sales@firstamericanmerchant.com
Give us a call for more info 1-800-210-5649

Set Your Business Goals and Make Them Happen!

As a small business, setting goals is always beneficial. Have a detailed strategy that outlines milestones and ways in which you’ll measure performance and progress. From improving marketing reach, cutting expenses or getting your business organized, these tips will help you triumph in all your small business goals. Know What Your Strategy Is Before Setting Your Small Business Goals While planning your small business goals for the year, it is key to keep the big picture in mind. This will help keep you strategically focused and on track with your goals. According to London Business School professor Elsbeth Johnson, important […]

Read More…

Accept Credit Card Payments To Get Clients To Pay Faster

Getting clients to pay their invoices on time is one of the great banes of every business owner’s existence.  Your clients’ prompt payment ensures that you don’t experience an interruption to your business’s cash flow. Without it you are forced into a state of limbo, unable to purchase more equipment, hire someone if necessary, or simply be paid for the work you do. So how can you ensure that your clients will be more willing and able to pay you on time? Check out these 10 strategies: Invoice quickly. As soon as the service is rendered, send the invoice to […]

Read More…

Small Business Resource and Bookkeeping Tips

Bookkeeping may have not been at the top of your list of reasons as to why you became a small business owner. Perhaps you hated your accounting class in college, or you really never thought of yourself as a “math person”. Regardless of the reason, bookkeeping is a crucial skill that needs to be learned in order to succeed as a business owner. So, What is Bookkeeping? Bookkeeping is the process of recording and organizing a business’s financial transactions. These transactions can include purchases, sales, receipts, and payments made by an individual person or organization/corporation. Bookkeeping is the number one […]

Read More…

Remote Work for Your Small Business Employees

When we think of office space, we think of our place of work, but sometimes the office can be an obstacle for work. That may seem strange to think about at first but give it further thought.  Do you deal with stress from traffic commuting to and from your office? Once at your office are you finding distractions from co-workers, phones ringing or the AC being too cold? Do you feel like there always seems to be something that isn’t your work that’s taking your attention?  Recent data shows that remote work has drastically grown to 159% in the last […]

Read More…

7 Scams Small Business Owners Should Know & Avoid

As a rule, scammers target smaller businesses instead of larger ones. Small businesses don’t have as many resources to fight fraud as big ones. This article is about the common scams that you, as a small business owner, should avoid. Also, it’s about a reliable and cheap small business loan you need to grow your company. Small Business Loan & Scams Scammers are getting more and more sophisticated day by day. They’re getting better at finding ways to hack businesses. Theft, financial statement fraud, and misuse of assets… Let’s go through the common types of small business scams you should […]

Read More…

Managing Costs Wisely While Expanding Your Small Business

There comes a time in a businesses’ life cycle when it experiences a successful launch, which is soon followed by success and growth. Although reaching this point is incredibly exciting and has proven the viability of the business, a new set of obstacles and challenges must be met head on. At this stage of growth, the small business owner begins to get pulled in a myriad of directions: managing an increasing level of revenue, attending to customers, dealing with the competition, and accommodating an expanding workforce, just to name a few. As your business continues to grow and develop, so […]

Read More…

A Brighter Future for Mobile Contactless Payments as PCI Rolls Out New Standard

The PCI security Standards Council has rolled out a new regulation that could increase contactless adoption rates and transactions. This newly crafted standard is special because it will enable customers to pay through a retailer’s off-the-shelf smartphone or mobile device. Contactless payments enable customers to buy items or services with their debit, credit or smartcard (a.k.a. chip card) through RFID tech — or, smartphones and mobile gadgets like tablets using or near-field communication (NFC). All contactless-ready banking applications used in smartphones and mobile devices rely on near-field communication. PCI’s new regulation is titled Contactless Payments on COTS (commercial off-the-shelf devices), […]

Read More…

Recovering from a Rejected Business Loan Request in 4 Steps

Declined loan requests are one of the cases in business when expectations can lead to serious disappointments. After believing against all the odds, it can be heartbreaking when your loan application finally gets rejected. That’s why you need a plan B for when things turn sour. Therefore, as you toil to gather credentials and prepare your application process, always think about what happens if you fail— and plan for it. Borrowing with this kind of mentality and preparedness can help you pick up your pieces and act swiftly in the case of a denial. So what can you do if […]

Read More…

US Consumers Now Pay More with Debit Cards than Cash

Paying with Debit cards is the favorite payment method among US consumers, according to a report from a survey supervised by the Fed Reserve. It seems customers in the US are paying more with debit cards than they are doing with cash or other e-payment options. The report – titled Diary of Consumer Payment Choice 2018—is the fifth edition of an annual survey and is usually based on an all-inclusive customer-base with consumers who keep a record of all their transactions –including bills and purchases— over a couple of days. 2018’s edition featured more than 2870 US customers who kept […]

Read More…

Stay On Top Of Your Small Business Finances With These Tips

It is no mystery that running a small business has its fair share of challenges. The myriad of tasks that a business owner must perform in a single day can include seeking potential customers, keep spending under budget, keeping customers happy, as well as keeping your employees happy. It’s only natural that the stressed and time-starved business owner would rather shy away from analyzing and managing the financial health of their organization. However, not managing your finances will spell disaster for your small business. Here are eight tips to get you motivated to stay on top of your small business […]

Read More…