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Card Machines: 6 Ways to Save Money on Payment Processing Equipment

Stax

Owning a business can take quite the investment. Then when you layer in the need for payment processing, the complexity of managing your finances escalates significantly. Depending on the credit card terminal you choose, buying a new machine could cost your business between $200-$1,000 per terminal.

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Understanding Risk Management Strategies as a PayFac

Stax

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. Even the organizational shake-up that comes with the decision to become a PayFac may disrupt your core business.

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CFO Tools You Should be Using in 2022

SaaSOptics

Finance and Billing Tools. It’s common for companies to have digitized some of their financial processes. While this is a step in the right direction, there are gaps in many processes that companies currently use that finance and billing tools can fill. SaaSOptics. They have a whole host of CRM tools to browse.

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What is a Merchant Cash Advance and is MCA Right for You?

Stax

Small business loans exist to allow business owners to prop up their businesses in the short term and cover temporary cash flow gaps. Is this financing option worth considering? Your future revenue acts as a guarantee. But this flexibility comes at a cost- MCAs are an expensive financing option.

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A Primer on Simple Mobile Payments for Small Business: What Merchants Need to Know

Stax

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education. These platforms provide functionalities that a diverse user base benefits from, such as project management, social media, automated workflows, or customer relationship management (CRM). What is Horizontal SaaS?

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How to Understand Your Profit and Loss (P&L) Statement

Stax

Your P&L statement is a simple yet powerful financial reporting tool that not only highlights the current financial position of the business but also charts a course for the future. For the many small business owners working to improve their financial health and performance, this is your go-to guide for all things profit and loss.