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Cash flow is the key to achieving business success. Your ability to manage your cash flow will indicate the company’s success, but invoice financing is the best option for maintaining proper cash flow. What is Invoice financing? Businesses lend money to themselves against the amounts that are due from their customers through this financing method. Companies can improve cash flow, pay employees and suppliers, and invest in operations and growth earlier with invoice financing than if they had to wait for customers to pay their balances in full. Business loans are financed by paying a percentage of the invoice amount as fees to the lender. The financing of invoices can be a good solution for difficulties obtaining other types of business credit due to customers taking a long time to pay. Alternatively, invoice financing is called “accounts receivable financing” or, simply, “receivables financing.” How does Invoice financing work? Invoice financing involves businesses borrowing money against what is due from customers through a third-party lender, who in turn takes a percentage of that loan or charges a fee. This form of short-term borrowing enables a company to increase its immediate working capital, which is then used to pay off business expenses. Boosting growth by circumventing the need to wait until customers have covered their balances in full in the early days of a business can help resolve problems associated with slow-paying customers. For example, let’s say an organization like a wholesaler or retailer buys your goods or services. Most companies do so on credit. As a result, you don’t have to collect payment from your customer immediately. This means the cash you have isn’t tied down in credit lines, so your operations can grow. In addition, you will be able to access short-term liquidity, especially when you are having difficulty collecting a slow-paying account receivable. Types of Invoice factoring? There are five types of business owners, but it’s important to note that each option works differently from the other. Knowing the types and how they will help you determine which option best fits your company’s current needs. 1. Invoice Factoring Invoice factoring is the most common kind of invoice factoring applied for by small businesses. Factoring companies buy the outstanding invoices from merchants (borrowing party). On the other hand, finance companies collect payment from companies and handle their invoices on their own. As soon as the customers pay the invoices, the financing company deducts the cash advance plus any fees. After this, the remainder of the cash advance is sent back to the business. Factoring your invoices offers the advantage of not having to chase payments. However, companies without the resources to handle their payment collection are particularly vulnerable to this. There are two types of invoice factors: recourse and non-recourse factoring. (a) Recourse Factoring A common misconception is that a company is not responsible for invoices when they are sold, but if the invoice is not paid, the company must take back the money owed to its customers. If your customers default on their invoices, you are responsible for payment. (b) Non-Recourse Factoring With recurrent factoring, the credit institution assumes the full risk of the invoice. If the bill is not paid, the company makes a loss and has to bear the costs. 2. Invoice Discounting Regressfree factoring is good for companies with solid finances and reliable customers. The credit business handles payments and collection with factoring, and customers do not know that they are working with a financing company. This, in turn, enables the company to maintain a good relationship with its customers. As invoices are discounted and financed electronically, the company retains full control over its invoicing. 3. Spot Factoring Spot factoring companies sell individual invoices to financing companies. Companies with sound finances and a reliable and consistent payment history qualify for billing discounts. However, it is a one-off transaction, and the lender does not expect to do business with the borrower again in the future. Companies use spot factoring for large orders and to tie up the necessary operational cash flow. 4. Selective Invoice Financing It is the perfect option for companies in need of an immediate financing solution. Selective invoice financing is a combination of factoring and spot factoring. You select one or more invoices that you sell to the lender to finance claims with particular invoice financing. It is the cheapest way to fund a business bill. You also have the freedom to choose which account you sell. Invoice financing What Are the Benefits of Invoice Factoring? The distinction between loans and factoring underlies many of their benefits. For example, you get an upfront payment for your sales, but it’s not a loan. This is because the company buys your sales invoice from you at a discounted price. Another advantage is that the invoice is automatically taken into account. 1. Faster Access to Cash One of the most frustrating aspects of managing cash flow is knowing that you owe more than enough to meet your obligations. If you don’t pay, sellers and customers can exploit and abuse your credit terms. If you include your invoice, there is no time lag between invoicing and receiving cash. In most cases, you will receive most invoices within one to two days. Most factoring companies offer a range of flexible conditions. 