Thu.Sep 19, 2024

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Is Customer Retention Really Better Than Acquisition for Small Businesses?

Lendio

Generally, there are two main levers that your business can pull to affect growth metrics: 1) customer acquisition, meaning bringing new shoppers through the door, and 2) customer retention, meaning keeping your old shoppers from exiting that door. Each is a necessary component of business growth, but which is more cost-effective—and which should you prioritize for your small business?

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5 reasons automation is worth the investment

Plooto

Regardless of your hesitations, investing in technology can save you and your team a lot of unnecessary headaches. If you’re on the fence, read these five key reasons why payment automation is worth the investment.

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Streamline Your Monthly Close Process with These Effective Strategies

Accounting Department

The month-end is coming up and that means it is time to close. A monthly close can be a laborious process that is dreaded by some accounting and finance departments, but it doesn't have to be that hard!

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Business trust hit with $80 million fine for fraud

Due

The Securities and Exchange Commission (SEC) has instructed Macquarie Investment Management Business Trust (MIMBT) to pay nearly $80 million for fraudulent behavior. The SEC has found MIMBT guilty of antifraud and compliance provisions of the Investment Advisers Act of 1940 and parts of the Investment Company Act of 1940. “It is alarming that a fiduciary took advantage of retail mutual funds it advised and executed unlawful cross trades to mitigate its overvaluation of fund assets,” said Eric I.

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Before you take the next step, learn how you can mitigate the risks of opening a restaurant

Credibly

Table of Contents Pros and cons of owning a restaurant The top risks of opening a restaurant—and what you can do to turn them into opportunities Financial risks Operational risks Marketing and reputation risks Turn venture risks into opportunities.  If you’ve been in the food industry and you’re looking to expand your footprint, you know better than most the risks of opening a restaurant.

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Civil claim opened to recoup $100m from the parties involved in Francis Scott Key Bridge disaster

Due

The Justice Department announced a civil case has been opened to recoup $100m in damages from the parties responsible for the Francis Scott Key Bridge disaster. The U.S. District Court for the District of Maryland heard the motion against the actions of Grace Ocean Private Limited and Synergy Marine Private Limited. “The owner and operator of the DALI were well aware of vibration issues on the vessel that could cause a power outage.

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Federal Reserve’s unexpected policy shift

Due

The Federal Reserve, the central banking system of the United States, recently wrapped up a pivotal meeting that has left the stock market in a state of uncertainty. The meeting, led by Jerome Powell, the Chair of the Federal Reserve, unveiled a surprising announcement that has sent shockwaves through the financial world. Surprising announcement from the Federal Reserve Contrary to previous statements made in July, Powell announced a 0.5% cut in interest rates for September.

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Top Thanksgiving Email Sample For BigCommerce Retailers In UK

Grit

Thanksgiving may not be a traditional holiday in the UK, but savvy BigCommerce retailers know it presents a golden opportunity to connect with customers and boost sales. UK businesses can leverage this trend to create engaging email campaigns as the American holiday gains traction globally. This post will showcase the top-notch Thanksgiving email sample tailored for BigCommerce retailers in the UK, helping you craft messages that resonate with your audience and drive conversions during this incr

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Gen X’s Retirement Woes: The Rise of Silver Squatters

Due

It’s getting closer to retirement time for Gen X — those roughly born between the mid-1960s and early 1980s. Specifically, the first wave of Gen X was born in January 1965. Since they are currently around 59 ½, they can withdraw money now without paying a penalty from their 401(k)s and other retirement accounts. However, members of this generation face an imminent retirement crisis that poses a significant challenge.

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Top 10 Black Friday Email Marketing Examples On BigCommerce

Grit

Strong Black Friday sales often signal a thriving holiday season and a lucrative year-end for companies in various sectors. While traditional advertising channels and online platforms play a role, email campaigns are crucial for any effective Black Friday marketing plan seeking to capitalize on this upcoming opportunity. This concise guide presents top-notch Black Friday email marketing examples to inspire your strategy and help you achieve optimal results during one of the year’s most hec

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