Business

How Point-Of-Sale Financing Can Enhance Your Sales Strategy

A dedicated medical clinic and home improvement contracting company – both distinct, yet they share a common goal: to elevate their sales strategies. Enter point-of-sale (POS) financing. This isn’t just another trend; it’s a powerful tool that boosts sales for businesses big and small. Why zero in on POS financing? Implementing this financing solution has […]

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The Advantages of Third-Party Financing in Business Growth

Have you ever wondered if there’s a missing piece in your business strategy to drive sales and attract customers? What if there was already a solution to accomplish this, which could also seamlessly integrate into your workflows? There is – third-party consumer financing. It’s a simple concept that’s making significant changes in the ways businesses […]

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Waterfall Financing: Is it Right for Your Business?

As a seller of products or services, you might think you’ve seen it all when it comes to customer financing. Standard solutions, straightforward process – it all seems to work just fine – until your customer gets denied. You then reach into your network of other lenders to see if you can find a way […]

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How Business Owners Can Calculate Operating Cash Flow: Explanation + Formula

A striking 82% of small businesses collapse due to mismanaged cash flow, not lack of profit. What, then, is the essence of operating cash flow? In this exploration, we’ll dissect cash flow analysis and provide you with the tools to adeptly calculate operating cash flow, fortifying your business against financial pitfalls. What is Operating Cash […]

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Retail Gamification: How to Use It to Your Advantage

Intuitively, we all know that games are fun, but what if you could use that insight to your advantage in retail? Well, you can! An increasing number of businesses have discovered plenty of value in blending gaming mechanics with marketing strategies. In turn, gamification in retail can help increase brand awareness, grow your customer base, […]

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Customer Health Score: Why Does it Matter?

In today’s fast-paced business environment, it’s more important than ever for companies to understand and engage with their customers. One powerful tool for achieving this is the customer health score. A customer health score is a numerical representation of the well-being and engagement of a company’s customer base. By regularly monitoring the customer health score, […]

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How Patient Journey Mapping Can Improve Operations and Outcomes for Your Practice

The patient journey includes the entire timeline of a patient interacting with a healthcare facility. It starts when the patient learns about the clinic’s existence and ends long after treatment. A patient journey map is a tool that health clinics use to better understand how patients interact with the facility throughout their journey. It encompasses […]

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Tax Deductions for Independent Contractors: A Guide for Self-Employed Business Owners

Welcome, independent contractors and self-employed practitioners! If you’ve chosen the path of self-employment, you know it comes with many freedoms and several unique challenges. One such challenge is managing your taxes. As an independent contractor, you’re solely responsible for paying your taxes, which can seem daunting. But there’s good news! The tax code provides numerous […]

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9 Must-Have Customer Service Types for Every Business

In the competitive world of business, 65% of customers switch brands after just one poor service experience. This sobering statistic reinforces the fine line between retention and customer loss. However, delivering first-class customer service isn’t a one-size-fits-all approach – it involves understanding and deploying an omnichannel approach that includes reactive and proactive strategies. But ​​how […]

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Engaging Your Clients and Customers: Why Different Strategies Are Needed for Each

In the world of business, language matters. And understanding the subtle differences between seemingly interchangeable terms can be critical to success. For instance, ‘client’ and ‘customer’ are used synonymously but have distinct meanings. A client typically engages in an ongoing, personalized relationship with a company, while a customer is often involved in a more transactional […]

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