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The Basics of Accepting Online Payments

One of the needs that will become more apparent as your business grows and scales is a payment processor allowing you to work online. Lots of small businesses who begin selling to a local base of customers eventually branch out to an online business. This brief guide will breakdown some important concepts to keep in mind as you look for a quality merchant service to work with. Payments Your customer... [Read more]

The growing philanthropy of Billionaire Len Blavatnik

Written by Access Industries The London-based billionaire Len Blavatnik has been funding scientific research as well as overall learning for years. Blavatnik who has made his billions by investing in the post-Soviet aluminum and energy companies has a current net worth of $15.7 billion. In addition, he is also the owner of various media properties such as the Warner Music Group. Blavatnik and his wife... [Read more]

Three Distinct Benefits to Using a Digital Wallet

Digital wallets offer a completely new take on paying for goods and services, and could soon become an ubiquitous part of life. These applications allow the secure transfer of money over a network, and through a mobile device. No more cards to carry, no more wallets to worry about. If you secure your device, your digital wallet will be available anywhere you can find a network connection. Here are... [Read more]

REIT Investments Explained

By Phin Upham If you’re new to investing, a term you might hear thrown around a lot is “REIT”, which stands for Real Estate Investment Trust. These companies hold income-producing real estate, and are a source for regular income. That’s because REITS typically pay most or all of their taxable income out to shareholders, who pay the taxes instead. REITs give individual investors an important... [Read more]

Practical Tips on Reducing Financial Risks to Your Business

When you are running a business of your own, there are always risks involved. The first thing that probably comes to mind is your cash flow. When you run out of money or credit, your business ceases to operate until you begin funding it again. Risk management is one of the most important elements of a startup business. This separates the great from the successful. When you are dealing with a limited... [Read more]

The Greek Depression: What Happened

By Phin Upham The Greek debt crisis is the most memorable of the crises to the hit the Eurozone beginning in 2009, but it was actually one of five crises at the time. Greece was struggling with fallout from the Great Recession in America, and weaknesses in the structure of the Greek economy contributed heavily to the decline of the country. Greece was introduced to the Eurozone in 1999, when a common... [Read more]

What is FinTech?

By Phin Upham FinTech, or financial technology, is the backbone of the financial system today and into the future. It’s a system of businesses, and in some cases literal networks, that provide a series of financial services to businesses and individuals. FinTech isn’t big banks, but big banks are very interested in this growing phenomenon. The world of FinTech is extremely fast-paced, with many... [Read more]

From Grocer to Pipe Maker: John Joseph Eagan

By Samuel Phineas Upham John Joseph Eagan, born in April of 1870, went from grocer to pipe maker, becoming co-founder of the American Cast Iron Pipe Company. He left school at 16 to go and work at a grocery store. His uncle offered him a job at his tobacco store, and John took it. The two worked well together, and John felt fairly steady. He inherited $6,000 when his grandmother died, a modest sum,... [Read more]

Amar Bose: A Dedicated Audiophile

By Phineas Upham If you’ve ever heard the sound of a Bose speaker and nodded in appreciation, you can thank Amar Bose. Bose had always been fascinated by electronics, even as a young boy. He would disassemble and reassemble all manner of radios and other gadgets from around the house. This talent would pay dividends when America went to the Second World War His father’s business was facing hard... [Read more]

H&M and the Concept of Fast Fashion

By Phin Upham H&M has been growing in popularity all across America, but it’s a Swedish brand. Today, the company employs more than 100,000 people all over the world, and it has 3,500 stores spread across 55 countries. It was opened in 1947, after Erling Persson took a trip to the United States. Either our fashions were behind the times or too expensive, because Persson got the idea to offer... [Read more]

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