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The Rise in Business Layoffs: Exploring Beyond Inflation

In strained economic situations like those happening currently, businesses often find themselves struggling with challenges that affect their bottom line. One challenge gaining a lot of attention is the increase in companies cutting their workforce to reduce costs. While inflation does play a role in this, there could be other potential reasons behind these decisions. …

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The Value of Investing in Precious Metals During Economic Turmoil

In uncertain economic times, investors look to financial assets like gold, silver, and platinum that can hold their value. These are the popular choices for investors who need to ensure their financial security, and there are many reasons why they make this choice. Hedge Against Inflation Inflation lowers the purchasing value that regular currencies have …

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3 Quick Reasons You Should Consider Credit Unions Over Traditional Banks

Credit unions sometimes have a reputation as the limited cousins to banks, but that’s not even close to the truth. In 2021, the National Credit Union Association (NCUA) listed roughly 5,100 credit unions in the United States, and that number continues to grow. With that said, many people are conditioned to only look at banks …

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Three Things You Should Do To Minimize Recession’s Impact On Your Business

Companies, of all sizes, are ultimately in the business of making money. But, with recession, many businesses struggle to keep their footing and avoid lasting damage while the economy stabilizes. According to the National Bureau of Economic Research, a recession is defined as two consecutive quarters of economic contraction in the nation’s gross domestic product …

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Three Important Things to Consider in Planning a Mobile Payment Strategy

Certainly, it’d be amazing if it were possible to go into a mobile payment (mPOS) solutions store, pick up the latest perfect package, and implement it that same day without complication. However, that isn’t very realistic, and in fact, would be disastrous to a proper strategic business implementation. Things to consider upfront when planning a …

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The Realities of Taking Payments in the Post-COVID-19 World.

Due to the pandemic crisis of early 2020 and the continuing effects occurring all over the world, it’ll likely be some time before many businesses and industries have customers who’re fully comfortable shopping as they’ve done traditionally. Will things return to normal? And if so, how long could it take for customers to come back? …

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