2. Flexible Terms You don’t have to be tied to a long-term contract, and you can choose which of your bills you want to take into account. You can set up factoring arrangements for invoices in any way that suits you. Most types of invoicing can be taken into account. However, some factoring companies are unwilling to consider payments in advance, such as annual royalties. 3. Smoother Cash Flow Once you get cash for your sales and bills, it becomes harder to manage cash flow. There may be a sudden drop in available cash when a significant customer pays his bill. The smoothing of cash flow and the effects of factoring facilitate the management of punctual payments to sellers. As a result, less time is wasted answering calls from suppliers and juggling available cash. 4. Increase Profits Many companies find that cash factoring is free and can be used to increase profits. For example, if you can pay sellers more quickly, you can negotiate better terms with suppliers. You may also benefit from early-bird discounts. In addition, this increase in available money allows you to invest in new product development or boost marketing efforts. 5. Off-Balance Sheet Financing As mentioned above, factoring is not lending but a liability reflected in your balance sheet as a business loan with monthly repayments. As a result, your company receives a cash injection that improves cash flow without burdening the balance sheet. 6. Cost-effective Invoice factoring used to have a bad reputation as an expensive form of financing. Factoring costs depend on factors such as the type of business in which you operate, the volume and value of invoices, and the creditworthiness of your customers. However, costs have fallen significantly in recent years. You receive advance compensation of up to 95% of your sales, and invoice factoring fees can be as high as $15 7. Improved Receivables Management Depending on the type of agreement you have with your factoring provider, you can work with a company that employs a professional debt collection agent and has your claims managed by someone else instead of chasing overdue invoices. You will lose the headache of collecting. If you take your invoice into account, the factoring company operates the claim for you. 8. No Restrictions on the Cash You Receive Factoring is one of the most flexible ways to increase your working capital. Unlike a loan or lease agreement, you are not bound to buy a vehicle or equipment with your money. The money you receive from your factor calculations can be spent as you wish 9. Increase Sales Small businesses are often reluctant to offer credit to their customers because they cannot afford to wait for cash. As a result, potential customers are often companies or companies that provide credit facilities. 10. No-Hassle Approval Most companies can qualify for factoring. Factoring allows you to grant credit to those who receive the highest value from invoices. Their ability to lend attracts new customers and boosts sales. The approval for the factoring of invoices is quick and easy to obtain. You don’t need a perfect business loan, and you don’t even need a strong balance sheet. Factoring companies are only interested in the creditworthiness of your customers and will involve the company in the financial strength of your company. Is invoice financing a good idea? Invoice financing is a practical and timely solution for your company if you run out of money or experience a gap in your cash flow. You may have outstanding bills or debts to pay or expect your costs per sale to skyrocket due to temporary staffing or equipment needs. Then bill financing can be a good idea. Why might a business choose invoice financing? If your business income is low or you have several outstanding debts, your request is unlikely to turn into invoice financing, as you would with a loan from a bank. Invoice financing allows you to sell your existing bills for the money you owe and have instant access to funds instead of taking on new debt. In addition, having cash allows the company to have uninterrupted cash flow, as settling an invoice can take time and disrupt production, which can continue to cause long-term problems. For this reason, some companies opt for invoice financing. Different from a normal loan is that when companies choose to use invoice finance, lenders prioritize and focus on the amount they owe, not what they have. Why do Businesses use Invoice Financing? The flexibility of invoice loans allows you to use the money you receive for a variety of purposes. The most common use for invoice loans is to cover their daily expenses. The more cash you have to cover these expenses, buy new inventory and equipment, bridge cash flow gaps, and fix strained cash flows as seasonality increases. Accelerating invoice payment is a direct inflow of working capital. There are no restrictions on where the money goes, which gives you the advantage of using the additional working capital at will. 1. Day-to-day Operating Expenses One of the biggest problems faced by entrepreneurs is the lack of working capital. Invoice financing is a way for entrepreneurs to increase their working capital by using their receivables. Business owners can get the cash that may not be available for a few weeks by selling their bills. Once the money is there, they can use the funds provided to keep up with normal operating costs. Smart entrepreneurs draw up a financing plan and ensure that the funds come from multiple sources. 2. Purchase Inventory and Materials More money means more opportunities to benefit from good prices for stocks, inventories, and other materials. With cash available, you can buy materials in large quantities and benefit from discounted prices. By making sure your shelves are always full, you can serve as many customers as possible. You don’t have to worry about running out of material or missing out on great opportunities. 