Small Business Tips Archives

What is a Chargeback in Credit Card Processing & Banking?

In today’s business world, most transactions are made using credit cards. Credit cards make payment super easy and efficient. However, there can be one potential problem with the credit card payment system-it has chargebacks. A chargeback is when the cardholder disputes a charge on their account, and their bank will reverse the transaction using a […]

What is the Payment Life Cycle? Credit Card Processing 101

Money is at the heart of every business, allowing it to run and function. It’s straightforward to grasp how to pay using cash. However, thanks to technological advances, credit card payments are becoming increasingly widespread. Customers don’t realize what goes on behind the scenes of credit card processing because it is so fast. Where does […]

What To Do When there is a Credit Card Processing Outage

What is a Credit Card Processing Outage? When many companies or customers want to make a purchase and aren’t able to use their credit cards, it is because of a credit card outage. Usually, this occurs when there are widespread power outages, unstable internet connections, and technology failures. In today’s technologically advanced world, businesses must […]

How to Write Great Product Descriptions for Your Online Store

When you sell online, your product description is an integral part of your marketing strategy. Part of the marketing strategy is having a description that will give your customers the proper knowledge about what you are selling. The descriptions usually appear near the picture of your item to give information about how big it is […]

How to Create a Great Retail Customer Experience

When it comes to bringing in new consumers, excellent customer service is one of the many ways you can provide them with a great shopping experience. To have excellent customer service, retailers need to hire the right personnel who have interpersonal skills, empathy, and can be problem solvers. By having these skills, consumers will feel […]

How to Choose the Best Kitchen Layout for Your Restaurant

Why Does Kitchen Layout Matter? Small business owners planning to open their restaurants, delis, and other eateries should consider more than just the design and décor of their facility. The kitchen layout at a restaurant is one of the most important aspects of running a successful business. A company owner must choose how to effectively […]

How to Reduce Food Waste in Your Restaurant

If you work in the restaurant industry, you’re probably familiar with the concept of food waste. Research shows between 4% – 10% of food purchased by restaurant leaders never gets to customers, totaling approximately $1,000 of the company’s revenue per 3.3 lb of food waste. This is a common and serious issue in restaurants. Restaurants […]

What is Customer Acquisition Cost & Why It’s Important for Retailers

If you’re a small business owner, you’re familiar with the struggle of constantly trying to acquire new clients. Business owners will use strategies such as marketing and advertising to get new consumers walking through the door. But how do you measure the success of these efforts? How do you know how successful you were in […]

How to Get a Liquor License for Your Restaurant

What Is a Liquor License? A liquor license permits your company or restaurant to provide alcohol in its establishment. Depending on the state in which your restaurant is located, the license comes with distinct specific regulations. Having a liquor license may save a business owner a lot of time and money compared to having the […]

A List of Insurance Types You Need for Your Restaurant

It is critical to have insurance to protect yourself and your staff while running a restaurant. Since your restaurant is your primary source of income and livelihood, you must guarantee that it is properly covered in the event of an accident. So, what kind of insurance do you need for your restaurant? Let’s look at […]