Sat.Jan 04, 2020 - Fri.Jan 10, 2020

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Top BSA/AML Blog Posts: Cannabis, SARs Topped the List in 2019

Abrigo

Key Takeaways The most popular BSA/AML and fraud blog posts in 2019 related to staying on top of regulatory changes. BSA and compliance officers wanted to read about SARs, risks tied to cannabis-related businesses, and preparing for CAMS exams. Regulatory change in focus. Bank Secrecy Act (BSA) and compliance officers at financial institutions in 2019 remained focused on staying on top of all of the regulatory changes occurring in the space, and it showed in the articles on Abrigo’s blog that we

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Is Your Ego Sabotaging Your Small Business? (Flowchart)

Fundera

As a small business owner, you’ve worked hard to get to where you are today. You deserve a pat on the back—or maybe two or three. However, it’s important not to get too accustomed to those pats on the back! As you achieve success, your employees, coworkers, and maybe even your clients strive to please you more. They may listen more attentively to what you have to say and agree with you more often.

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What’s the best payment method to fuel the subscription economy?

GoCardless

Where should your search for the perfect payment method start? That depends on what you’re offering - or more specifically, how you’re offering it.

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Protecting Your Restaurant’s Network in the Age of Hackers

Wellen Business Credit

With retail computer network breaches becoming increasingly common and garnering more media attention, restaurant owners have a responsibility to keep their customers’ personal and financial information private. Preventive strategies can help keep your customers’ information safe and your business running. Here’s some advice you can use to help keep your restaurant’s network secure.

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Fine-Tuning ALM Strategies for 2020

Abrigo

Key Takeaways If you don't feel like your modeling results are relevant, then it might be time to ask different questions. Shift your ALM model from a static to a dynamic approach to find more value in your results. Strapped for time to implement these strategies? Consider leveraging valuable resources to help. If the primary goal of your asset/liability management (ALM) process is centered on meeting interest rate risk reporting requirements, then it’s likely that your institution views ALM as

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Best Drone Business Ideas for 2020

Fundera

If you’re looking to start a business , then working with drones might be an exciting business venture to consider. After all, drone sales are expected to surpass $12 million in 2021. These unmanned aerial vehicles are attracting more consumers with their striking features, including high-quality cameras that capture pictures and video, built-in GPS, auto-pilot functions, flight speeds exceeding 50 miles per hour, Bluetooth capability, and more.

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Artificial Intelligence in BSA

Abrigo

Key Takeaways The most popular BSA/AML and fraud blog posts in 2019 related to staying on top of regulatory changes. BSA and compliance officers wanted to read about SARs, risks tied to cannabis-related businesses, and preparing for CAMS exams. Artificial Intelligence in BSA/AML. Artificial intelligence is one of the biggest buzzwords in the anti-money laundering (AML) community.

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10 Sales Forecasting Methods for Your Business

Fundera

Managing your business financials is no easy feat, especially when you have to project future numbers to create your yearly budget, for example. While it would be great to tap into a crystal ball to see how your business will perform in the next several months, there is a real solution that can help any business owner: sales forecasting. Sales forecasting methods are one of the many ways in which you can look toward the future of your business and take steps right now to improve your future sale

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What Is a Unique Selling Proposition?

Fundera

For almost every market, there are multiple competitors seeking the eyes and dollars of the same customers. So how do you get your business to stand out? Your unique selling proposition is key to your business’s marketing strategy and overall success. After all, if no one knows why your products or services are special, why will they choose them over all the other options out there?

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22 Common Project Risk Examples and How to Minimize Them

Fundera

Project risk is an unpredictable event that causes a project to not go as planned. As a small business owner, you know there’s no such thing as a risk-free project. There are numerous circumstances that can delay your projects and cause you to spend more than you anticipated. . Here are 22 of the most common examples of project risk, along with helpful tips to manage them.