3. Bridge Cash Flow Gaps One of the main reasons entrepreneurs apply for invoice factoring programs is that they rely on cash tied into their customers “bills. As a result, they are stuck in a cycle of providing a product or service and waiting for weeks for the money. Unfortunately, many companies do not have the luxury of waiting weeks for payment. 4. Resolve Tight Cash for Seasonal Businesses With invoice credits, you receive cash immediately. Invoice financing is also a great funding opportunity for seasonal farms. As a seasonal business enters the off-season, its sales could slump, affecting the stability of its cash flow. Billing credits allow you to get cash for unpaid bills for your business during the slow season. 5. Business Growth Entrepreneurs can use invoice financing to increase the company’s working capital. The more a company grows, the greater its credit capacity. As a result, you can attract more customers, take on larger projects, hire more employees, and expand your services with more capital. Conclusion: Invoice finance remains a viable different from ancient means that of money flow management through debt finance. Unfortunately, business house owners typically overlook this answer because of a scarcity of awareness or clarity regarding however invoice finance works. source: invoice finance accelerates business growth

Are you an employer and feeling disconnected from your remote employees? Do you want to make your employees feel more connected while working from home? Stay here. This article includes 10 tips to get connected with your remote employees. Working remotely is advantageous for both employers and employees. If we talk about perks and benefits of employees in remote employees. , they are able to save the money they spend while working from the office. For example, they don’t spend their money on food and accommodation while working from home. On the other hand, employers also save money in many ways. They don’t need to spend money on office expenses like employees’ snacks, electricity bills, etc. Moreover, let’s see the tips to get more connected with employees working remotely. Employees can also benefit from these tips to feel more connected with their employers. 10 tips to get more connected with your remote employees 1. Start an open line of communication If you want to get more connected with your employees, you will need to start an open line of communication for your employees. This type of communication allows your employees to feel more connected by letting them connect with the company whenever they want. Schedule video conferencing meetings and allow them to raise any query regarding working from home. 2. Provide your valuable feedback honestly This is also a great way to increase engagement with remote employees. You can get more connected to them by providing regular feedback for their job. Your feedback makes them feel proud of the task they have completed. Using the feedback, they perform better by working on their underperforming areas. 3. Take advantage of collaboration tools Use collaboration tools like instant messaging services, team collaboration software, cloud-based services, etc. These tools and services allow your employees to communicate easily with team members. Slack is one of the best instant messaging services you can use in your organization. If we talk about team collaboration software, you can go with Zoho Connect. Cloud-based services like Google Drive and Microsoft OneDrive let your employees save their data on the cloud. 4. Schedule weekly video meetings You can conduct weekly video meetings with your employees to get more connected to them. The face-to-face interaction in a video call makes your team members more connected to you. Video conferencing is the only way to interact visually with your remote employees. So, take advantage of technology and connect visually with your company’s employees. 5. Make sure you are communicating clearly Your remote employees can misinterpret the online communications if it is not clear to them. Effective communication requires a sense of urgency, politeness, and humor. Unfortunately, all these things are not possible in online communication. So you can try from your end to make the communication as interactive as you can. 6. Provide some flexibility to your employees While working from home, your employees have other responsibilities like taking care of family and children apart from office jobs. So you should allow for some flexible working arrangements. Let them set their own working hours so they can take care of their family responsibilities. If you provide freedom to choose working hours, it will benefit your business in many ways. They are able to lead a successful life as a work from home professionals. Also, they can make required changes in their personal lives. These things make your employees happy, resulting in them being more productive towards work and feeling more connected to you. 7. Establish a fun environment in the company It is not easy to make a happy environment at work from home culture. You can easily transition an in-person work environment into fun. For example, you can celebrate the birthday of your employees. You can also offer them some snacks like pizza in the lunch hour. But when it comes to offering all these things to your employees online, it seems impossible. However, you can still try it. Here is how. If you want to celebrate the birthday of an employee, use slack to send them a “happy birthday” message. You can also make them happy by sending some GIFs. After all, you can do many more things online with your employees. 