4 Small Business Predictions For 2015

The outlook looks good for small business in 2015. Here are four predictions that will shape the coming year.

In 2014, Apple revolutionized the payments industry with Apple Pay. They made mobile payments easier than ever, allowing more businesses to accept transactions. In fact, Whole Foods processed over 150,000 transactions in the first month of incorporating Apple Pay into their stores—an indicator that mobile payments will increase in 2015.

WHAT CAN YOU DO?

Install near-field communication (NFC) terminals! Gravity Payments is equipped with the technology necessary to set-up your business seamlessly in order to accept Apple Pay payments. There is so much information at a business owner’s fingertips that many aren’t even aware of. The need for analytics is growing and in a way that can really make a difference in helping a business thrive. With Gravity Payment’s Customer Analytics, it’s simple to put action to insights.

WHAT CAN YOU DO?

Sign up for our Customer Analytics program!
With simple reports, valuable insights, and the ability to monitor online reviews and activity, the Customer Analytics program is the easiest way to take the guesswork out of growing your business.
Although there is a recession in Japan and fear of one in Europe, stocks should continue to rise. With no daily fear from a negative stock market, customers will be in a buying mood.

WHAT CAN YOU DO?

Ramp up on your marketing efforts! Start promoting bigger ticket items and sell services that may require a long-term commitment from your customers. With a relatively stable economy, banks will continue to increase their lending. This will cause more and more businesses (and your competition) to secure low, long-term loans to help them grow.

WHAT CAN YOU DO?

Instead of waiting for a bank loan, apply for our Working Capital program! You’ll get your funds almost immediately without all the process or hassle. There are no minimum amounts, no monthly payments, and it’s free and painless to apply.

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