Beware the $5/mo Business
I’ve had conversations with many business owners over the past 3 years, and even longer if I go back to my Engine Yard days.
I’ve had conversations with many business owners over the past 3 years, and even longer if I go back to my Engine Yard days.
Reel.com founder Stuart Skorman, and business owner John Muller, who had a Hoboken street named after him for his longevity, have at least one thing in common:
If your business accepts credit cards for payment, then you’re vulnerable to chargebacks caused by fraudulent transactions.
One of the biggest drawbacks of a service based business is that they only earn from billable hours, excluding time spent on client search and preliminary work.
Many entrepreneurs offer free products (called "freemium") to help increase their customer base and encourage consumers to buy a premium product.
Pricing products either online or in a store can be difficult to determine because most items have a set manufacturing overhead cost.
For new startups, cash flow is king. The way a company bills its customers will directly impact revenue streams needed to maintain cash flow and operations.
In January 2011, the National Retail Federation, along with First Data Corporation, released results from their latest research study.
A major online billing myth is the belief that individual payment gateways serve the same purpose as an integrated customer billing system.
Wouldn’t it be nice to be able to access your data from anywhere and anytime? Cloud computing makes this possible.
Financial models are wonderful tools for understanding how much capital you need to raise to stay afloat, but external benchmarking is also essential.
There’s always something new and exciting replacing something we previously thought was new and exciting. So how has recurring billing changed?
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