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Merchants usually ask, “Debit or credit,” when you hand them your debit card to pay for a purchase. Did you know that, although debit cards and credit cards look alike, they function very differently? This blog will explain those important differences. 1. Debit Cards: PIN vs. Signature You have a [...]
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The title of this post may sound counter-intuitive. How can I improve my business’ cash flow by making payments? Shouldn’t it be the reverse? My cash flow improves when I don’t make payments. But if you choose not to make payments when your vendors and employees expect them, you probably won’t be [...]
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In a recession or stagnant economy like we are facing now, companies are more cautious and more cost conscious. They are gravitating to low risk customers and suppliers and are streamlining operations. This Three “M” business strategy are ideas to help your company in this uncertain economy. 1. Maximize Cash [...]
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