How To
Many business owners get into a business to pursue a passion or a dream. Others want to be their own boss. Either way, nobody really shows them the back-end processes that HR, IT, and accounting departments take care of at a larger company. Wouldn’t it be nice if you could focus on doing the things you love and leave all that paperwork behind?
Unfortunately, most business owners don’t get to live that particular aspect of the dream. The average SMB owner may spend 16 hours per week on administrative tasks. Marketing, payroll, accounting, and inventory are just a few regular concerns—not to mention surprises.
Good news: many of these how-tos can be automated by the latest software developments. Your payment processing company can integrate with accounting, inventory, and even HR functionalities to smooth out back-end processes.
Every debit and credit card payment facilitates the organization of your inventory and an exact accounting of your sales numbers. In our blog posts, you’ll see how the most up-to-date payment solutions (hardware and software) can make your business day run much more smoothly.
There are some business how-to’s that can’t be automated. We’ll cover those as well in some of our blog posts: how to open a bar, how to scale your SaaS company, how to upsell, how to lower food costs…there are lots of exciting ideas in a variety of industries that we’ll explore in our business how-to articles.
How Long Can You Stay Afloat? The Truth About Cash Burn Rate Most Owners Ignore
Know your burn rate—because guessing your cash runway isn’t a strategy. ECS Payments helps you stay in control.
Reducing Billing Errors: Tips for Maintaining Invoice Accuracy
Small billing errors can lead to big issues—lost payments, disputes, and delays. Discover how invoice accuracy protects your bottom line.
Recession vs Depression: How To Protect Your Business
knowing the key differences and outcomes of a depression and a recession can better help prepare your business to succeed no matter the economic climate.
The Ultimate Guide to Electronic Invoicing: How It Works, Benefits, and Best Practices
The Ultimate Guide to Electronic Invoicing explains how digital transformation in accounts payable enhances efficiency, reduces bad debt risk, and simplifies payment collection for small businesses.
Implementing Dual Pricing to Reduce Credit Card Processing Fees: A Guide for Business Owners and Accountants
Merchant pricing models always involve costs for accepting credit cards. When reducing processing fees isn’t feasible, implementing dual pricing can help. Here’s an overview of dual pricing and its legal considerations.
How is XRP and Ripple Designed for Payments?
Ripple XRP could be the future of payments as it bridges two different currencies in a way that is easier to manage and send than current methods.
How to Qualify for a Merchant Cash Advance: A Step-by-Step Guide
Merchant cash advances are easy to apply for. Providers care more about your processing than your credit and you will simply need a few things to qualify.
How to Improve Business Cash Flow
Understanding your business’s cash flow is essential for conducting a healthy financial analysis and making informed decisions
Friendly Fraud: What Is It And How To Avoid It?
Friendly fraud does not involve third-party criminal activity. Rather, it occurs when a cardholder purposely or accidentally issues a chargeback.
How To Accept Payments Over The Phone
Learn why businesses need to accept payments over the phone, their benefits, risks, costs, and seamless integration tips.
How To Accept iPhone Payments
Accepting as many forms of payment as possible, including iPhone payments, will always benefit businesses by catering to a broader market share.
How To Scale Your Saas Business
Claim your market share of the growing SaaS industry? Scale your SaaS business through social media, content marketing, trade shows & sales teams.