Wed.Sep 18, 2024

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Fed Lowers Interest Rates, Here’s What It Means For You and Your Business

biz2credit

The Federal Reserve announced it will lower the effective funds rate by 50 basis points (0.50%). This officially ends an aggressive rate hike campaign that started in 2022 to quell inflation that at one point reached over 9%. Now that inflation is near the Fed’s 2% target, Fed Chair Jerome Powell announced the lowering of … Continue reading "Fed Lowers Interest Rates, Here’s What It Means For You and Your Business" The post Fed Lowers Interest Rates, Here’s What It Means For You and Your B

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What Should You Include in Your Invoice Template?

Know-It Global

As a UK business owner, it’s crucial to ensure that your invoices are comprehensive, clear, and legally compliant. A well-prepared invoice not only facilitates prompt payment but also serves as a vital document in case of disputes. Here’s what you should include in your invoice, along with tips on how to write it to make it as complete as possible.

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Technology is the servant not the master

blue dot counseling

If you're a CEO and you want to upgrade your finance function to match the needs of your business, the thought process to follow is refreshingly simple and as old as the hills The post Technology is the servant not the master appeared first on Blue Dot Consulting.

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A Roadmap To Black Friday Email Campaigns On BigCommerce

Grit

Black Friday is more than just a date on the calendar; with consumers ready to spend and discover the best offers, Black Friday email campaigns can transform curiosity into clicks and clicks into conversions. Let’s dive into the essential steps and strategies for building a successful Black Friday email campaign on BigCommerce so you can make this holiday season your most profitable.

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Multiple people charged for profiting from relationship investment scams

Due

The Securities and Exchange Commission (SEC) has charged multiple entities with profiting from relationship-focused investment scams. Today (September 18), the governmental regulator took action on five entities and three individuals in connection with fraudulent behavior. According to the report, the scams were linked to crypto platforms NanoBit and CoinW6.

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Fed Lowers Interest Rates, Here’s What It Means For You and Your Business

biz2credit

The Federal Reserve announced it is lowering interest rates for the first time in 4 years. Here's what you need to know. The post Fed Lowers Interest Rates, Here’s What It Means For You and Your Business published first on.

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Trade Credit Insurance for Businesses: Definition, Benefits & How It Works

TreviPay

In today’s fast-paced and unpredictable business environment, managing cash flow and ensuring timely payments from customers are critical for long-term success. Trade credit insurance has become a vital tool for businesses looking to protect themselves from the risk of non-payment by customers. This type of insurance acts as a safety net, covering unpaid invoices when clients default or face financial difficulties.

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Leasing a Car for Business: What You Need to Know

CreditStrong for Business

Small business owners often use cars as part of their day-to-day activities. Leasing a business vehicle can be an attractive strategy for many, especially those who like the idea of upgrading to a newer car every few years. However, leasing a car for business isn’t ideal for everyone. Here’s what you should know before you try it, including how it works and when it might be better to buy.

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Why outsourced credit control is a game-changer for UK businesses: Benefits, insights, and best practices.

Hilton Baird

Why outsourced credit control could be a game-changer for UK businesses and best practices to consider when implementing this strategy. The post Why outsourced credit control is a game-changer for UK businesses: Benefits, insights, and best practices. appeared first on Hilton-Baird Collection Services.

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The Best Small Business Grants for Felons

CreditStrong for Business

If you have a criminal record, it can be difficult to find and keep employment. In 2019, there were an estimated 24 million people with felony convictions, according to a report by the American Enterprise Institute. In a study released by the U.S. Department of Justice in 2021, it was reported that a staggering 33% of people released from federal prison in 2010 were unable to find work over the following four years.

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How to Make a Business Case for New Equipment (and Why Equipment Financing Can Help)

Team Financial Group

Outdated equipment can hamper quality, kill productivity, and crush morale. So why do so many employees have to experience the frustration of gear or technology that doesn’t get the job done? One common reason is that the people who can authorize purchases either don’t know there’s an issue with current equipment or don’t realize how bad or pressing the problem is.

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How to Raise Money for a Business

CreditStrong for Business

Whether your company needs startup capital or funds to grow and expand, the need to access affordable business financing is essential. One-third of businesses struggle or close their doors due to a lack of funding. On a positive note, there are many ways to raise money for a business. Below, you will find an overview of the different types of small business funding available, along with 12 ways to raise money that you might want to consider.

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Ensource_Services

Professional Credit

Let Ensource Handle the Details Schedule a demo and see how our services can free up your team to focus on higher-value tasks. Managing patient accounts while ensuring timely follow-up is critical for maintaining cash flow and operational efficiency. Ensource provides a comprehensive suite of first-party outreach services designed to support your revenue cycle and improve patient engagement, including: Ancillary Services : Whether it’s legacy A/R work-down, mail return management, probate

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What Is A Good Dun & Bradstreet Credit Score?

CreditStrong for Business

Your business credit score is critical to the success of your small business. Earning a good business credit score makes affordable lending available and tells vendors they can trust you to keep up with payments. A good score for Dun & Bradstreet is between 80 and 100. Business credit scores work on a different scale than personal credit. So how would you know what is a good Dun & Bradstreet score?

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From Ramen Noodles to Riches: How I Learned the Secret to Wealth With Side Hustles

Due

Growing up, I had no idea what wealth was. In fact, my family’s house cost just $8,000. The kicker? To afford it, my dad had to borrow money from his ex-wife. As a result, it was obvious who was wealthy in our small town, judging by their big houses and fancy cars. My definition of happiness was eating all-you-can-eat cheeseburgers at McDonald’s on Tuesdays.

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