Watch more: What’s Next in Payments With BILL’s Archana Prasad Growing pains aren’t just for kids; they impact small businesses too. Paying suppliers, collecting receivables, reconciling accounts and managing cash flow are critical tasks, yet they rarely represent the reason an entrepreneur starts a company....
Running a small business can take up a big chunk of its owner’s time. Even something as simple as ordering the breakroom snacks each month can add up, and as small and medium-sized businesses (SMBs) face mounting pressure to do more with less, the time...
Main Street businesses are losing momentum, but planned and recurring services are still finding room to grow. The latest PYMNTS Intelligence Main Street Health Index, “Why Main Street Is Splitting: The Data Behind Small Business Winners and Losers,” found that Main Street growth slowed to...
Small businesses run on instinct. Main Street entrepreneurs know their customers personally. They understand seasonal fluctuations without consulting dashboards; many can sense when sales are slowing, when inventory is piling up, or when cash flow is tightening just from being close to the business every...
The conventional logic has always been that small businesses had smaller needs than their enterprise peers. But with Google this week launching new enterprise-grade artificial intelligence (AI) tools designed for small- to medium-sized businesses (SMBs), a move that follows on the heels of Anthropic’s Claude...
Stripe and Lloyds Bank launched a partnership aimed at small businesses in the United Kingdom. The collaboration will see the lender use Stripe to power Lloyds Accept, a suite of payments tools designed to give small businesses access to the same payments infrastructure as the...
Fifth Third has introduced a small business banking experience that combines digital lending, faster payments and local banker support. The bank is rolling out the new Fifth Third for Business to more than 240,000 small business customers, it said in a Thursday (June 4) press release. Fifth Third for Business offers Early Pay that provides...
Watch more: Fireside Chat With Mastercard’s Mike Kresse As small to medium-sized businesses (SMBs) in the United States extend purchasing beyond domestic markets and assemble supply chains across several countries at once, the mechanics of moving money across borders are becoming part of procurement strategy...
Small businesses should think big when preparing for a sale. Like a big business, that is. Across the United States, Main Street is entering one of the largest ownership transitions in modern business history. Millions of small and medium-sized business (SMB) owners are approaching retirement...