Preventing Chargebacks

There’s an increasing problem eating away at merchant profits today. It’s called chargebacks. And retail businesses across the board are starting to feel the pinch.

What are chargebacks? A chargeback is a credit card transaction that a card issuer returns to a merchant bank as a financial liability. In turn, the merchant bank may return the financial responsibility back to the merchant. More simply put, a chargeback reverses a sales transaction. Read more…

Overwhelmed by Applicants

Count yourself lucky if you plan to hire in this economy. But, with thousands of Americans looking for jobs, you may soon be inundated with applications. And that can be a double-edged sword for a busy business owner. Read more…

Minimum Wages Increases

The federal minimum wage increased on July 24, 2009, from $6.55 to $7.25 per hour. That’s an 11% increase, which equates to an extra $120 per month in the wallets of the more than 2 million who earn less than $15,000 annually. Read more…

Economy Watch: On the Road to Recovery

Hungry for some good news?

It’s been a rough road, but mounting evidence suggests the nation’s deep economic recession is finally easing. Here, from government and private forecasters, are signs that the economy is poised for a slow but steady rebound. Read more…