Payment fraud refers to an unauthorized or fraudulent transaction using a payment method such as credit cards, electronic bank transfers, checks, or mobile wallets. Overcoming and minimizing payment fraud is a continuing process for many businesses because of its prevalence and continued evolution, with fraudulent transactions costing businesses over $41 billion in 2022. Whether you…
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7 Video Conferencing Limitations & What to Do About Them
Video conferencing has become an indispensable tool for remote working, but it comes with a few challenges. Visual distractions, technical glitches, and lack of physical interaction can hinder the effectiveness of virtual meetings. To ensure a smooth video call experience, understanding the uses and limitations of video conferencing is necessary to help teams leverage video…
Understanding the Hiring Process: Tips, Strategies & More
Getting the right candidate is always the goal in hiring, which is a tall order for hiring managers. While it might be challenging, you can find the right individual that aligns with your company’s values if you have a set of hiring process steps. These steps include identifying, attracting, and choosing qualified candidates to fill…
7 Reasons Why You Shouldn’t Change Business Banks
Small business owners may contemplate switching banks to benefit from bonus rewards, higher interest rates, and lower fees offered by new providers. However, you should carefully evaluate whether switching business banks is a good idea. Although new providers offer many benefits, these may be overshadowed by the disadvantages of changing business banks, such as limited…
40 Traditional and Creative Employee Perks Ideas for Your Small Business
When it comes to attracting top talent, you should provide competitive salary and benefits, such as paid time off, health insurance, and 401(k). However, some small businesses go beyond the average by implementing an employee perks program that offers unique incentives, such as financial perks, health and wellness benefits, team-building, employee development allowances, company culture…
13 Best Brand Logos & What Makes Them Iconic
First, a question: What is the very first impression the vast majority of potential customers will have of your business? Chances are you said, “My logo.” And it’s true. The best brand logos make powerful first impressions and cement those brands in the minds of the people who might eventually buy whatever the business is…
How To Compare Small Business Insurance Quotes
Year over year, commercial insurance premiums continue to rise. Whether you are looking to save money on business insurance or just want to learn how to compare small business insurance quotes, we’ve put together a step-by-step guide to make the process—which involves understanding what coverage you need, thinking about limits, and researching the insurer’s reputation—easier…
11 Creative Ways to Recruit Employees
With the current job market remaining incredibly competitive, companies are constantly seeking creative ways to attract and recruit top talent. In doing so, they can make their open roles more eye-catching and even more targeted, as it can help showcase the in-house culture that many job-seekers count as a non-negotiable when applying nowadays. Instead of…