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
Wells Fargo Reportedly Fired More Than a Dozen Employees for Faking Keyboard Activity
The bank told Bloomberg that it "does not tolerate unethical behavior."
7 Ways You Might Be Damaging Your Credibility as an Entrepreneur
Here are seven credibility killers entrepreneurs need to be aware of.
Why Every Solopreneur Needs to Embrace AI-Powered Teams
With the right approach, solopreneurs can harness AI to drive efficiency, productivity and business growth.
These Are the 10 Best Online Side Hustles of 2024 to Earn Extra Cash
From teaching to testing artificial intelligence, these side hustles can earn you quick cash from home.
The Key to Real Innovation Is Cross-Pollination — Here Are 10 Ways to Implement It in Your Business
Transform your business with this unique approach to sparking innovation.
Clean up Your Mac Software with This $12 Family Plan, for One Week Only
Save on a program that can optimize your company's Mac computers.
