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

business advice Blog Posts

By First American Merchant

Feel free to give us a call for more info 1-800-210-5649

5 Money Management Tips to Keep Your Business Afloat

Tough times come and go. Of course, you want your business to be permanent and strong. To muscle through uncertainty and economic downturns, your business will need to adopt and maintain solid money management. If you find handling cash flow difficult and time-consuming, you’re not alone. In fact, nearly half (42%) of small business owners admit managing cash flow is a big challenge. But maintaining working capital is a must if you want your business to succeed, rain, or shine. The following tips will help you learn how to manage your small business’ money effectively and develop good financial habits: […]

Read More…

3 Ways to Support Black-Owned Businesses Moving Forward

After weeks of protests, many Americans have stepped back and are asking themselves some serious questions. Specifically, “What can I do differently”? If you are one of the many wondering how you can make a difference and create lasting change to reduce long-standing racial disparities, one easiest ways to get started is to support black-owned businesses. While this might seem like a small piece of a massive puzzle, it is something that can make a big impact, especially if it is something people continue to do long after the spotlight has lifted from the issue. Here are a few tips […]

Read More…

4 Things We Can Learn from Female Political Leaders amid Covid-19

It’s sad that we still consider our women second best after men in many aspects of life. This disregard continues even after a woman has worked hard to earn an administrative or leadership role. But Coronavirus has led to a new revelation regarding women and their ability to lead. For some reason, women have shown more resilience and creativity when it comes to surviving a crisis. Perhaps it explains the many recent feminine headlines praising the critical role of women political frontrunners from all corners of the globe. Being a leader or owning a business is not an easy feat […]

Read More…

Powerful Motivation Techniques to Inspire Your Whole Team

Team members respond best when they know they are contributing to a larger purpose, greater than themselves. They crave a work environment where their input is taken with respect and consideration. They want to continue to grow and develop their skills and creativity. Since people differ in what truly drives them, a leader’s prime responsibility is to identify what those motivational tactics are. Keeping both team members and leaders fully engaged in the organization’s goals is what will guarantee long-term success as well as weather the storms. Here are 13 powerful motivation techniques to take your team to the next […]

Read More…

Retail Inventory Management Tips for the Holidays

The holiday season accounts for 20% of the retail industry’s annual sales. It’s often responsible for up to 30% of some individual retailer’s sale. Based on 2016 ecommerce statistics, gift cards are the most desired holiday gifts. The biggest days of sales for retailers and ecommerce businesses are on the 22nd and 23rd of December. According to the National Retail Federation (NRF), holiday sales are projected to increase 3.6% – 4% for a total of $678.75 billion to $682 billion in 2017. This is up from $655.8 billion in 2016. Since holidays are such an important time of year that […]

Read More…

4 Ways Using a Credit Card Can Build Your Credit Score

Having a bad credit score can be a nightmare, especially for the new entrepreneur. Your credit score is made up of five major components. Focusing on each of these components is key to establishing and maintaining a good credit history. These components will affect your FICO score (the score lenders will use to determine your credit risk): Payment history (35% of total credit score) Credit utilization (30% of total credit score) Length of credit history (15% of total credit score) New credit accounts (10% of total credit score) Mix of credit accounts (10% of total credit score) But what if […]

Read More…

Common Difficulties New Entrepreneurs Face Today, and How to Overcome Them

Congratulations! You have finally waved your nine-to-five job goodbye and are ready to get your business off the ground. However, expect a rocky road to a satisfactory destination. Creating a profit-generating and self-sustaining enterprise is not an easy task. The first few months are often the toughest, as an entrepreneur struggles to get a good share of the overly competitive market. Nonetheless, you can remedy most of the challenges you’ll face as the owner of a new business. Let’s have a look at some of them below. Choosing the right business The world of commerce treats bad ideas harshly. Many […]

Read More…

3 Things You Can Do To Keep Your Business Thriving

One of the key things that can kill your small business is lack of business capital in the early stages of development. It’s no stretch to say you may face something unexpected in your way. These could be sudden construction costs or something related to ensuring your business is due to existing industry regulations. Such unexpected things will almost always result in extra costs. Have Enough Capital When Launching Your Company When starting your business, you should do your best to have enough resources so to be able to overcome hindrances that may appear in your way. Lack of capital […]

Read More…

How to Get Your Business off The Ground

Growing a business into a thriving venture is no easy task. It’s a winding journey through a path full of unglamorous work. Many entrepreneurs will tell you it’s their passion that saw them through the most challenging moments along the way. However, there are tips that can guide anyone to see their business off the ground and put it on its path to material growth. Instil an air of confidence There a lot of uncertainty at the early stages of growth of a business. That will normally remain the case until your enterprise becomes a little more established. During this […]

Read More…

Business Advice Galore: How To Rank Higher On Google Searches

You can look at internet searches as a sort of monopolizing issue. Many times, those who pay more play more; i.e. those who pay a lot of be featured are. Not every merchant can afford this, and thankfully now there are many things that merchants can do to avoid paying – and still get featured higher up on a Google search. First, use Google Metrics or another metric-based tool to analyze what triggers a good search result for your business. You may need to do some tweaking of your website and content formatting to get higher on the list, but […]

Read More…