8. Create a mentor program You can start a mentor program in your company. It will help employees connect to colleagues. It is most beneficial for new recruits who haven’t built any relationship with the team members. You can take a mentor, an important resource who will solve queries of new employees making them feel connected with the company. Keep in mind that your company manager is not a mentor. 9. Celebrate your team As an employer, never lose a chance to make your employees feel proud. When you see any achievements and improvements in them, you should celebrate with them. Make your employees and co-workers feel that they are important to you and the company. Always make them feel special for your organization. By doing so, your employees will come closer to you and their productivity will also increase. 10. Plan a get together with your co-workers and employees At least once a year, you should plan a get-together for your remote employees. Go for a retreat every year with all your co-workers. Decide a location by asking your employees and choose a fine day to go there. It will make you more connected with all your team members and remote employees. Conclusion If you want to get more connected with your remote employees, you should try the above tips. It is beneficial to you as well as your employees. Kindly read the full article to know more. Visit original content: Connected With Your Remote Employees

Cybersecurity has been always important after the rise of cybercriminals. Cyber attacks are increasing with the growing penetration of the internet and technology in every field of the world. Today we are going to see the most targeted industries by cybercriminals in the world. We will also learn how to cope with cyber threats in these vulnerable industries. So, keep reading this article. If we talk about the industries that are always on top to grab cyber threats are critical infrastructure and healthcare. These two industries are prone to be attacked by cybercriminals. The critical infrastructure industry is the one that leads a country through multiple things like power, water, transport, communication grids, and more. On the other hand, the healthcare industry takes care of the country by providing all kinds of medical facilities and arrangements. And if these industries are targeted by hackers, you can’t imagine the destruction that will happen at the mass level. Further, cybercriminals often target the critical infrastructure and the healthcare industries because they are involved in an extensive use of cyber-physical systems. Wait. Do you know what cyber-physical systems are? Let me explain it first. The computer-controlled machines employed in hospitals come under cyber-physical systems. This is the system of connecting two different environments. Digitally monitored physical machines provide results with accuracy, speed, and consistency. However, they are prone to cybersecurity risks. Understanding the cyber-physical threats to healthcare Technological advancements have made the healthcare industry more equipped and effective. But with the digital penetration in the physical systems, the lives of hospital machines are at risk. Moreover, let’s look at the cyber-physical systems that can be compromised through cyberattacks. Surgical devices: A variety of surgical devices are used in the healthcare industry. For example, robots are used for surgical operations. But machines like robots are based on technology and they can be compromised. Any cyber attacks on the devices used in the hospital industry can put the life of a patient at risk by stopping working during surgery or any other medical work. Scanning and imaging devices: Hospital industry also uses scanning and imaging machines for ultrasounds, CAT scans, and more. A bad guy from the cyber world can alter the results by compromising the respective machines. Patient monitoring: Connected devices are used in hospitals to keep an eye on the patient’s heart rate and oxygen level. If such devices receive attacks, it can be extremely risky for concerned patients. Because a cyber attack can disturb the alerts to nurses. Personal health devices: Nowadays, you use several personal health monitoring devices like pacemakers, fitness trackers, oximeters, etc. These devices provide you insights into your health without conducting any medical tests. Researchers have found that a cyber compromise to these devices can deliver painful shocks to the individual. With all these things, it is now clear that the involvement of digital technologies in the healthcare industry is not without risk. That means cybersecurity in the healthcare industry is vital for the safety of patients and their providers. Understanding the cyber threats to critical infrastructure As you know the critical infrastructure industry is one of those industries that are always in the eye of cybercriminals. A single cyberattack on this industry can be devastating for all sectors: Power: Power is one of the vital resources you need to survive. If the power sector is compromised, it will be a huge loss for the country. Here is a live example of Ukraine. It is the country that has received several cyberattacks against its power grid. Water: We can’t live without water. It gives us life. If a water treatment plant is compromised by cybercriminals, it will be a devastating situation for that