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Balancing Customer Loyalty in an Age of Growing Business Costs

Retail TouchPoints

By itself, living paycheck to paycheck with a couple of kids, a mortgage and a car payment or two is no small task. Customers expect that before a price increases, a thorough process has been undertaken to make sure the increase was needed. Don’t expect this to last forever. Think about it.

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OIG Says SBA Management of EIDL Program Had Contracting Flaws

Small Biz Trends

The Small Business Administration (SBA) didn’t follow proper procedures while managing Economic Impact Disaster Loan funds during the pandemic, according to a report from the Office of the Attorney General (OIG). OIG Critical of EIDL Small Business Loan Process During COVID Pandemic. The EIDL program existed before the pandemic.

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What is a Cash Flow Statement?

Small Biz Trends

They’re an important way to manage finances. These financial statements break down into financing, investing, and operating activities. Businesses that experience negative cash flow might be waiting on payments. Offering early payment discounts can foster a positive cash flow. To Manage A Crisis. Be precise.

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Why growth is slowing at e-commerce giant Shopee

Inside Retail

It was a masterful demonstration of rapid systems and logistics development, and a good diplomatic effort, too, in the sense of co-ordinating with governments and marketplace partners to operate efficiently during all the lockdowns. But Sea’s other business units are acting as a drag on the top and bottom line.

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Making Infrastructure Ready for the Future of Work

Cisco Retail

Payment Solutions for the Future. Flexible payment solutions can support customers on their journey. Together with a Cisco account manager, payment solutions specialists can help identify the right technology solutions to address customer’s business needs and help create a lifecycle management strategy.

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Extended COVID-19 Crisis Could Force Tailored Brands Into Bankruptcy

Retail TouchPoints

“If the effects of the COVID-19 pandemic are protracted and we are unable to increase liquidity and/or effectively address our debt position, we may be forced to scale back or terminate operations and/or seek protection under applicable bankruptcy laws,” said Tailored Brands in the filing. operational as of June 5.

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5 Ways Retail Businesses Benefit From A Merchant Cash Advance

Retail Minded

They must thrive by obtaining immediate cash flow support to sustain operational expenses during market fluctuations. This business funding option allows payment utilizing a sales percentage and a small fee. Promotes Better Cash Flow Management. Cash flow can quickly go out of hand if you have enormous overhead expenses.