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Best Daycare Franchise Opportunities for 2020

Fundera

If you’re thinking about joining a franchise , then consider entering the daycare industry. With 47 million children under the age of 12 and increasing dual-income households, demand for child daycare services is rising. The child daycare services market is projected to grow up to $520 billion by 2022 , a significant jump from the industry’s $339 valuation in 2018.

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How Successful Women Entrepreneurs Raise Funding (Infographic)

Fundera

It comes as no surprise that women make positive impacts on various business endeavors. Their ability to calculate risks while putting their egos aside and prioritizing collaboration are just a few ways women make great leaders. Even though women have a harder time landing investors than men when it comes to business funding, over 50% of workers would rather work for women-led companies.

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How to Start a Pressure Washing Business

Fundera

How to Start a Pressure Washing Business in 6 Steps. Write your business plan. Register your business. Secure small business startup funding. Obtain permits, licenses, and business insurance. Market your business. Know your employer responsibilities. If you’ve been wrestling with the idea of starting a business in the pressure washing industry, you’ve picked a rewarding challenge.

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Best Laundromat Franchise Opportunities for 2020

Fundera

There are several advantages to buying a franchise over starting your own business from scratch. With a franchise , you’re backed by a widely recognized brand, you often receive business support from the franchisor, and you have the convenience of following a proven business plan. Many laundromat franchises have these benefits, and more. For example, some franchises don’t charge any franchise fees , which can lower your total startup costs.

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How to Start a Courier Business

Fundera

How to Start a Courier Business in 4 Steps. Draft a business plan. Choose a business entity and register your business. Get business insurance. Fund your business. In a world where delivery reigns supreme, the demand for courier businesses runs high in most places. There are some large incumbents in the space—mostly those brown trucks and white vans with purple and orange lettering on the side—but there is also a massive part of the market that exists alongside these major companies.

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How to Start a Drone Business

Fundera

How to Start a Drone Business in 6 Steps. Define your services. Register your business. Secure funding. Obtain your remote pilot certificate. Purchase drone insurance. Market your business. If you’re looking to start a business centered on an emerging and exciting piece of technology, consider operating your own drone business. . The increased number of drone sales and certified drone pilots is triggering noticeable growth in the market.

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The 15 Best Franchise Opportunities of 2020

Fundera

If you’re looking for a new business venture, but don’t want to take on the difficult work of developing your own brand image and identity, a franchise opportunity might be the best fit for you. Since there’s already a strong corporate and management framework in place as well as guidelines around everything including marketing, merchandising, and production, owning a franchise can be a great choice for some.

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How to Write a Marketing Strategy 

Fundera

No matter how great your business idea is, if it doesn’t make money, you won’t stay in business for long. So, how do you make sure customers know about your brand and buy your products or services? That’s where marketing comes into play. Like all aspects of your business, though, marketing needs to be planned. You do have a budget to stick to, after all.

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[Report] Global payment preferences for recurring B2B purchases

GoCardless

We surveyed 4,990 businesses across 9 markets to determine which payment methods businesses prefer for different use cases.

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Payment preferences, conversion and growth: How to gain an advantage in the B2B market

GoCardless

Insights on payment preferences from over 4,000 businesses around the globe.

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14 Best Food Franchise Opportunities

Fundera

If you’ve been dreaming of opening a restaurant, you may have come across franchising in your research. While the risk of opening a restaurant isn’t quite as dire as you may think, owning a food franchise mitigates much of that risk. By entering the franchise’s established framework, you’ll benefit from the business’s name recognition, business model, training, management support, extensive network of vendors, and positive reputation.

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Best Coffee Shop Franchise Opportunities for 2020

Fundera

If you’re looking to start a franchise , you can’t go wrong with coffee. In 2019, the coffee industry generated over $80 million in revenue. Americans are obsessed with coffee and most can’t start their day without a strong jolt of caffeine to their systems. With a booming industry hitting numbers like that, you can bet that your coffee franchise will be welcomed with open arms and empty mugs. .

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