6 Fraud Tactics You Need To Be Aware Of As A Business Owner

Running a business is hard.

From the smallest mom and pop shop to the largest multi-national corporations, keeping your lights on and your doors open is a tall order.

There are countless things you have to consider and take care of when you're running a business.

You have to take care of your employees, your customers, stock your inventory, market your business, scale your business, and take care of your finances, to name a few.

If you're running a business or you ever have, you know it's a 24/7, 365 job.

Even when you're on vacation, you're tending to your business.

At home with the family? You're probably at the very least thinking about your business.

It's hard, and no one in the business world is going to deny that.

And that's when everything is going smoothly.

When things go wrong, it can turn into pure chaos.

If your supplier misses a shipment, an employee calls out sick, or your accountant puts a comma in the wrong place on your balance sheet, it upends everything you're doing.

Another thing you have to worry about is fraud.

Some people in this world would rather leech off of the people who work hard and commit fraud rather than working hard themselves.

In the article below we will talk about six fraud tactics that every business owner should be aware of.

source https://www.emscorporate.com/news/6-fraud-tactics-to-be-aware-of

10 Creative Ways To Show Employee Appreciation

One of the most important parts of a successful business is the employees that operate it.

Business owners are important, but they can't do everything alone.

They need a team of dedicated employees that support the business, share its vision, and want the business to succeed.

Finding the right employees for your business is also one of the hardest things to do.

You not only need to find qualified employees, but you need to find employees that fit in with your company culture.

And once you find these employees, you need to be sure they stick around.

Replacing old employees and training new employees takes time and money, and it often slow downs the progress of your business.

So it's imperative that the best employees stick around.

One of the best ways to get them to stick around is to show appreciation.

No one wants to work hard for someone else without feeling appreciated.

Below we will discuss ten creative ways to show your employees appreciation.

source https://www.emscorporate.com/news/10-ways-employees-appreciation

Cash Register vs. POS Systems | Which is best for your company?

If you're starting a business or looking to improve an existing business, there are many things you need to consider.

Especially for a new business, the list of to-do's can be very daunting.

Wouldn't it be nice if we could flip a switch and have everything set up and ready to go?

Unfortunately, that's not how things work in the real world.

Most things, especially starting or improving your business, take a lot of hard work to complete.

Near the top of your to-do list, though, should be how you are going to ring up customers and process sales.

A business that can't accept money isn't a business at all.

Up until recently, you didn't have many options when it came to processing sales.

You picked out the cash register you liked, plugged it in, and you were ready to go.

Technology has changed everything though, and the way you process sales is no different.

Now you have the choice between cash registers and POS (point of sale) systems.

In the article below, we'll talk about cash registers and POS systems, and help you decide which is best for your business.

source https://www.emscorporate.com/news/cash-register-vs-pos-systems

7 Ways To Maintain Effective Relationships With Your Customers

A business isn't a business if it doesn't have on critical thing; customers.

If you don't have anyone buying your products or services, you don't have a business; you have a hobby.

Customers bring in money, and money makes the business.

That's why there are billions of dollars spent every year by companies trying to find customers and bring them to their business.

Finding customers is time-consuming and very expensive.

So, once a business has found a customer, they need to be sure to keep them as a customer.

They need to incentivize them to come back, to keep shopping with them.

To keep using their services.

A loyal customer is much cheaper than a new customer.

Once you've found a customer, and turned that customer into a loyal customer, you need to build a strong relationship with them.

If everything is done right, that customer will turn into a fan, and they will buy things just because you're selling them.

Then, they will tell all their friends about you, which is word of mouth advertising, which is free.

That's the best kind of marketing.

So, how do you build those strong customer relationships?

It's a lot easier than acquiring them in the first place.

Below, we'll discuss seven ways to strengthen customer relationships.

And, most of them won't cost you a penny.

source https://www.emscorporate.com/news/maintain-effective-relationships-with-customers

5 Mobile Credit Card Processing Myths Busted

Although still relatively new, mobile credit card processing is on the rise.

What we thought couldn't be any more convenient, taking a single card out of your wallet to pay for something, has somehow gotten even easier.

Credit cards are slowly killing cash.

Are we about to witness mobile credit card processing kill the credit card?

The benefits are innumerable for both the business and the consumer.

