funds
If your eyes glaze over when hearing the term “index funds,” you’re forgiven. But the dull, mathematical spirit of index funds is part of what’s made them such strong investment vehicles for decades running.
These vehicles are built to track various market indexes, which makes them an inexpensive and diversified option compared…