country. For example, the attack happened on a water treatment plant in Oldsmar, Florida. Transportation: 2019 was a challenging year for the critical infrastructure. This year, several ransomware attacks happened in the transportation sector. Such incidents continued in 2020. And on June 27, 2020, a NotPetya malware hit many countries like FedEx. This attack was planned by hackers to create mass destruction in operation resulting in over $10 billion losses. Nuclear: Once happened the attack of Stuxnet malware. It was the largest cyber attack in history. It was the first virus to go beyond hijacking and destroying the controlled equipment. Iranian centrifuges received the attack of Stuxnet malware. Fuel: The recent ransomware attack on the Colonial Pipeline stopped the supply of about 45 percent of the fuel that goes to the East Coast of the US. However, the attack was planned to impact the IT infrastructure of the company. By doing such attacks, cyber actors learned how to target the critical infrastructure. With all these things, cybercriminals are able to perform attacks on critical infrastructure resulting in the loss of millions of dollars. Practice these cybersecurity rules to deal with cyber-physical risks in healthcare and critical infrastructure Assess the system: Take a look at the risk assessment unit. Confirm it is running correctly. You need to conduct an effective investigation of the system. By doing so, you will be able to know the key areas that require attention and security enhancements. Implement the best security practices: The critical infrastructure might have poor management and enforcement in terms of cybersecurity. This industry is related to many government bodies’ cybersecurity systems. Try to adopt the best security practices in order to safeguard the industry. Take a look at access controls: If healthcare and critical infrastructure industries are not run by the correct management of cyber-physical systems, the industries will be prone to grab cyber attacks. So, it becomes vital to lead these industries with the proper management of digital devices. Secure systems that are susceptible to attack: Keep an eye on the vulnerable systems. Keep the systems updated with the latest security patches. Change default passwords: These two industries use different kinds of IoT devices. And these devices are prone to cause password issues. All you have to do is to set a strong and unique password after you employ the device in the industry. Conclusion As far as cyber threats to the cyber-physical systems are concerned, it is relatively rare. Cybercriminals mostly steal digital information to plan other digital attacks. But we can’t ignore the fact that cybercriminals are actively looking at critical infrastructure and healthcare industries. So you must secure cyber-physical devices.

It is not a secret that technology is giving the world a new dimension. It has shown a rapid increase in innovations in the 21st century. Further, we have seen how technology helped the world in dealing with the pandemic through its innovative software and computer programs. And we can’t deny the fact that one day, technology will dominate the world with its problem-solving products and services. Moreover, in this article, you will see the business and technology trends of 2021. Keep reading this guide and see the latest technology trends of the business. Top 10 latest business and technology trends Artificial Intelligence AI or artificial intelligence has always been a matter of trend after its emergence. And of course, it is evolving in 2021. AI mostly works like humans in performing different types of tasks. AI is capable of doing tasks like voice and image recognition, different types of predictions, smart home services, quick decisions, and more. It can do everything far better than humans but currently, it is being used up to some extent. VR and AR Augmented Reality and Virtual Reality have become a new way to live life. It is also a trendy technology in 2021. Several studies conducted on AR predicted that the total monetary value of the Augmented Reality market will cost around $50 by 2021. Furthermore, after the outbreak of Covid-19, virtual reality technology has become commonplace for most corporations regardless of their niches. Many businesses are using this technology for communication purposes. Moreover, these virtual technologies have created several dimensions including 3D models, AR avatars, virtual gaming, virtual sports, etc. to make human life easier and comfortable. Remote working During the Covid-19, many businesses were unable to continue their operations due to complete lockdown. Meanwhile, most of the companies and businesses adopted a new business model and continued with their business operations which is the adoption of remote working. Remote working or work from home culture has come into existence as a new work culture. It has supported both employees and businesses financially. Because of this new work culture, several new software was developed to assist companies in maintaining successful remote work. On the other hand, video conferencing technologies like Google Meet, Microsoft Teams, Zoom, etc. came to the forefront and helped businesses establish a communication system. Cybersecurity Cybersecurity is another trending technology in 2021. Increasing cyber threats have become a matter of worry for everyone whether they are individuals or a business. One needs to have robust cybersecurity to ensure digital safety. With the increasing trend of cybersecurity, remote work culture has become successful. Employees are using their personal space securely for connecting the world. On the other hand, virtual private networks are being used by most people to be anonymous while online. All these things have become possible with the evolution of cybersecurity. Also, this evolution will continue in the future. 