Category Archives: Credit and Collections

8 Small Business Credit Card Tips

Company credit cards are a necessary evil for most small businesses and while we’ve visited this topic in the past in Small Businesses and Credit Cards, we only really looked at credit card fees. Obviously when selecting a company credit … Continue reading

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More on Business and the CARD Act

We did a posting on March 11th on some new legislation that had recently passed, the Credit Card Accountability Responsibility and Disclosure Act. The posting described how the act had important new protections for individuals but did not apply to … Continue reading

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Borrower Beware

Sure, the normal phrase is buyer beware, but in the current credit crunch and the troubles of CIT Group the phrase borrower beware is important for small businesses. Here's an interesting article that stresses that any small business who sometimes … Continue reading

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New proposed legislation on interchange fees

A new measure called the Credit Card Fair Fee Act has recently been proposed as legislation in the U.S. House of Representatives. The measure would address the interchange fee that businesses pay banks for credit card-related purchases. This comes on … Continue reading

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Credit Card Warning

BusinessWeek had an informative article recently on some new policies that credit-card processors are beginning to implement due to the recession and increasing business bankruptcies. Some credit-card companies have begun to demand that business owners have a cash reserve with … Continue reading

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A Really Useful Site

Every so often we find something really useful to pass along to you and today’s one of those days.  The site is called "Biz Tool Kit", a service of the James J. Hill Reference Library.  According to their web site, … Continue reading

Posted in Advertising, Marketing and Positioning, Credit and Collections, Customer Service, General Business, Human Resources, Inventory Control, Motivation, Sales and Salesmanship | Leave a comment