Benefits of Small Businesses Showcasing Customer Success Stories

Customer success stories are an essential marketing tool for any business. They provide insight into customer experiences, demonstrate customer trust and loyalty, and can showcase customer advocates who genuinely believe in the potential of a product or service. 

 

Learn how to unlock powerful insights for your business by leveraging customer success stories. This article demonstrates the advantages of weaving these testimonials into your marketing strategy and gives step-by-step guidance on creating ones that drive conversions and build strong relationships with customers.

 

Advantages

Customers have an intimate knowledge of a product or service and can provide valuable insights beyond what a business can offer. As such, obtaining a customer success story is a powerful marketing strategy. Here are some compelling reasons why you should strive to create these today.

 

Building trust

Many customers want proof that a product or service can help them achieve their desired success. For this, customer success stories can be invaluable in building trust. By highlighting how your product or service has helped other customers, you show potential customers that your offering is worth their investment and provides tangible results. This serves to bolster customer confidence and drive more people to sign up for your product or service. 

Demonstrating value

What are the product benefits? How will it make your life easier? What perks are associated with the purchase? The answers to these questions can help convince potential customers to choose your business over competitors. Demonstrating the level of value shows how a particular product or service has positively impacted different customers. 

Humanizing your brand

To truly capture customer interest, it helps to humanize your brand. Crafting testimonials that feature real people and their experiences with your product can help bridge this connection. This effective method makes customer engagement more personal and genuine. Such stories put a face and identity to the customer journey of using your brand. 

Moreover, these customer stories build trust around your brand by making it more relatable and highlighting individual achievements in real-life scenarios. A customer-led approach is sure to attract potential customers, solidifying loyalty and helping to extend the reach of your business further.

Generating publicity

As a customer-focused business, you must let your audience know when there have been successes and victories. After all, customer loyalty is the basis of any successful business. Posting customer success stories on your website and social media is a great way to generate publicity and attract new clients. It shows that your services achieve the desired results, promote customer satisfaction, and can expand brand awareness.

Getting Started

  • Tap into the power of word-of-mouth marketing by inquiring with your current customers about their experiences. Start out with a customer survey and ask your users if they would be willing to do an interview. Or sometimes, a simple email or post on LinkedIn could make it easy to start a conversation. Remember, you are also helping them by boosting their brand and potentially increasing site traffic.
  • Before you spread the good news of a customer success story, remember to get permission first. This safeguards both sides and ensures everyone is on the same page. 
  • Consider offering incentives such as discounts or freebies for customers participating in your testimonial program. The goals are to encourage more participation and increase engagement levels.  
  • Crafting customer stories with an emphasis on success makes customers feel valued and presents potential customers with a relatable vision of what they can achieve. By spotlighting the product/service’s impact instead of simply providing facts or features, you create engaging narratives that inspire others to reach their goals.
  • Consider collecting video testimonials from happy customers. Showcase the voices of your customers and spread a message that truly resonates.
  • Feature your customer stories on your digital platforms – blogs, social media, email newsletters, and websites. This will help spread the word to both existing and future customers. 

 

Conclusion

With your customers’ success stories, you could unlock a powerful tool for your business to help grow and retain long-term relationships with new and current patrons. When done right, these tales can draw in more leads while creating loyalty amongst those already working alongside you. 

Take time to develop engaging narratives showcasing how past clients have succeeded through using your products or services. Reap this vital reward by beginning to leverage customer success stories today.

 

Try FINSYNC’s accounting software with no upfront cost. The all-in-one platform allows you to create, review, and make transactions while simplifying your cash flow management.

 

Caked Las Vegas: A Tale of Small Business Success | FINSYNC

Dianne Pasiemiak is a WaFd Banker based in Las Vegas who focuses on small business support. For Dianne, providing this service is more than just a job; it’s a passion project that involves helping the entrepreneurs of her beloved city. As an avid outdoorswoman, Dianne takes full advantage of all the natural charms Las Vegas offers. At the same time, connecting business owners with products and services that WaFd Bank utilizes to help small businesses establish and grow.

In particular, she recently met with Caked Las Vegas owner Ricky Gudino. She presented him with an opportunity to take his business to the next level by introducing him to FINSYNC. An all-in-one financial platform engineered for effortless invoicing and accounting processes.

 

Dianne Pasiemiak and Caked owner Ricky Gudino

 

Without an efficient digital invoicing system, Ricky’s shop experienced a lot of difficulties. From keeping track of orders to delivering cakes for wedding celebrations that had already been canceled weeks before. They needed help! That is why Dianne recommended they switch from their previous paper-based payment processes to FINSYNC and ensure smooth success with each customer experience.

