Master Card Biz | Small Business Finance Blog
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Find finance news and financial advice for small business owners at the MasterCard Business Network Blog.
Master Card Biz | Small Business Finance Blog
4y ago
As someone who has spent her entire career supporting small businesses, first at some of the world’s biggest multinational banks and now at Mastercard, it pains me to see how the COVID-19 pandemic is hurting small businesses in this country and globally. We often say that small businesses are the backbones of their communities, but that observation has never been more deeply felt than now.
We all have a small business owner in our lives – they are our friends, family members, and neighbors. What’s more, small businesses employ almost half of the workforce in the U.S.1 Of those businesses, 92 ..read more
Master Card Biz | Small Business Finance Blog
5y ago
What do you think makes a successful small business owner?
Is it a roll up your sleeves attitude? A willingness to do it all – even if that means coming in early and staying up late?
It’s probably all of the above. We must become marketers, salespeople, and customer support experts. Every day (sometimes every minute) requires us to put on different hats and solve problems.
These traits are key. A limited budget inspires us to be creative and learn about practically every aspect of business.
But this insistence on doing it all can become a liability. Once you have your business off the ground ..read more
Master Card Biz | Small Business Finance Blog
5y ago
Owning your own business is empowering, but it can also feel overwhelming — especially at the onset. To celebrate and support female entrepreneurs and kick off Small Business Month, Mastercard partnered with Create & Cultivate for a conference held in New York on May 4, 2019, to help inspire, educate and help women pursue their entrepreneurial passions.
The one-day, high-energy event attracted 1,500 women in various stages of business ownership. The packed schedule provided a valuable program of workshops, panels, mentor sessions, pop-up shops, photo booths and more.
Women open businesses ..read more
Master Card Biz | Small Business Finance Blog
5y ago
Small business owners are constantly reminded of the daunting challenge to protect their data – including data of their employees, customers, and partners – from online hackers and scammers. The challenge is real and complex, but some very effective solutions are not.
A focus on protecting the “core four” issues that, if unaddressed, can create the greatest vulnerabilities will enable small business owners to sleep at night and know that they are protected from the most likely causes of breaches and related attacks.
Every small business owner should ensure their companies are focused on the fo ..read more
Master Card Biz | Small Business Finance Blog
5y ago
Small businesses are the lifeblood of a community and provide all manner of essential services and support to enterprise businesses and government. The global economic importance of small businesses cannot be overstated, and so it is critical that small businesses are protected from the ever-increasing volume of cyber-attacks targeting them. Because of the interconnectivity of small businesses within the global ecosystem, a successful cyber-attack on a set of small businesses could have devastating impacts more broadly on the sector, geographic region, and across the globe.
Here are the six ar ..read more