by Steve Pollak | Apr 19, 2018 | News
The world of small business funding is much more complicated and varied than it was prior to the financial crises of the late 2000s. In the aftermath of the Great Recession, many banks stopped lending to small businesses and startups. When these banks left the scene,...
by Steve Pollak | Apr 17, 2018 | Hospitality, News
The U.S. Small Business Administration (SBA) hosts National Small Business Week each year to honor and highlight entrepreneurs and small business owners across the country. This year’s event will take place from April 29 to May 5 and features a virtual conference as...
by Steve Pollak | Mar 29, 2018 | News, Point Of Sale
Each day seems to bring new headlines about data breaches of all types of systems, including restaurant point-of-sale systems. Earlier this month, the owners of 167 Applebee’s franchise locations warned customers that its restaurants were affected by malware on the...
by Steve Pollak | Mar 28, 2018 | News, Point Of Sale, Security
It’s not common but almost everyone knows of at least one place in their town that does not accept credit cards. It’s easy to imagine why: the business owner doesn’t like to pay the fees associated with swiping a card. But now, the opposite payment set up seems to be...
by Steve Pollak | Mar 6, 2018 | Grocery, Hospitality, News, Point Of Sale
You’ve seen the ads: ‘Kids Eat Free on Mondays!’ or ‘Half-Priced Oysters on Friday’ or ‘Free Sandwich On Your Birthday!’ But, why would any business knowingly take a loss on an item? The answer is that the business (hopefully) makes up for the loss in other ways. The...
by Steve Pollak | Feb 28, 2018 | Hospitality, News
You’re already on Facebook, Twitter and LinkedIn. Do you really need another social media property? If you’re a restaurant or a retail shop with great visuals, then, yes, it makes sense to go ahead and add one more. In this case, you’ll want to get on Instagram. Why...
by Steve Pollak | Feb 27, 2018 | News
Back in 2016, Visa and American Express enacted policies designed to smooth the adoption of EMV technology by businesses. The policy blocked all U.S. counterfeit fraud chargebacks under $25 and limited the number of counterfeit chargebacks to a total of 10 per card...
by Steve Pollak | Feb 19, 2018 | Grocery, News
While it’s not a grocery store, Starbucks shares some characteristics of a food distributor. Customers can purchase items in bulk, they often make regular trips to their favorite location and they can use a loyalty program to qualify for free or discounted products....
by Steve Pollak | Feb 15, 2018 | Hospitality, News
There are few capital improvements that are more important than your human capital. Indeed, the employees that make up the bulk of retail and restaurant operations need to be top notch because they’re the ones interacting and helping your customers. So when...
by Steve Pollak | Feb 14, 2018 | News
Wondering why so many restaurants are introducing self-service kiosks, tablets and other technology? An interesting trend has occurred over the last several years: several large entities in the food industry have introduced apps, kiosks and other self-service...
