You’re Going To Lose A Lot Of Money

Did you know that since 2005, more than 80% of all credit card breaches have occurred at a small business?

Sounds like a horror movie doesn’t it?  Sadly, it is reality. 

Everyday I see more and more businesses being “sloppy” about PCI compliance (Payment Card Industry if you’re a little more than sloppy……).

• Some have all of their clients credit card numbers on an Excel spreadsheet anyone can get to……………
• Some have a binder with all of the customer’s credit info so they can charge them on a recurring basis without having to call…………….
• Some even have to get a customer’s credit card number written on a basic invoice with one of their technicians who later brings it to the shop to be charged………..

All of these are a big no no that can result in fines anywhere from $90 to $500,000 and possible civil litigation from the consumer on top of that!!


In 2006, 40% of businesses that reported breaches had them come from contractors, employees, and business partners……………..

So how do you protect yourself?

1. Protect stored card holder data
1. If you have to keep customer’s credit info, do it the smart way.  This means no paper records or folder full of the info.  Use the computer.  It's kind of a useful tool............
2. Encrypt the data
1. The easiest way to do this is to have a payment processing system that has encryption with it already.  Preferably one that has a web based system of storing the data.  That way it is never physically in your possession. 
3. Assign a unique user ID to each person that may have access to the data
1. This does 2 things.  One is that not just anybody can access the data.  Two is that if something does happen, you can more readily find the culprit.

In short, if you’re keeping your customers’ credit info do an assessment of your security.  If it’s still “old school” you definitely need to upgrade to a safer and more modern system for your customers and your protection. 

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Your Fear Of Technology Is Killing Your Business

I work with all different walks of life when it comes to business. Young, old, black, white, skinny, fat, foreign, local, etc. With that said, I have noticed a terribly annoying trend with certain groups (there’s not one specific, but all in all they are pesky).

This group is the “I don’t like technology even though it controls 99% of my life” group. When I say technology it can be anything from social media topaperless payments to email marketing. These people seem content on the “word of mouth” factor and referrals from existing customers…………..

I’m dedicating this blog to these people to open their eyes to a few things:

1. Businesses typically lose 10% of their customers each year. This is typically in the case of the businesses that have no efficient way of attaining new customers. Word of mouth isn’t nearly efficient as it used to be when you speak on it vocally. The internet is the new word of mouth. 72% of people trust an online review as much as their friend! Capitalize on this! Make a bloody Google places page (this takes time so get on it……….mine is still in limbo with the “we do not service” error………) or Google+ for God’s sake!!

2. 91% of internet usage on mobile devices is spent socializing. This is huge!! EVERYBODY IS ON SOCIAL MEDIA! WHY AREN’T YOU?! I admit it can be daunting, but not unbearable. Pick 2 platforms to start with and really study and get used to them. When you opened your business you probably spent a lot of time looking for print marketing or television. Apply the same to social media.

3. I don’t like paperless systems / I don’t want my info on the internet. This one really irks me because the people that say this already have info on the internet!! If you have car insurance, the info is online. If you have a home, the info is online. If you pay bills, you probably pay them online (you’re silly to waste postage if you don’t do this). If you have a business, your info is online. When you can get a paperless system for your office it means:

a. You don’t need as many filing cabinets

b. You can find records in minutes even seconds versus hours.

c. You save paper that would otherwise be thrown away within 6 months.

d. If your office burns or you move your records are still there (thank the cloud!)

e. Lessening your exposure the Cancer causing chemical BPA .

4. We get all of our clients from referrals. This is awesome if it always happens, but there’s a few things you’re leaving to chance. If you go through a slew of transit, cheap, or unhappy customers, then you get no referrals. If the clients you do get aren’t forthcoming about their experience or don’t have friends that need your help, then dead end. Referrals today come from the web so much. This is why places ask “how did you hear about us?” More often than not you’ll hear they found you online or saw a web ad. People spend about 60% of their online time shopping. You need to position yourself for this.

In short, don’t be a hermit! The digital age has been hear since we though Y2K was the end of the world! The only thing that ended then was the world as we knew it.

I like to phase it this way a lot: if I presented you the option of a land line phone or a smart phone for the same amount of money each month, which would you choose?........................

If you say landline phone, disconnect your computer right now…………..

I hope these tips help your business grow!

PS – I help business owners increase their sales and lower their costs up to 40% on average.

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This Is Why You Should Go Paperless

You may have heard of paperless offices.
If you haven’t, you’ve lived under a tree!
So why should you make the plunge into paperless?

There are a plethora of reasons (bear in mind that a paperless office can still print things out. The point though is to avoid this as much as possible. A lot of owners get scared that “paperless” means there is no other option.)

1. Saving money: You can save upwards of $100,000 a year by going paperless because you avoid paper costs, receipt paper costs, printing toner, mailing costs, and storage! That amount can be the difference in a business still running for another month sometimes.
2. Protecting yourself: This is in the case of receipt paper. A lot of people don’t know this, but receipt paper contains high levels of BPA and BPS. These chemicals are bad for your health as they cause cancer, diabetes, obesity, etc. Imagine your staff being exposed to cancer causing chemicals every single day!
3. Marketing: If you go paperless you open up a new venue of marketing. Typically paperless systems integrate a lot more email into the routine. THIS IS FREE MARKETING GOLD! When you get a client’s email you have all kinds of opportunities to increase revenue.
4. Improve accounts receivables: Surveys find that businesses who accept payments electronically are normally paid within 10 days versus 27 days for all other forms. Every owner I’ve dealt with wanted their money ASAP. Obviously electronic is faster because who carries checks?...........................Plus,
5. Reduce the amount of bounced checks: Back in 2000 it was estimated that 731 million checks would bounce for various reasons. Don’t get caught in that statistic having to chase a customer down! With a credit/debit card payment you find out right away if it is good, not days later! Plus people nowadays like the convenience of it. I rarely carry my checkbook.
6. Store records on a hard drive not a hard cabinet: A computer can take up inches and hold billions of records while paper takes up cubic feet! Find your transactions in split seconds, not minutes or even hours. Plus, if you pay for bookkeeping, it will save you money being able to present your records via email or USB rather than a folder (accountants hate folder files)

I could go on longer, but you might run out of paper………………………

Seriously though, get with it. There’s nothing to be afraid of. Change is good!

