Facebook is rolling out a Fast Track Invoice program on October 1, 2021.  You’ve probably heard about it because they are dedicating $100 million to it! The program aims to support small businesses by buying up outstanding invoices owed to them by their customers, so small business owners can get the cash flow they need to keep their businesses running.  This can be a fantastic program if you’re eligible BUT there are a lot of exclusions.  We read the fine…

For small business owners, these past few months have been nothing short of a torturous limbo. For a couple of weeks in the summer, it looked like things were on the mend. Now, with the Delta variant (among countless equally concerning others), the COVID situation is starting to look concerning once more. How can small business owners protect themselves and prepare for the unexpected (ex. stricter government mandates, general public fear, another surge in infections, etc)? The best way to…

The inflation rate is the highest it has been in over a decade, and small businesses are bearing the brunt of the consequences. One way to rescue your bottom line is to increase your prices, but it can be difficult to raise your prices without losing at least some of your customers. Here are some ways to make the process of increasing your prices a little smoother.  Deciding to raise your prices can be a tough call. If you meet…

When you think of subscription services, you may think of companies like Netflix, Spotify, or Hello Fresh. They’ve cemented their place in our lives by offering services that we can’t live without—and making payment for those services easy and automatic. Small businesses can learn from these payment models and, by extension, what frequent customers want from their providers. And if you offer a service where you could call any of your customers “regulars,” you too could adopt a subscription payment…