5G technology Everyone wants high-speed internet to make the most out of technology. Further, in remote work culture, high-speed internet plays a vital role in providing robust communication. For this reason, telecom companies are actively working on the 5G technology. Some countries in the world have 5G connectivity. Moreover, the 5G technology has become a popular trend in 2021. Internet of Things or IoT IoT is going to be the future technology. Through IoT, things will come with the advantage of the internet. In other words, the things that can connect through the internet are known as the Internet of Things. With the involvement of this technology in businesses, things will become more secure and efficient. It will help in making quick decisions. Moreover, you are already using this technology in your home or office. For example, your fitness watch comes under IoT. Delivery without human presence Deliveries of eCommerce goods and services are slowly shifting from human presence to without human presence. That means, now no delivery person is required to deliver a product or service to a particular location. The product will be delivered by unmanned aerial vehicles. During the pandemic, delivery without human presence was a new delivery trend in some parts of the world like China. This type of delivery is also known as contactless deliveries. You can consider it one of the significant trends of 2021. Edge computing Edge computing is the emergence of a new tech trend that will eliminate the downsides of cloud computing. To keep it simple, edge computing allows you to store your data along with computation in a nearby location. That means you don’t need to store your data on a remote server. Moreover, you can take advantage of edge computing in storing sensitive data without any connectivity. E-learning We can’t ignore the e-learning trend in the previous year or 2021. This trend has been an advantageous thing for all whether they are students, teachers, businesses, or individuals. On the other hand, online courses have made e-learning a successful business model. Some e-learning famous platforms are Udemy, Coursera, and Age of Learning. Further, e-learning has allowed us to learn and grow regardless of circumstances. Now students can continue their studies from home through smartphones or computers. Meanwhile, video conferencing has connected the world virtually. Every one of us has used video conferencing to keep connected to our dear ones. Automation Automation has always been a trend after its emergence and of course, it is also in trend in 2021. It has played an important role in automating a particular task where there is no need for humans. The system of automation has become successful with the help of AI and robots. In fact, automation has helped businesses or companies across the globe to perform smartly through machines and technologies. Conclusion That is all you need to know about the top 10 business and technology trends of 2021. Now you can have an idea about how things are going in the world. To know more, kindly refer to the complete article. Visit original content: Business and Technology Trends

If you run a business, you usually make decisions for the well-being of your business. And getting funds quickly to give a boost to your venture is one of the most important yet difficult decisions you have ever made. Also,business fundingis one of the most faced issues by most business owners. Further, you may be confused about choosing the right option to finance your business. It mostly happens when your business requires fast cash. Moreover, we have included some scenarios you might come across in order to run your business and what is the right action you can take to deal with such situations. 4 scenarios that require you to get fast business funding 1. You want to commence with your first venture If you are on the way to get your first venture off the ground, you will need to look for fast financing options. The first financing option you can try is a traditional bank loan. If you are not able to get a bank loan, no issue. You can try other financing options. There are many options available in the market to assist you in your first entrepreneurial journey by providing quick cash. You can get cash for your business without a high credit score and any history in a business. Moreover, these financing opinions are: Business credit cards: A business credit card provides several benefits for business owners. It works like a consumer card that you usually paid in full at the end of the month. Moreover, if you aren’t able to pay off the monthly bill, the remaining balance is considered as the next month’s due. Self-funding: Self-funding is the best way to finance a business. For self-funding, you can utilize your savings or get cash from family, friends, or relatives. This method of financing a business saves you from high-interest bank loans and moneylender debts. Crowdfunding: In this way of generating cash for the business, you usually go to the public and ask to support your business financially. There are two famous crowdfunding platforms: Kickstarter and GoFundMe. It is an effective way to generate cash for a venture but you need to provide something to the supporter in exchange for their funding including a product or service or a perk. These are the best alternative to bank loans to finance a business but you shouldn’t overlook bank and small business loans. You need to have patience after applying for a bank loan. Bank loan requires time in final approval but you can get loans at a better interest rate compared to other options. Moreover, banks come with special plans for small business loans or SBA. You must try for a bank loan while having a lot of patience. 