Financial Sense Blog

How Can Ecommerce Owners Use the Latest Trends to Their Benefit?

Customers are beginning to expect personalized shopping experiences. Using the latest consumer  trends, ecommerce companies will be able to grow their businesses. In an article from Entrepreneur, author Thomas Smale writes, “Much has been said about personalization in ecommerce, which more than ever before is shifting toward tailoring the experience to individual customers. This point has been emphasized by thought…

Talent and Tech Are How Small Businesses Can Level the Playing Field

Business growth can stall due to lack of identity. Business owners should focus on their strengths while leveraging new technology to create a competitive advantage.   In an article from Entrepreneur, author Nancy Harris writes, “A recent survey conducted by our company, Sage, found the top challenges for small and medium-sized businesses included domestic competition, new economic policies and regulations,…

Important Changes for Both Businesses and Individuals in the New House Tax Bill

On Thursday, House Republican leadership continued their efforts for tax reform, presenting a new tax bill containing a wide variety of changes for both business and individual tax rates, writes Anna Edgerton and Erik Wasson of Bloomberg News. The authors detail the following elements contained in the proposed legislation: For businesses – A measure to cut the corporate tax rate…

Social Security Administration Announces 2018 Policy Adjustments

On October 13, 2017, the Social Security Administration (SSA) publicized a number of policy adjustments that will go into effect for 2018. The changes include the following: The maximum amount of wages subject to the 6.2% Social Security tax will rise from its current level of $127,200 to $128,700 (an increase of a little more than 1%); The maximum amount…

5 Types of Digital Fraud Impacting Online Retailers

As businesses migrate online, cybercrime is beginning to expand. Not only is digital fraud impacting online stores, the process of how hackers penetrate databases in evolving. In an article from Disruption Hub, author Laura Cox writes, “. In 2012, digital fraudsters cost online businesses in the US $3.5 billion, and the number has continued to grow. In fact, from 2015…

Is Disruptive Technology Damaging Business?

Disruptive technology is on the verge of taking over the business world. For those businesses that are not ready for such an impact, could disruptive technology wind up damaging business and consumer relations? In an article from Disruption Hub, author Laura Cox writes, “There’s a huge divide between businesses that are successfully using tech, and those that simply say they…