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10 Tips for Picking a Payment Processor 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.
This free online business workshop will provide tips for getting and staying profitable.   
Managing cash flow is absolutely necessary for small business survival. After all, wouldn’t running your business be much harder if you can’t figure out where your funds are going? And while small businesses generally invoice for smaller amounts, using an informal process to handle
Almost all businesses accept debit and credit cards these days – even service businesses and B2B ventures. Having a way to accept a card is critical when you get ready to operationalize and start your new business. You’ll need a merchant account –an account provided by
According to the World Trade Organization’s World Trade Report 2012, the U.S. is the world’s second largest exporter goods and the largest exporter of services in 2011. With over 95% of consumers living outside of the U.S., expanding your business internationally can provide access to
Credit Risks As a buyer, your company may want inexpensive credit and in the case of commercial buyers, credit can provide better business opportunities, such as being able to resell goods first before having to pay for it.  As a seller, the high cost of the initial investment in
SCORE Tip of the Week: How Smart Invoicing Can Boost Your Profits Mel Ettenson of SCORE Detroit shares advice for effective invoicing.
SCORE Tip of the Week: Use These Invoice Tips to Get Paid Faster SCORE's CEO, Kenneth R. Yancey, provides 6 tips for receiving payments more quickly.
Sometimes, no matter what precautions you take or how well you manage your receivables, there are just some customers that won’t pay on time, even if at all. But, there’s still hope for you to get the money you deserve. Here are 5 ways to deal with late paying customers: 1.
When extending credit, beyond setting up your credit process to properly vet customers, it’s also important that you make managing those receivables a top priority. Just because you made a sale doesn’t mean you’re going to get paid. It’s important to find ways to “

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