Business
Set a Budget, But Avoid These 4 Pitfalls
Setting a budget is key to your business’ growth and prosperity, but it’s important that you do it right if you want to reap the benefits.
Setting a budget is key to your business’ growth and prosperity, but it’s important that you do it right if you want to reap the benefits.
Many times people assume that their bank is the best place to turn for credit card processing, which is rarely true. Most banks do not actually do credit card processing in house. Even very large banks like Wells Fargo, Citigroup and Bank of America outsource that business to a third party like First Data. Small banks are often even worse, and they outsource their processing to a reseller of a credit card processor. Read more
In an article in Entrepreneur.com, Richard Branson (of Virgin fame) writes about the art of calculated risk. Read more
We all know what makes a business grow – networking. Business success is all about relationships, and schmoozing enables relationships. Read more
Recent legislation passed by the Senate would create a $30 billion lending program and provide small businesses with $12 billion in tax breaks, including more generous write-offs for equipment purchases. Read more
Microfinance is a means of offering micro-loans to empower struggling entrepreneurs in developing nations. Results from microfinance efforts have shown intense promise at uplifting the impoverished, and as such, the US and other nations have spent more than $2 billion on microfinance in the last 15 years. Read more
Last Friday, Felix Salmon, in a post entitled Signature Debit Refuses to Die, uncovered a seemingly nefarious scheme by Chase with respect to a promotion Chase is running (called Commuter Cash) for New York City transit riders. But the reality is probably not quite so nefarious as Felix suggests. Read more
In my last post I talked about why you should leave your corporate job and join a startup. In this post I want to talk about how you can get a job at an awesome startup like FeeFighters.
Outright, online accounting software for small businesses, seeks to streamline business accounting. How are they different from other business accounting sites? Let’s take a look.
Lots of times FeeFighters users ask us what a personal guarantee is and when/why they have to sign on. This week’s kick addresses that issue as Sean talks the basics on personal guarantees.
FeeFighters recently spoke at a utility conference about how its participants can save money on credit card processing. After analyzing one of the participants’ credit card processing statements, we realized they could save 25% or about $30,000 annually on their credit card processing fees.
Last week, I had the pleasure of speaking at the Extreme Entrepreneurship Tour. My task: inspire students to consider becoming entrepreneurs. One of my pieces of advice was to expand professional social networks by joining LinkedIn.
We were having lunch with our friends Sunir and Mike from Freshbooks, and Sunir mentioned the event SOBCon. I had no idea wtf he was talking about, but he then explained that SOB stands for Successful Online Business.
By the time we talk to business owners, many have been burned by a credit card processor. They reach out because they have been lied to, promised lower rates, and altogether feel cheated.
Many business owners in these uncertain times are looking for a way to turn around their flailing businesses.
We had a great time submitting, organizing, and speaking on our panel on financial institutions and startups. Here are some photos from the event and a great summary from moderator Felix Salmon:
I was reading the New York Times, learning from Thomas Friedman about the myriad of Islamic uprisings that are about to occur and I was presented with the attached ad.
