Blog Posts | Page 49

Chargebacks happen to every merchant. In fact, you probably won’t be able to eliminate all chargebacks as long as you keep accepting credit cards. The best you can do is to contain them and reduce them to a small number. What is left is just a part of the cost of doing business.

Financing allows those who are wavering on a purchase because of the price to buy from you right away and then pay for the goods/services in installments in the future. This way, you don’t lose a sale to sticker shock. This is called customer financing or, sometimes, consumer financing. Broadly speaking, you can provide customer financing yourself, or you can use a third-party financing specialist. As to how to do either, along with their pluses and minuses, read on to find out.

If you’re wondering how business loans work, you are probably in the early stages of research for getting business financing. You have taken an important first step: gathering information about what the process is like and learning what to expect if you continue your search for a loan.

The Paycheck Protection Program (PPP) is bringing much-needed relief to small business owners affected by the coronavirus. Not only does this loan program provide funding to help cover payroll and other expenses, but if used for qualifying purposes, your loan will be forgiven. In this post, we’re going to help you understand how you can qualify for PPP loan forgiveness.

Small business owners and the self-employed have faced particular challenges and frustrations, as many were unable to get a PPP Loan during the last round of funding despite applying as soon as the funds became available. The good news is that on April 21, 2020, the US Senate passed a bill authorizing the addition of $310 billion to the Paycheck Protection Program (PPP), which offers forgivable loans to businesses affected by the devastating COVID-19 outbreak. Just know that once it’s signed into law, it might be another day or so before the SBA can reopen the program to new applicants.

In response to the woes facing the economy, the US government has allocated funds to help support businesses throughout the country. Read through for the full details on how you can receive forgiveness on your EIDL emergency advance.

The SBA’s COVID-19 EIDL portal closed on May 16, 2022, and is no longer accepting applications, requests for increases, reconsideration, and appeals due to a lack of any more available funding.

If you own a small business and have employees on your payroll, the PPP loan may benefit you. Keep reading to learn more about this program, how to know if you qualify, and how to navigate the application process with ease.

You don’t have time for errors or constant checks between the front and back of the house, and you need a convenient way to track and organize orders. Kitchen printers can dramatically improve the accuracy of orders, making customers happy, and by popping up immediately in a place where cooks can see and hear the tickets coming in, they can help you turn your tables around faster and increase your revenue.

Many small business owners facing financial challenges have applied for the EIDL program. As with other SBA loans, the EIDL program isn’t exactly the fastest source of funding. The addition of the CARES Act and expedited processing of loans has made it possible to receive funds faster than ever, but many business owners are still in the dark about when funding will come through.