Managing money can be one of the trickiest parts of running a business, but with FINSYNC, business owners no longer need to worry about keeping track of their accounts. Automated payment reminders allow entrepreneurs to stay on top of due dates, ensuring straightforward transactions and timely payments. Managing cash flow has never been so easy; just a few clicks and owners can process payments online with minimum effort.

 

FINSYNC app dashboard

 

When Ricky found FINSYNC, he was able to leverage the all-in-one platform to automate his most tedious tasks and customer payments, which saved him a significant amount of time and money. Furthermore, the access to real-time financial information that FINSYNC provided enabled Ricky to make quicker and more accurate decisions when it came to managing his finances, helping him optimize his resources to help ensure prosperity in the long term.

Best of all, Ricky no longer has to wait for customers to pay him. FINSYNC’s CollectEarly™ helps take the hassle out of getting paid and lets Ricky focus on expanding his business. With CollectEarly, Ricky no longer needs to worry about when his customers will pay him; he can have the money in hand almost instantly. As more businesses discover the convenience of FINSYNC’s CollectEarly system, cash flow management is becoming easier than ever before.

 

cupcakes that Caked made

 

The next time you are in Vegas, visit Caked, and order custom cakes, gourmet cupcakes, desserts, and so much more for any occasion. Drawing in some top A-list celebrities like J-Lo and Lil Wayne, everything is made fresh with extreme attention to detail and delivered straight to your door. So if you’re looking for something unique for your next celebration or like indulging in some yummy goodness, visit Caked today.

 

 

Take your business to the next level, and check out the FINSYNC Resources page. With a few helpful tips and tricks, you could be one step closer to having your success story featured.

Siedah Mitchum FINSYNC Spotlight Interview

Small businesses often have limited resources and must react swiftly in order to survive, so knowing how and when to pivot is critical. Pivoting means adjusting your strategy on the fly in response to customer surveys and feedback, new market developments, or changes in customer behavior. It is not merely about reacting to external forces; it is also about being proactive and staying ahead of potential problems by anticipating what could happen next. 

 

Being able to pivot easily is one of the essential skills Siedah Mitchum has learned over the years. Siedah is an author, business mentor, and current owner of Her Love Collections, LLC, a retail store that creates and sells soy wax crystal candles. In addition, Siedah has opened her store to partner with other local vendors to provide an array of art and merchandise to help support her community. Read more about her business below.

 

Tell me about your company and what inspired you to start

I started making crystal candles, which I paired with my first book, I am Love – Learning to Love Yourself and Tap Into Your Power. The candles were a great way to support me during my journey.  

 

I took these candles to farmers’ markets or any company that allowed a small business to pop a table. After the pandemic, people were ready to get out, and I wanted to take advantage of this. I met a lot of vendors every Saturday and Sunday and eventually decided to start my own vendor store.

 

Now, we have two locations, one in Troy, New York, and another seasonal store in Crossgates Mall in Albany. 

 

What are some of the challenges you’ve faced as a small business owner?

Marketing has changed tremendously regarding getting people to come indoors and shop. I think this is one of the biggest challenges with retail right now. People have been comfortable with online sales. Comparing previous years to now, there is a big difference in holiday sales. 

 

What’s the best thing about being a small business owner? 

The best thing about being a small business owner is being able to create. I have very few restrictions that I have to abide by versus if I were an employee. So I can be creative in a specific environment and uphold a certain level of customer service. It is important that I can talk to my customers and get instant feedback while creating these ideas, like a new line of candles, for example.  

 

What prompted you to start using FINSYNC?

I was introduced to FINSYNC through SEFCU Bank, State Employees Federal Credit Union. They partnered me with BancCard for merchant processing. FINSYNC came highly recommended. Zac Kuzara with BancCard mentioned that FINSYNC is a place to complete invoicing with my vendors. I have about 80 vendors between both locations, and they rent space to have their stuff on the shelves. Therefore, I needed to be able to invoice all of them on the first of every month.

 

What are the biggest benefits your business has experienced using FINSYNC?

The invoicing has been amazing! I can create templates and have everything pre-done, setting dates so the invoices go out automatically. I can also see when the payments begin to come out of my bank account. I also like the calendar, so I can see what days I can expect the money in or out. 

 

How does having FINSYNC connected to your accounts make your business life easier?

The customer service has been amazing for email, chat, or phone. FINSYNC makes my life easier. It saves me so much time and is worth it! Since Day One, I have had tremendous help. I am a big stickler when it comes to customer service, and this is the only thing that will make or break a company for me. I have absolutely had a fantastic support experience with FINSYNC from multiple people. 