2. You have a business credit card and you need to pay for it. Combine all your debts: Combining all your existing debts into a single one and paying them off by taking a new loan at a low-interest rate. In other words, you can say you are consolidating all your debts with a loan. It is a great way to get rid of multiple debts, loans, and credit card bills. By combining all your debts and paying them off with a low-interest rate loan allows you to take care of your business in terms of finance. Note that consolidating debts can be challenging for you who aren’t financially sound. Because you need to consider your funding timeline, financial needs, and credit score while deciding on debt consolidation. You should look for a financial expert who will combine all your debts for you while taking care of your current financial condition. Pay off your business credit card on time: If you own a business credit card, pay it off on time. Avoid collecting dues on your credit card. Your good credit history will help you secure more funding at a reasonable interest rate. 3. You need to increase your business inventory Go for loans that finance your inventory or working capital: If you think your working capital is being utilized by the inventory, go for inventory financing loans. Using such loans is a great way to free up working capital. For this, you can try to get short-term loans. Further, you may think about the role of working capital in a business. Working capital is the one that has the responsibility to meet the everyday expenses of a business like a payroll or rent. So, if you think you should increase working capital in your business, you need to calculate its requirement by your business. To calculate working capital, subtract the current liabilities of your business from the current assets. If the subtraction value is negative, you may need to go for a working capital loan. Working capital loans are usually available for short terms. That you can’t use it for bigger, long-term purchases. You can get such loans at low-interest rates from banks. Avoid taking debt with a high interest rate: It is not good for you and your business’s financial health to take out debts with a high-interest rate. When you take on debt with high interest, it becomes a matter of stress for you and your family. Moreover, before going for any debt, first, calculate the amount you will pay with interest. And then choose the right one for you. 4. Pay off all your vendors Go for invoice financing: Invoice financing is a great way to meet a business’s short-term liquidity needs. It can also be beneficial for you. Think how. If you have issued several invoices to your customers and the customers haven’t made the payments yet then you have a chance to support your business financially. You can apply for invoice financing based on the unpaid invoices by your customers. Any lender can provide our financial assistance based on the unpaid invoices. Be ready to pay your unpaid invoices: If you have taken invoice financing then note that you might need to pay for your unpaid invoices. That means if your customers don’t pay off their invoices, you will need to pay for them. Moreover, these 4 scenarios can push you forsmall business funding so keep yourself ready for that.

If you run a business, you better know the importance of credit card payments. When a customer buys your products or services, they are likely to pay using credit cards rather than through checks or cash. Further, getting payments through a credit card is convenient for you as a business owner and it is also a secure and cashless way to make payments for customers. Unlike making payments through checks and cash, you are eligible to get rewards when you use the credit card to make payment. Moreover, as a business owner, you will need to use a business credit card scanner app in order to receive payments from customers. To receive payments through a credit card, you will have to use a credit card scanner app. Your customers will be able to make payments from any location they want. The credit card scanner apps are advantageous in terms of facilitating contactless payments. You don’t have to get the credit card of your customers to make the required payments. Furthermore, this system of receiving payments is advantageous in today’s pandemic for contactless payments. All in all, the business credit card scanner apps are important if you want to get payments safely and securely. The 10 Best Business Credit Card apps to use in 2021 So, without any delay, let’s move on to the best 10 business credit card scanners to go cashless and contactless. Square The square card reader comes in a square shape developed in 2009 by the co-founder of Twitter. The Square card reader works with Apple and Android devices. If we talk about the charge incurred by this card reader, it is 2.6% in addition to $0.10 for every single swiped, dipped, or tapped payment. If we talk about the charges incurred on online transactions, it is 2.9% plus $0.30. SwipeSimple The SwipeSimple comes with lots of features and is a mobile credit card reader introduced by Payment Depot. The company provides SMS, email receipts, an