Every business knows the importance of recurring revenue, but what about the importance of recurring payments?
Though the concept of recurring payments is straightforward, small businesses often don’t think of them as a viable payment method, often because of concerns about how to implement them and how...
Building a high growth company, innovating new products and raising money is a challenge under any circumstances. But with a crashing economy and businesses in a holding pattern, accelerating your startup in these unprecedented times is an especially isolating uphill climb for founders. The bright side is that CEOs do not have to face...
Know me before selling me; that’s what Americans expect from sales reps.
In a recession, it’s critical to align with customer preferences to avoid losing sales to rivals. Competition is stiff, as people have less disposable incomes. A 2018 study by the Federal Reserve found that 40 percent of...
A master budget is a series of smaller budgets that are rolled up into one larger budget to provide a more comprehensive view of your business.
Combining an operating budget with a financial budget, a master budget is typically prepared for the upcoming year, and it can also be a...
With strict social distancing measures still in place throughout the U.S., and with so many industries taking a hit during the pandemic, many Americans are considering the next steps in their careers.
For those with a special skill set, from baking...
You’ve had a great business idea, you’ve already developed your target customer and determined the size of your market, and now you need to figure out how to reach your clients. You need to get there fast — if you drag your feet, you’ll fail to gain momentum while eating up your capital...
The COVID-19 pandemic will likely be a defining moment for retailers, changing the way they sell, deliver, and promote products.
A recent study of shopping patterns during the pandemic found that a majority of people (64%) have replaced traditional weekly shopping trips with online ordering. And retailers that...