Swipe fees are relatively small charges that banks impose on every credit and debit card transaction. Considering how many credit and debit card purchases there are, swipe fees add up quickly for retailers, consumers and credit card companies. According to a 2013 study prepared for the Merchants Payments Coalition, “Americans made an estimated 25.4 billion credit card purchases in 2012 with a total value of $2.4 trillion.
No matter what size, everyone needs a business plan. Check out these tips on how to build—or revise—yours.
One of the most overlooked management tools for small business owners is the business plan. Not only is it useful in helping business owners obtain needed capital, but it enables the owner to do some valuable "big picture" thinking regardless of whether additional outside capital is needed.
StyleBell.com president and ecommerce impresario Sapna Parikh dishes about the online retail marketplace and its ever-changing landscape.
Sapna Parikh, president of StyleBell.com, based in Princeton, New Jersey, is a self-professed tech junkie with a passion for numbers. So, it's no wonder that her ecommerce retail operation has grown at a rapid pace since its 2007 inception. But the brand's growth has also been a result of Parikh's integrity, which impacts everything from her direct dealings with manufacturers to her focus on customer service. Her staff of 10 even includes a stylist to help create the professional touch she prides herself on.
Not everyone is a superstar. Here’s how to deal with those who have less-than-ideal work behaviors.
Lucy is late again. Bob left last night without cleaning his part of the store; and it’s the third time he’s done that this month. Regina frequently stocks the shelves in a way that the products all look as if a minor earthquake has just struck with boxes and bottles stacked haphazardly.
It's good to help the less fortunate, but protect yourself with tax-savvy tips regarding charitable contributions.
Oftentimes when natural disasters hit the United States or elsewhere in the world, government officials are slow to respond. But Americans always step up. In the past few years, we've seen this generosity time and again in response to disasters in New Jersey, New Orleans, Florida and around the world (most recently in the Philippines). Within days, millions of dollars and donated goods (water, food, clothing, etc.) pour into charities with dedicated resources to help the victims of a devastating storm or earthquake.