I hope these tips help your business grow!
PS – They will.

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What Everybody Should Know About Receipts

Shopping. Sometimes mundane yet sometimes exciting. We do it habitually but also impulsively.
It is such a joy, but carries a serious threat.

WE USE 4.3 MILLION TREES A YEAR FOR RECEIPTS!

We found that in the United States 80% of the population receives 1 to 3 receipts a day!  That is a ton of paper.  On top of that, 70% said they have no organized way of storing their receipts (think about the size of them.....You're either stapling or using envelopes....) plus 30% agree that paper receipts are a growing environmental concern. 

So basically,

MAJORITY OF PEOPLE HATE RECEIPTS!!!

ON TOP OF THAT, THERE IS THE EXTREMELY DANGEROUS CHEMICAL BPA FOUND ALL OVER THE RECEIPTS.

Oh yeah, if you didn't know, BPA can cause Cancer, Diabetes,  obesity, infertility, and more.
Business owners have an opportunity now to make a difference. There is up to 19 times more BPA on a receipt than a plastic bottle. The only solution is to go paperless. Protect the earth and yourself!

Plus, paperless offices run far more efficiently.

I hope this tip helps your business grow!

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I Bet You're Not Doing This 1 Simple Thing To Nurture Your Business

With so many tips out there for small business owners, what is the most powerful? ( When I speak of business owners on this topic I am mainly referring to those with a physical business). Some people think it is to invest in a commercial on TV (which is still pretty powerful). Others will say online directory marketing (also powerful).

Although both of these are great things to do, they also can be very expensive………some of these online advertisers charge $200 a month and you may not have a great return on that investment all of the time. So what is the solution?

GET EVERY CUSTOMER’S EMAIL ADDRESS!!!!!

A survey conducted in December 2009 by ExactTarget indicates that more than 50% of consumers make purchases as a direct outcome of email. It also drives more ROI than any other channel including social media and PPC advertising.

This little thing is one of the things that helped Amazon become the giant they are today. With your email submitted to them you get recommendations on products to buy, deals, and links to review what you bought. All are marketing gold!!

So here’s all you have to do in your brick and mortar business:

1. When you are completing a sale with a customer, get their email so you can send them a paperless receipt . Tell them you’re doing it for their safety and for the better of the environment (if you’re not paperless now, catch up!!).

2. Within 1-2 weeks (depending on your sales cycle) send another email with 3 parts:

a. Telling them thank you for choosing your company/product

b. A request for them to leave you a review (preferably on Google, but otherwise on SuperPages, YellowPages, Yelp, Bing, Yahoo, or HealthGrades if you’re a physician

c. A direct link to your social media pages (FaceBook, Twitter, Google+, Yelp, FourSquare, MySpace, or whatever you have!!)

This simple 2 email process does 2 things:

1. A little old fashioned courtesy in saying thank you again. This practice has all but died out unless in this fashion. I wouldn’t really expect you to send thank you notes, but at least you can do this……… People appreciate it.

2. Increases your chances of getting reviews. We all know that people will post negative reviews easily. The positive reviews sometimes need a push. If you contain a link right there in their email for where to go, then there is little to no excuse for them to not review you!

I hope these tips help your business grow!!

Paperless Joy: Paperless Business & Lifestyle Design (Google Affiliate Ad)

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Shocking Way You're Killing Your Staff and the Earth

Human beings. The top of the food chain, arguably. We are a consuming people. Otherwise we would’ve never gotten to the pinnacles we are at now, but at what cost. I look at it like a butterfly effect sometimes. You just don’t know how much one mundane incident means to the future. Here’s one that most business owners don’t think about…………….

Your receipts

These small little slips can do some significant damage. Did you know that a large majority (some say 100%) of all U.S. receipts contain the chemical BP-A or BP-S (Bisphenol A or S). A lot of people are familiar with BP-A, but now companies are trying to pass BP-S in products that say “BP-A Free” (clever huh).Bad thing about BP-S is that is up to 19 times more absorbable in the skin that BP-A!!! Now if you didn’t know, BPA has been linked to :

Cancer	Diabetes
Obesity	Infertility
Liver Problems	Heart disease

YOU ARE EXPOSING YOURSELF AND YOUR STAFF TO A LIFE THREATENING CHEMICAL EVERY DAY

The chemical rubs off of the receipts very easily and can be found on your hands up to 2 hours after washing your hands. Plus, we use 4.3 million trees every year just for receipts! Of these 4.3 million trees, most of the receipts are just tossed in the street.

Do yourself a favor and go paperless. It’s the only way to protect yourself, your staff, and your earth.

It would be nice to not have all those little receipts everywhere, wouldn’t it?

Imagine just looking in a digital database for a receipt and not in an old filing cabinet! Pretty sweet huh?

That chemical exposure and wasting of paper is the only reason places like Macy’s asks you if your want your receipt emailed to you.

There is an extremely easy way for your office to go paperless without breaking the bank.

Send me any questions you have! If I don’t have the answer, I will find it!

Sources: http://www.naturalnews.com

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