When you run a business, turning a profit is often a key focus as a business gets off the ground and continues to grow.

For many businesses, 2020 has been the year that has forced them to innovate and implement digital technologies in their business systems and operations.

Making sure you get paid on time is critical to your business’s cash flow.

When it comes to being a business owner, you’re either old school and run it with pen, paper and logbooks, or you have switched to digital technologies where your business data is automated and looking back at you from behind a screen.

We’ve already invented 3D printing, spray-on skin and self-driving cars, so you would expect we can seamlessly send and pay off invoices without errors in an instant, right?

Merchant Fees. They’re as annoying as they are confusing. Many business owners don’t know enough about how they work or what they are paying for, let alone the breakdown of costs behind each transaction.

Developing a loyal customer base of repeat shoppers gives your business resilience to weather economic cycles and periods of uncertainty.

Thankfully here in Australia, we’re handling the COVID-19 pandemic incredibly well and there is now a visible sign of the light at the end of the restriction tunnel, with a planned restoration of all businesses opening by July.

There are two ways to build a profitable business, increase sales or decrease costs.

Over the last few years, Business to Business (B2B) and Business to Consumer (B2C) efficiency, revenue and customer engagement has differed enormously.

For all retail, supplier or wholesale businesses, there are plenty of ways you can take advantage of the days prior to and including V-Day.