 

What advice do you have for those thinking about owning their own business?

Learn to pivot. Sometimes, having that 30% of capital available can provide options when you need to change it up. 

 

FINSYNC allows you to run your business on One Platform. You can send and receive payments, process payroll, automate accounting, and manage cash flow. To learn more about how we can help your business start, scale, and succeed, contact us today.

 

How to Choose the Right Payroll Software for Your Home Services Business

Running a home services business is no small feat. In managing your team of workers, you also have to keep track of payroll, invoicing, and scheduling. Over time, it can be easy for things to start slipping through the cracks. That is why it is so important to have a sound payroll system in place. 

The right payroll software can make all the difference in keeping your business running smoothly. But with so many options on the market, how do you choose the right one for your needs? This article will break down everything you need to know about choosing payroll software for your home services business. Keep reading to learn more!

Ease of Use

When selecting payroll software, it is essential to keep the complexity of options manageable for your decision-making process. Keep in mind your ultimate goal – a simple and easy-to-use solution. Therefore, you should look for an intuitive system that allows you to get up and running quickly. 

Focus on finding a platform with a user-friendly interface and getting familiar with shortcuts or other tools designed to make navigating the software painless and straightforward. It is a bonus if this new software has troubleshooting videos and excellent customer service to help you get started. In the long run, avoiding excessively complex solutions will make managing your payroll much smoother.

Compatibility

Another important consideration is compatibility. If the new software doesn’t integrate with existing applications such as invoicing and payments, it could compromise a smooth workflow, resulting in lost time and money spent on fixing problems. 

Ensuring the software APIs are compatible can help streamline workflow processes, avoid incompatibility issues, and eliminate frustrations in the future. As such, make sure to assess compatibility before formalizing your decision.

Communication

Managing a home services company requires staying on top of countless details, one of the most important and challenging being communication. It is easy to take too much precious time figuring out hours worked, direct deposit information, and taxes that need to be withheld. To save valuable time with these tasks, consider a payroll processing system that can help streamline the process for you and your staff. Automatic tax deductions, cloud-based time tracking, and employees can input their direct deposit information.

Invest in technology that will help streamline communication between you, your clients, and your employees for worry-free time tracking and payroll processing. Don’t let miscommunication get in the way of a successful business.

Pricing

Pricing is a significant consideration when selecting payroll software for your home business. Fortunately, many software vendors provide packages well-tailored to a wide variety of budgets that offer valuable features. Be sure to collect a complete list of features from each provider to make an informed decision. 

You also need to be mindful and ask about any hidden costs that may not be immediately clear. These additional fees may be included for services such as direct deposit or customer support. You need to be aware of these expenses before finalizing your choice. Doing this due diligence now can save you a lot of hassle in the long run.

Advanced Features

Some accounting software may require you to pay more if you need more advanced features like time tracking or employee self-service portals. However, FINSYNC does not require an additional charge for advanced features. The payroll software is already equipped with time tracking, employee login, and cloud access from virtually anywhere. Payroll can be complex, but having the right knowledge base will ensure potential risks are accounted for before installation.

Additionally, fees like setup fees, subscription rates, tax forms, and aggregate records should be considered before investing in a certain platform. So when selecting your payroll solution, always check to see if the features you need are included in the package or available for an additional cost.

Taxes

It is a necessity for any new payroll software to come equipped with automatic tax filings and deductions. Automatic tax filing benefits businesses as it streamlines the entire process, allowing an organization to be more efficient in managing payroll-related taxes. Automatic deductions further benefit businesses as they capture accurate information needed for compliance with taxation laws. 

Not only will this make the company compliant, but it will save precious time and money that could be used to focus on other aspects of their business operations. When searching for the best payroll software solution, remember the importance of having automatic tax filings and deductions capabilities integrated into your system.

Additional Employees

Most software providers charge per-employee and/or per-pay run depending on how many people are being paid and whether they receive their weekly, biweekly, or monthly wages. It’s vital to scrutinize details and research thoroughly before paying any fees; in some cases, providing a report afterward of when these extra charges were triggered may help you better budget for them in the future. 

Choosing payroll software for your home services business can be manageable. All you need to do is look for a system that integrates with your accounting software, supports direct deposit capabilities, and provides robust reporting features. Once you’ve identified at least a few options that meet those key criteria, you can compare prices to find the one most likely to fit your budget. Doing so will save you time and money in the long run and eliminate the hassle of managing employee wages in different applications.

 

Interested in learning more about the FINSYNC payroll system, part of our all-in-one platform? Start a free trial today!