item catalog, inventory tracking, and invoicing facilities. The primary plan of this card reader charges $10 monthly in addition to 2.6% and the extra $0.10 required for swiped, dipped, and tapped transactions. Stripe Stripe is a fully customized system that lets you prepare the card scanner as per your business needs. The company offers 24/7 customer service and fraud detection. If we see the fees charged by Stripe, it is 2.9% if one makes online credit card transactions. The company charges 2.7% and $0.30 if one makes in-person transactions. PayPal Here PayPal introduces PayPal Here as a business credit card scanner app designed with merchants and online shoppers in mind. You can use this app through your PayPal business account and profile. If you don’t have a PayPal business account then go and create the one if you want to use the app. Moreover, if we talk about the fees of this app, it charges 2.7% on every U.S. swipe transaction. Shopify Lite Shopify has developed Shopify Lite that supports PayPal payments. Through this app, one can send invoices and receive payments from their customers. If we see the fee structure of this app, it requires you to pay $9 monthly including 2.7% on every in-person transaction. On the other hand, if one makes online transactions, it charges 2.9% and $0.30. Helcim Helcim is a strong merchant platform that is Canadian-based. With this app, you also get a CRM or Customer Relationship Management tool and invoicing facility. Most important, this app has a virtual terminal that facilitates secure credit card transactions using your computer. It takes $20 monthly in addition to processing fees starting from 1.92% plus $0.08 on every single transaction. Clover Clover comes with some next-level features including inventory management and reporting. This app also allows you to gather customers’ data and other relevant information. The primary plan of this app charges $9.95 monthly with 2.7% in addition to $0.10 for in-person transactions. For keyed transactions, the charges will be 3.5% with $0.10. Fattmerchant The Fattmerchant app is owned by a Florida tech company. It is an ideal choice for high-volume payments and transactions. Generally, the app processes the payment on the next day if you don’t want to pay for the same-day payment. This app offers two types of plans like $99 monthly for businesses and $199 monthly. Payanywhere Payanywhere is designed by Wells Fargo. It is equipped with features such as digital receipts, an inventory library, barcode scanning, etc. It also allows you to create sales reports, analyze trends, and more. It charges a 2.69% fee if one swipes, chips dips, and makes contactless payment. QuickBooks GoPayment This credit card scanner app has the ability to sync with financial software called QuickBooks. This app charges 2.4% in addition to $0.25 when one uses a chip, magstripe, and contactless payment. Conclusion You can use one of the above business credit card apps to ease the payment process for your customers. Moreover, go through the complete article and decide what you want to choose from a mobile card reader or app. This way, you will be able to select the best business payment solution for you. Visit: Top 10 Business Credit Card Scanner Apps: Use these Apps in 2021 credit card scanner for business | best credit card scanner | best card scanner | credit card scanner for phone | best card scanner app| credit card scanner for small business | credit card scanner app for android | credit card scanning app credit card scanners

After keeping yourself busy for a week, when you reach the weekend and go to a party with friends, you start the party with a lot of fast food items. And you must add McDonald’s and KFC food items to your party. But what would you like to add from McDonald’s vs KFC? Also, do you have an idea about the calories you will consume in a McVeggie burger? Let’s compare calories in the fast-food items of McDonald’s and KFC and find out the healthier ones. What are the healthier options? If you only consider the number of calories for a healthier food item, McDonald’s burgers are better than KFC ones. But this conception goes wrong when you compare McDonald’s fries and KFC fries as KFC fries are healthier than McDonald’s ones. The number of calories in KFC and McDonald’s food items. People also read: Burger vs Pizza – Which one is a healthier option? KFC Veg Zinger- 535 cal Chicken Zinger- 463 cal Popcorn Chicken (1 serving)- 273 Cal Fries (1 serving)- 216 cal McDonald’s McChicken- 416 cal Chicken Maharaja-Mac- 488 cal French Fries (regular)- 319 cal French Fries (medium)- 638 cal These are the calorie values of some food items of KFC and McDonald’s. Based on these values, it can be harmful to you to decide on a healthier one as other nutrition values can put your health at risk. Now you know junk food and fast food are prone to cause health issues. But you can make yourself safe by knowing the correct nutrition values of the food items you want to consume. Google will help you reveal the facts about fast food. Moreover, you are the one who can save you. So eat any food items wisely. Kindly give a vote to your favorite and see the others who like the same from McDonald’s vs KFC. mcdonalds or kfc healthier | is kfc healthier than mcdonalds | what is healthier mcdonalds or kfc | is kfc or mcdonalds healthier which is healthier kfc or mcdonalds is mcdonalds or kfc healthier is kfc healthier than mcdonald’s is kfc healthier than mcdonalds? kfc vs mcdonalds calories which is more healthy kfc or mcdonalds what is more healthy mcdonalds or kfc kfc better than mcdonalds