Mobile credit card processing is more convenient, the business can streamline their POS system, and they gain access to a new world of business opportunities based on data collected from their customers.

However, mobile payments as a whole remains a hotly debated topic among retailers, customers, and industry experts alike.

Maybe it's because humans are generally resistant to change.

When credit cards were first introduced, no one trusted them over cash.

Even when banks first became mainstream, people would still rather keep their money in a safe at home.

Every innovation takes time to evolve. Mobile credit card processing is no different.

Moreover, with every innovation, comes a laundry list of myths that keep it from breaking through.

Myths that are either completely made up, or are based on false information.

In the article below, we will bust five myths about mobile credit card processing.

source https://www.emscorporate.com/news/5-mobile-credit-card-processing-myths-busted

What Every Business Owner Should Know About Merchant Servicing

What To Know About Merchant Services As A Business Owner

Automated transactions have revolutionized how businesses run today.

They make everything run faster, smoother, and in a more convenient way for both the business and the customers.

However, despite all the strides that have been made many people still do not understand how these systems work.

One of the least understood is the concept of merchant servicing. So what is it and what can you gain from it?

This post offers an in-depth look at what every business owner should know about merchant servicing.

source https://www.emscorporate.com/news/what-to-know-about-merchant-servicing

How to Market Your Nashville Restaurant

How to Make Your Nashville Restaurant Stand Out

source https://www.emscorporate.com/news/promoting-nashville-restaurants

Opening A Merchant Bank Account? 10 Things You Should Know.

Is your new business ready to start accepting payments from your customers?

If so, you might be ready to open a merchant account so that you can accept credit card payments.

But what exactly is a merchant account? Isn't a business account good enough?

Before you start looking for a merchant account, you should know a little about them, so you know what to expect.

There are several things you should consider, like:

• How long will it take?
• How much paperwork is involved?
• Will it be underwritten?

Those questions and more will be answered below, as we go over the ten things you should know before you open your merchant account.

source https://www.emscorporate.com/news/10-things-opening-merchant-account

Do I Need A Merchant Account Before I Start My Business?

Should I Open A Merchant Account Prior To Starting My Business?

Have you decided to start your own small business? Are you choosing to accept multiple types of card payments from your clients or customers?

If so, you may have researched and found − or been advised to do so − that you need a merchant account.

Do you really need a merchant account? 

Yes.

But it's more than just a simple 'yes.'

Should you get your business up and running before you open this account? Or, should you open the account prior to welcoming in your first customers? How does a merchant account get set up?

With all of these questions popping up, there is a lot to learn!

Let's take a look at a few things regarding opening a merchant bank account before starting your small business.

source https://www.emscorporate.com/news/merchant-account-before-starting-a-business

Differences Between A POS Terminal and A Credit Card Machine

Credit Card Machine vs. Point-of-Sale System

We live in a day and age where automation is a requirement for any business to thrive. It could be anything from automating orders to inventory.

Getting transactions on this bandwagon is particularly beneficial. It allows you to save on time, maximize service delivery, and secure your business’s profits.

When it comes to automation of transactions, there are two primary options: POS systems and credit card terminals.

So what exactly are the differences between these two popular systems?

In this post, we offer the answer in the form of a comprehensive comparison of the two, to help you if you are considering an upgrade you will have a better idea of what works best for you.

source https://www.emscorporate.com/news/pos-terminal-vs-credit-card-machine

How to Choose the Best POS System for Your Business?

 

Picking the Best POS System for Your Company

 

Choosing the right POS System for your company is a lot like dating. 

You, the business owner or manager, are the young, attractive romantic interest. There are hundreds of POS vendors out there competing for your attention.

A quality POS system can make life a lot easier, but with so many options out there, how do you choose?

As a business owner or manager, you have all the power. All it takes is a little research and maybe a few phone calls, or a trial run.

Soon you’ll be settling into a POS partnership that just feels right.

Picking the best point of sale system for your small businesses, retail store, or restaurant starts with knowing what to look for.

So, what’s your type?

source https://www.emscorporate.com/news/best-pos-system-for-your-business

3 Benefits of Using MaxxPay for Your Salon

3 Benefits of Using MaxxPay for Your Beauty Salon Business

source https://www.emscorporate.com/news/3-benefits-of-using-maxxpay-for-your-salon