The Green Sheet, September 2013, with Dr. Ross Federgreen
Risk, fraud, and compliance are no strangers to the payments community. Daily procedures address issues relating to Payment Card Industry (PCI) Data Security Standard (DSS) compliance and monitor merchant and affiliate activities to spot risky behavior and oversee dealings with high-risk entities. Yet, these procedures are often viewed as a cost center rather than an opportunity for business growth and cost savings.
Easy-to-use tools can enhance scrutiny and reduce risk while saving time and money – and even provide new revenue streams.
The Green Sheet, February 2014
Bitcoin is a decentralized digital currency that can send payments over the Internet or through other electronic media. While bitcoin has many perceived advantages over traditional electronic payment methods, it introduces significant risks to the payment system and merchants and acquirers that accept bitcoin as a form of payment.
Additionally, bitcoin has all the trappings of a “bubble” that threatens to burst shortly.
The findings of this study suggest that while the FRR score provides a reasonable indication of financial fragility over a subsequent five-year period, the FRR score is little better than a coin flip in predicting whether a religiously affiliated higher education institution will be financially troubled enough to close within the subsequent five years. The study found that using a multi-factor model to predict closure results in higher predictive accuracy during the observed period.
Running a small business isn’t easy, even during the best times. According to the United States Small Business Administration:
30% of small businesses fail within two years
50% fail within five years
Only 25% of businesses last 15 years or longer
Any real estate agent or investor will tell you that running these unique businesses is challenging. You must manage a thousand moving pieces, ensuring that you stay on top of cash flow, vendor and employee performance, sales, marketing, and many other factors. Many real estate professionals struggle to manage all the different elements and their business struggles.
In this guide, you’ll discover practical steps to help your real estate business thrive even in the most challenging times. Doing these things won’t make things “easier,” but they could be the difference between your business surviving or dying.