Payments & Collections

Broward SCORE supports South Florida Minorities

Date
Fri, 2014-03-21 01:02

Broward SCORE Participated in South Florida Minority Supplier Development Council’s 29th Annual Business Exposition on March 21st, 2014.

SCORE Volunteers Angelica Love Valentine and George Gremse informed attendees about SCORE services and discussed business counseling and workshop programs.

These days, it’s easy for almost any small business to tap into the electronic payment system and accept credit and debit cards along with other types of e-payments. And there are plenty of payment processors competing for your business.

The tough part, say payment experts at MasterCard, is comparing costs and finding the processor that’s right for your type and size of business. Simply opening what’s called a “merchant account” to process payments is the easy part. Knowing you’re getting the best deal possible is what’s difficult.

It starts with understanding the different entities that process credit, debit and prepaid card payments.

For example:

About the Author

Daniel Kehrer headshotDaniel Kehrer, Founder & Managing Director of BizBest Media Corp., is a nationally-known, award-winning expert on small and local business, start-ups, content marketing, entrepreneurship and social media, with an MBA from UCLA/Anderson. Read more of Daniel's tips at www.BizBest.com, follow him at www.twitter.com/140Main and connect on LinkedIn at www.linkedin.com/in/danielkehrer.
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Running a Profitable Company

Summary

Running A Profitable Company

Summary

This free online business workshop will help you with: identify tips to help you run a profitable company.

Managing Your Cash Flow

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Managing Your Cash Flow

Summary

This free online business workshop will help you: identify ways in which you can mange your company's cash flow.

Preparing a Cash Budget

Summary

Preparing a Cash Budget

This free online business workshop will help you: identify ways to prepare a cash budget for you company.

Mel Ettenson of SCORE Detroit shares advice for effective invoicing.

Small business owners agree that invoices are more fun to give than to receive. But paying more attention to your invoicing can give you insights into the inner workings of your business—and might be a smart way to increase profits, too. A simple bill just states the exchange of money for goods or services. A well-thought out invoice, on the other hand, can be a tool to help you get paid faster and build your business.

Here are some innovative ways to use invoicing for maximum benefit:

About the Author

Mel Ettenson is a SCORE mentor in Detroit, MI, whose expertise is in sales, marketing and distribution. For your free mentoring appointment, visit www.score.org.

The Worcester Business Resource Alliance (WBRA) is a loose network of business professionals, technical assistance providers, lenders, and community development organizations that provide services to entrepreneurs, small business owners and managers in Central Massachusetts. Each month, representatives meet to collaborate and update each other on upcoming events. Current WBRA member organizations are outlined for the convenience of prospective clients at http://wbra.wordpress.com/organizations/.

The latest update of upcoming WBRA business events is found at http://wbra.wordpress.com/upcoming-events/.

SCORE's CEO, Kenneth R. Yancey, provides 6 tips for receiving payments more quickly.

More companies are paying slower these days—which can mean big problems for small businesses that rely on timely payments to keep their cash flow healthy. Using a few simple tactics when creating and sending invoices can keep your business in the black.

This paper will outline ways to stay ahead on your business accounting and financial paperwork. These simple weekly steps will save you major at tax preparation time as well as providing useful ongoing operational financial information to guide your business decisions.

About the Author

30+ years of retail experience with two Big Box corporations, managing numerous multi million retail outlets within New Hampshire. Experience included meeting or exceeding operational goals, profit, expense control, and customer experience.

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