How to Accept Credit Card Payments with Stripe

How to Accept Credit Card Payments with Stripe

Credit card processing allows you to accept debit card and credit card payments at your business, creating another payment method for your customers. Some credit card processors support online payments as well. Stripe, our pick as the best online payment processor, offers a range features and competitive rates, as well as very few added fees.

To learn more about Stripe and other leading credit card processing companies, check out our best picks page for a buyer’s guide and comprehensive reviews.

What is Stripe payment processing?

Stripe is a versatile payment processor that integrates with hundreds of e-commerce platforms, shopping carts and other third-party applications that many businesses rely on every day. It offers competitive rates and a pay-as-you-go option, so you won’t have any long-term contractual obligation with the company.

Stripe is an online-focused company; it primarily works with e-commerce, mobile commerce and subscription as a service businesses. Although Stripe is an online payment processor, it can be used to collect payments in-person. Using Stripe, you can bill customers on a recurring basis, set up a marketplace where you can host third-party merchants or just accept one-time payments at the point of sale.

Editor’s note: Looking for the right credit card processing company for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs.

 

Stripe offers its payment processing services on a pay-as-you-go basis, meaning you can close your account at any time without fear of incurring cancellation fees. To start working with Stripe, you must sign a service agreement, which you can review on the company’s website. Reading this document will give you better insight into how accepting payments with Stripe works.

Stripe doesn’t set up its customers with their own merchant accounts; instead, it sets you up as

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How to Develop Emotional Intelligence in Your Business

How to Develop Emotional Intelligence in Your Business

Emotional intelligence is a key trait employers should be looking for in employees. 

According the World Economic Forum, emotional intelligence is one of the top 10 skills needed for workers at all levels of organizations in 2020 and beyond.  McKinsey Group predicts that the need for EI skills will outpace cognitive skills by 2030.  Yet in a recent article by the Harvard Business Review, only 18% of companies report that they have emotional intelligence ingrained in their culture.

Is your business in the 18% or 82%?  If you are not sure, statistically it’s much more likely your organization is in the 82% of businesses that do not have emotional intelligence embedded in their culture.

Either way, you want to know where your company stands and what its strengths and weaknesses are. Self-Awareness is the foundation of emotional intelligence at both the individual and organizational levels. You can’t grow and develop something unless you’re aware of it and know what the root causes are. Several ways to assess where your business stands in terms of emotional intelligence are:

  • Leverage current engagement and other surveys you may already be using. Many companies use their own assessments that include questions that are emotional intelligence-based.  See the EQ-related questions below to determine if any of those are on your engagement survey and you can use them to assess your where your organization stands. 
  • Conduct focus groups. While surveys are excellent for getting anonymous feedback, the context and detail that can be attained from speaking to people can make a big difference. Conducting effective focus groups that aren’t just opportunities for people to complain takes a lot of skill and planning. 
  • Complete an EI-based organizational assessment. If you don’t have an engagement survey you are using, then finding a simple tool to assess your organization’s
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How to Become a Project Manager

How to Become a Project Manager

It’s relatively easy to become a project manager (PM). Becoming a project manager who can land a gig, however, is – like anything else that’s worth the effort – a different story.

Nearly every organization needs a project manager. Resultantly, you may want to pursue a career as a PM, in part, for job security.

However, becoming a project manager isn’t as straightforward as earning a certification and finding a job. By understanding a few facts about the role, you can work toward developing the requisite skillset demanded by employers.

Editor’s note: Looking for the right project management software for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs.

 

The way most people become PMs

Many executives and team leaders find themselves fulfilling the role of a project manager. Often, they accept a job offer utterly unaware that, one day, their employer will task them with leading a project.

Certification isn’t necessary to become a project manager. Most entry-level project managers have already earned an advanced degree and have had their superiors thrust them into the role without training. Alternatively, some professionals realize that they might enjoy project management and pursue certificate training to meet that goal.

If you’ve already earned a bachelor’s degree and want to become a PM, start by assessing your current skill set. Then, figure out what skills you need to earn to fulfill the role.

Once you’ve determined what you need to learn, you’ll need to search for learning opportunities. After you’ve earned your certification, you’ll want to take advantage of every chance to use your new skills in your current role.

You’ll also need to develop a plan for segueing into the role of a full-time project manager, perhaps by consulting with human resources personnel.

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Guide to Local Franchise Marketing

Guide to Local Franchise Marketing

Franchising is regarded as one of the most effective methods of expanding a business. However, underlying the successes of most franchises are marketing struggles, especially in regard to enabling each branch to maximize its marketing potential.

This is more difficult, not because of having branches in multiple locations, but as a result of the fact that each branch is under the control of a semi-autonomous franchisee. Therefore, any marketing strategy that does not guarantee the success of the local branches has failed already. Nevertheless, the digital revolution has opened up more opportunities for franchises to succeed through more localized marketing strategies.

Franchise marketing challenges

Franchise marketing can seem like a puzzle. Franchises are able to project their brand image further by maintaining consistency across all their branches. On the other hand, blind replication of strategies and ideas across platforms can be counterproductive. 

Therefore, franchisors struggle between maintaining cohesion and permitting creativity. Letting the franchisees determine much of the marketing would result in disjointed tactics. Placing too many restrictions brings poor results since a franchisor is only as successful as their franchisees are. All of the problems of franchise marketing flows out of these principal challenges:

  1. Lack of uniformity: Consistency is the bane of every franchise marketing strategy. However creative franchisees want to be, without a uniform brand identity, voice, customer experience, and overall marketing, there is only so little they can do. 

  2. Lack of localization: Franchising places most of the marketing responsibility on the headquarters and it seems the role of franchisees is only to receive orders from the top. In this age of digital media, that may not be applicable anymore. It is not enough for a franchise brand to be well-known, it is important that its franchisees are prominent as well in their local markets. Demographics differ, as

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Business Financial Advisor Jobs, Vacancies

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By means of a single integration with us, we join you to all small businesses and provide you with the data and know-how to accept more purposes, decreasing acquisition costs and protecting your model by decreasing declines. Many shoppers we work with instantly see asset primarily based financing as a significant competitive benefit, enabling them to improve relations with suppliers and grow gross sales with new or present customers.

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Everytime you sell a product, you will be entitled for a commission. … Read More...