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Q: Credit cards are a great way to bring in cash immediately. What should a small business know about setting up and managing these transactions?
A: A lot of small businesses don't realize how accepting credit cards can help their business, beyond just making it easier for their customers to pay.
Average tickets are higher with credit cards than with cash, and credit card acceptance can increase sales by 20-30%.
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Q: What are some finance-related technology trends that small businesses should be watching?
A: In a recent study, nearly 75% of small businesses said they would purchase a tablet in 2012. More than ever before, you can start, run, and grow your business using devices like the iPad. And with the increased flexibility to accept payments anywhere, many businesses are stepping outside of their storefront to sell at fairs, tradeshows, events, parties - anywhere.
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Read more! Download this month's FREE ExpertAnswers: Grow Your Cash Flow with Credit Transactions
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Visit score.org today to connect with a SCORE Mentor and get help with improving your business cash flow!
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