With the New Year in full effect, there are a few regulatory changes that could affect many small businesses in the United States causing them to look for additional ways to save money and cut costs.
1. Obamacare: Companies with over 50 employees will now be required to offer insurance.
2. Mobile Payments: With the continued popularity of mobile payment processing and increase of large scale data breaches, small businesses should consider accepting mobile payments and increasing payment security in order to compete in the marketplace.
Small businesses are already working with much tighter budgets this year due to federal budget constraints, so both of these issues will only add fuel to the fire. It is important that businesses look for ways to save money now. One step is by choosing the right credit card to save money on traditional business expenses. CompareCards’ survival toolkit will help small businesses choose the best card for them that offers the most rewards.
Infographic by: CompareCards
1. Obamacare: Companies with over 50 employees will now be required to offer insurance.
Small businesses are already working with much tighter budgets this year due to federal budget constraints, so both of these issues will only add fuel to the fire. It is important that businesses look for ways to save money now. One step is by choosing the right credit card to save money on traditional business expenses. CompareCards’ survival toolkit will help small businesses choose the best card for them that offers the most rewards.
Infographic by: CompareCards
