What is a Chargeback?

What is a Chargeback? A chargeback occurs when the holder of a credit card contacts the card issuer to dispute a billing entry.  In response to the customer claim, the card issuer contacts the merchant’s credit card processor and disputes the sale.  The proceeds from the original sale are subtracted from the merchant’s account.  In…

The Cost Of Chargebacks

The Costs of Chargebacks to Merchants The cost of chargebacks to online merchants can be significant. In fact, countless  merchants have found their business efforts completely thwarted by frequent chargebacks. The initial cost of chargebacks is reason enough to be concerned. Every chargeback automatically results in a loss of income due to the cancelled payment of an order.…

Time Management Tips

How Small Business Owners Can Better Manage Their Time “Time management” is a phrase that is talked about time and time again as a way to reach success. And it’s true, managing your time in the right way can help you to be more organized and get things done. That’s why this article is full…

Goal Setting For Small Business Owners

Goal Setting For Small Business Owners The planning and controlling functions of management often receive less attention from the small business owner than they should. One way to more effectively fulfill these two functions is through effective goal setting. The success of a business will depend on its long-range goals for sales, profits, competitive position,…