BluePay Blog

With the Tax Reform Act set to kick in, there are many things small business owners need to consider in 2019 that may impact their financial position and tax basis. As you get ready to file 2018 taxes, let’s look at the changes coming up next year that could influence the decisions you make for your small business. 

Topics: Small Business Tips, Due.com Partner Posts

When someone would say how hard another individual worked, it was thought to be admirable or impressive. However, the U.S. has now become known as a country of overworked people, and that’s not necessarily a good thing. The U.S. is one of the few countries with no designated weekly maximum limit on the number of hours an individual should work.

Topics: Small Business Tips, Due.com Partner Posts

Many small business owners are so eager to launch that they invest little time in their point-of-sale (POS) technology. As long as their system can accept credit card payments, they’re satisfied.  Although all POS technologies perform the same basic function, each platform offers slightly different bells and whistles. It’s important you find a solution that meets your business’s needs — both today and for many years to come.

Topics: Getting Started with Payments, Small Business Tips, Software and Payment Integration, Mobile Payments, EMV, Payment Technology

The festive cheer of the holiday season in the workplace has passed. The tinsel is packed at the office, the stale leftovers from the holiday party have been removed from the fridge.  As happy as your employees were just a few days or the week before, they now have a bad case of the blues, and the whole morale of the group seems to have vanished along with the holiday tunes on the radio. Not to mention, their usual productivity rates are low and there's just no oomph behind everyday workflow.

Topics: Fun Posts, Small Business Tips

Every year, millions of Canadians wake bright and early on December 26th and brave the potentially bone-chilling weather to reach their local shopping mall or big box store. Why? Because it’s Boxing Day — a British tradition co-opted by its former colony and now a statutory holiday that sees retailers offering rock-bottom prices and consumers willing to spend big.

Topics: Small Business Tips, E-Commerce and Online Payments

The stretch from Black Friday to Christmas is one of the busiest shopping periods of the year. Although the official “holiday season” is only one month long, it accounts for roughly 30 percent of annual retail sales.  Whether you run a brick-and-mortar store or an e-commerce site, the 30 days after Thanksgiving is when you should be pulling out all the stops.  Though, even if you’re a non-retailer for whom the holidays is the slowest period of the year, you can still use this time to improve your business in creative ways.

Topics: Small Business Tips

New Year’s resolutions are usually reserved for personal goals — from losing weight to saving money.  But it’s also possible to apply these “betterment” principles to the business world. Every organization has room for improvement. Making your operations more productive, cost-effective and enjoyable can help you generate higher profits.

Topics: Small Business Tips, PCI Compliance and Fraud Prevention

December 14, 2018 is one of the best shopping “holidays” of which most customers and businesses have never heard.  It’s National Free Shipping Day.  The name alone obviously appeals to shoppers all over the country. Customers always love when businesses foot the bill and offer free stuff.  However, this annual event can be a boon for e-merchants as well.

Topics: Small Business Tips

There isn’t a business on the planet that couldn’t use an infusion of money. Having a little extra liquidity can ease cash flow concerns or help cover next month’s expenses.  In fact, many companies take out small business loans for the purpose of making ends meet.  A loan sometimes makes sense even if you don’t actually need one to stay afloat. When invested wisely, the money borrowed can help grow your business — and the returns will far outweigh any interest payments you need to make.

Topics: Small Business Tips

For many small businesses, customer acquisition is top priority. By attracting a steady stream of new users, companies in this category are guaranteed to continue generating profits.   They’re not wrong, but it’s actually much easier to convert existing users than it is to find new ones. According to a recent Bain & Company analysis, a 5 percent increase in customer retention rates translates to a 95 percent boost in profits.

Topics: Small Business Tips