Small Business Encyclopedia
Category: Credit-and-collectionsCredit Cards
A bank-issued card that allows people to purchase goods or services from a merchant on credit
Credit Policy
Guidelines that spell out how to decide which customers are sold on open account, the exact payment terms, the limits set on outstanding balances and how to deal with delinquent accounts
Credit, Extending
Offering your customers the option of paying for the products and services they purchase from you at a later date instead of upfront
Merchant Status
The relationship between a company and a bank or credit card company that allows the company to accept credit card payments from its customers
Popular Articles
He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'
Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.
63 Small Business Ideas to Start in 2024
We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.
The Top 10 Coffee Franchises in 2024
From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.
How Small Businesses Can Leverage Dark Social to Drive Word-of-Mouth Marketing
Dark social accounts for 70% of social media shares and is crucial for small businesses. Here's how you can tap into this hidden marketing opportunity.
'Do You Sell Cars?': Tesla CEO Elon Musk Trolls Jaguar Rebrand on X
The team running Jaguar's X account was working hard on social media this week.
'Jaw-Dropping Performance in 2024,' Says a Senior Analyst as Nvidia Reports Earnings
Nvidia reported its highly-anticipated third-quarter earnings on Wednesday.
