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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Best Payment Processing for Small Businesses

biz2credit

Every small business has to get paid somehow. That’s the whole point of running a business, right? But a thrift store and an insurance company get paid in different ways. Retail outfits, like thrift stores, are just one of many types of businesses that need payment processing solutions. Payment processing for small businesses is an … Continue reading "Best Payment Processing for Small Businesses" The post Best Payment Processing for Small Businesses published first on.

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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 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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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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