Employee Loyalty Falling for Small Business

Employee loyalty may not be what you think it is.  Reportedly 54 percent of employers believe their employees are loyal to their small business, while only 44 percent of employees feel loyal to the small business they work for.  What has employees so unhappy these days?  In a nutshell; benefits.  Over 50 percent of small business employees are not happy with their current employment because of the benefits or lack of, they receive.  Workers who are satisfied with their benefits tend to be loyal to their company, by as much as 72 percent.  Workers are interested in financial education programs, wellness programs and health care benefits. Another reason for fewer loyal employees is lack of job security.  Employees feel they are working more and have less job security than they did just one year ago.

As a small business owner, employee retention is important due to the high costs of hiring and training new employees.  It may be time for you to take a look at how attractive your employment package is.  If you are losing more employees than you wish, and want to increase employee satisfaction, Strategic Nationwide funding can help.  We offer alternative business funding, to assist in funding your business benefits package.  Merchant cash advances can be used for any business related purpose, including employee benefits or incentive bonuses.  To learn more about a merchant cash advance, call Strategic Nationwide funding at 1-866-972-8885 or visit http://snffunding.com

Research Your Funding

In today’s fast paced society, business owner’s work 24/7 to keep up with demands of their customers and financing their business can be a daunting task unless you know all of your options.  There are many options to choose from when looking to fund your business.  Options range from bank loans, to equity funding, strategic investors, and more.  These conventional types of funding have their place in the business world, but there are usually many hoops to jump though and long application and waiting times for each.  Not to mention the documentation, high interest rates, and the possibility of losing control of your business as your investors gain input.

 

One of the financing options out there is a<a href="http://snffunding.com/about.php"> Merchant Cash Advance</a>.  A  Merchant Cash Advance is the fastest growing form of funding for small and medium sized businesses.  Merchant Cash Advances come with a multitude of benefits above that of conventional financing.  The biggest draw for most business owners is the ability to use the funds in any way you see fit to grow your business.  You can finance seasonal inventory, hire a new employee, catch up on bills or use it to pay for emergency repairs.  There are other reasons to consider a Merchant Cash Advance, including prompt funding, less stringent approval process and minimal documentation.  The key is to do your research and find out what funding option best suits your business.

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Apply Now: <a href="http://www.snffunding.com/signup.php"> http://www.snffunding.com/</a>

Banks Receive first Money from Small Business Lending Fund

The first money from the government program “The Small Business Lending Fund” were released today.  The program was created at the suggestion of President Obama during his 2010 State of the Union address.    It took a while longer than anticipated to release the funds, which were expected early in the first quarter of 2011, but better late than never.

 

The program was created to encourage banks to lend to small businesses, especially smaller banks with less than $10 billion in assets.  The money received from the fund is like a loan, and banks begin paying interest of 5 percent, but should they increase their lending to small businesses to meet the guidelines of the Small Business Lending Fund, the interest rate could drop as low as 1 percent.

 

If your bank is not a part of the small Business Lending Fund, and you are still struggling to find working capital and funding for your small business, Strategic Nationwide Funding can help.  We offer Merchant Cash Advances to small and medium sized businesses.  A merchant cash advance is easy and faster to obtain than traditional bank loans, and can be repaid in as little as 4 months.  If you would like to learn more about a merchant cash advance, call Strategic Nationwide Funding at 1-866-972-8885 or visit our website at http://snffunding.com

 

Protect Your Business from Cyber-theft!

Crime is everywhere you go; in big cities, rural farming communities, and anywhere in between.  It is an unfortunate part of life, but nowhere is crime more rampant than on the internet.  Criminals are lazy and wish to work from home as well I suppose.  As a business owner, you have to work double duty, not only to protect your home, but your business as well, and if you are like most American’s you have internet access and at least one website to protect. Most merchants and small business owner spend quite a bit of money developing and launching their website, but what are you doing to protect it?   Hackers spend countless hours of the day and night looking for loopholes into websites with the intent of stealing banking information and identities.

Here are several ways you can protect your businesses hardware and software:

1. Encrypt your hard drives.  With over 800,000 laptops being lost or stolen at airports alone, protecting your hard drives is a priority.  Encrypting makes accessing the information stored on your laptop a lot more difficult, but not completely impossible, so don’t rely on it for complete protection.


2. Consider using cloud based software.  Utilizing the cloud can benefit you in many ways.  Important data can be accessed anywhere using the cloud, and it is protected by the vast resources of larger corporations like Microsoft.


3. To protect your website information, backup regularly.  Depending on traffic, you may wish to back up your system information daily, weekly or at a very minimum monthly, depending on how much information you are willing to lose and attempt to rebuild.


4. Lock your mobile devices.  Get in the habit of locking your mobile device anytime you are not using it.  So many devices are lost or stolen every day.  Most of which contain some pretty important personal and business related information.  A prime source of information for identity thieves!


5. Check your passwords, and your reset information.  We all think our passwords are incredible, but are they predictable?  What about your password reset information?  Is it a weak link in your security?  Try having employees hack your password, or figure out your reset information.  They know more about you than the average Joe, so if they can’t figure out your password or your reset information, you are probably good to go.


6. Consider investing in computer protection software.  Virus protection is a must, but firewalls, and such are important as well.  There are a large number of programs out there which specialize in protecting your website, and provide automatic back-up of your data.  Sometimes purchasing pre-packaged software programs is the fastest and easiest way for businesses to protect their cyber-systems.

No matter what it takes to protect your business, Strategic Nationwide Funding is

here to help.  With a merchant cash advance, you can purchase a new alarm system for your business, security software for your computers, and even new equipment should you have a catastrophic failure.  Our funds can actually be used for any need your business has.  If you are looking into alternative funding for your business, visit our website at http://snffunding.com or call our knowledgeable representatives at 1-866-972-8885



 

Trends in Customer Loyalty

Creating customer loyalty is a greater challenge than it used to be.  In the past, people would shop at their local market or frequent shops where they knew the owner personally.  Current trends are vastly different though, as people travel clear across town to shop competing stores.  I suppose the economy is the main culprit for this trend.  Businesses have been forced to scale back services in order to reduce costs.  Remember when most gas stations had full-service pumps?  They are rare here in California now, but it’s a perfect example of how businesses cut back to reduce costs, and consumers don’t seem to mind, as the economy has put a crunch on most wallets and the savings benefit both parties.  Secondary to the economy is the rising competition from the internet.  The internet lets consumers shop around for the biggest bargain, and if they can find reasonable shipping rates, they don’t even have to step out of their pajamas, let alone their house!

Considering the trends, how do customers attract and keep loyal customers?   Most large and medium sized businesses have created rewards cards, but small businesses have a similar tool in their arsenal; the punch card.  The reward card and the punch card reward customers for repeated visits.  Another option is to offer coupons for a return visit, but great customer service is still an attractant to loyal customers.  They just don’t rely on it like they used to, but should an issue arise, great customer service, in a prompt and courteous fashion is key.  Disloyalty is almost guaranteed should a customer have a bad experience which was handled poorly.

 

Strategic Nationwide Funding is proud of our loyalty record; as many as 80% of our customers return for a second merchant cash advance after completing the terms of the first.  We believe it’s due to our great customer service, and our up front approach with our customers.  We want our customer to understand the details of our merchant cash advance, others are not straight forward with the terms, and quickly lose repeat business.  Find out about a merchant cash advance on our website at http://snffunding.com/faq.php or call one of our representatives today at 1-866-972-8885