How to Determine Profitability for Your Marketing Agency

Tap into the hidden power behind your marketing agency’s success! Get a comprehensive knowledge of how to calculate profits, allowing you to make smart investments that will maximize returns. Now is the time to uncover profitable opportunities and grow your business like never before.

This article reveals the challenges within the digital marketing industry, keeping up with technology and pricing changes and calculating the key metrics you should be tracking to determine your business’s profitability.  

Challenges

Calculating the profitability of a digital marketing agency is no small feat. With multiple interconnected income streams from different services and clients, measuring a real return on investment can be very complex. 

Add to this the dynamic nature of a digital agency, in which new product offerings, changing advertising strategies, and rapidly evolving trends can lead to unpredictable fluctuations in income and costs. 

Despite the complexity of the task, it’s still crucial for agencies to gather this data periodically so they can plan appropriately and make knowledgeable decisions that help them sustainably grow their business. 

Pricing Switch

As technology continues to impact many industries, the digital industry has been particularly affected in recent years. Many businesses are moving away from time-based billing and opting for flat-rate pricing models. 

    • Time-based billing measures progress by answering the question, “How long did this project take?”
    • Value-based pricing recognizes that particular work may require more or less time, depending on individual variables, and places a greater focus on the perceived benefits of a job. 
    • Flat rate pricing goes one step further by lumping deliverables into established packages with fixed prices. 

Moving away from charging for specific hours produces a win-win situation for both customers and vendors. Customers will know how much they will consistently pay, while agencies can predict revenue and more easily set competitive prices without worrying about chasing hours for payment. 

As businesses become more creative about how they charge for their services, these new models will drive innovation in the digital industry for some time. 

However, your agency’s success depends directly on your profitability. Let’s explore the steps needed for this essential process.

Gross Profit Margin (GPM) 

The first metric to consider is gross profit margin or GPM. Gross profit margin is a great way to gain insight into the efficiency of your business operations. By subtracting costs directly related to production from total revenue, you can get an accurate representation of efficiency; if the GPM percentage increases, then your processes become more profitable.

Project Scope 

Determining gross profitability at the client or project level can be a valuable tool for understanding the financial performance of your business. Accounting software programs like FINSYNC offer an easy way to track this data, providing insightful metrics that allow you to assess better how much value each customer is bringing in and how cost-efficiently you are running your operations. 

As part of your analytics inventory, this knowledge will provide you with a clear roadmap to success. Understanding gross profitability and overall project scope, a process that helps determine the overall project goals, can empower you to refine your budgeting measures and make decisions that drive increased profit and return on investment (ROI).

Marketing Agency Rule of Thirds

What is a successful marketing agency’s gross profit margin? Here we coin an old photography phrase, the rule of thirds, which has adapted to several different industries. This simple concept suggests that your business income should be divided into thirds. One-third is directly transferred to your employee wages, one-third to overhead, and the final third is your desired profit margin. 

The rule of thirds permits businesses to make enough profit while still having the resources to build their agencies in other areas. It also encourages reinvestment so agencies can continually improve while still having room for revenue growth. Finally, this method allows you to adapt quickly if market conditions change. 

Knowing what ideal profit margin you would like to achieve before determining expenses can be instrumental in setting yourself up for long-term success in the digital marketing space. Overall, marketing agencies often succeed with net profit margins ranging from 6-10%, with digital firms pushing the envelope even further, achieving 20% net profit or higher.

Conclusion 

At the end of the day, your business boils down to one thing – profit. Gross Profitability and strategic project scope give us a vivid reflection of how well your efforts are performing. This information can then be used to target resources, drive decision-making, and inform future projects in a way that keeps the company running efficiently and successfully. 

Furthermore, state-of-the-art accounting software helps businesses go beyond simple revenue and cost analyses to drill down into the details of their performance. Utilizing gross profit metrics and project or client costing insights gives business owners invaluable information on what’s leading them toward greater success.

 

FINSYNC continues to assist businesses in staying ahead of their competitors. Don’t miss out on future tips and tricks. Sign up for our small business blog

 

The Difference Between Point Solution and Platform Solution

Managing a small business is no easy feat. From managing cash flow and employees to keeping customers satisfied, entrepreneurs must juggle multiple tasks to keep their businesses up and running. Whether it be a point solution or a platform-based foundation, organization is critical, and a consistent process must be utilized. 

With the vast array of tools available, modernizing your operations with technology can be overwhelming. Finding what fits best for you amidst all this noise is key to effortlessly optimizing business processes and increasing efficiency.

Do you need a platform or point solution? What’s the difference between the two, and which is right for your business? Keep reading to learn more.

What is a Point Solution?  

A point solution is a single software application that serves a specific purpose, such as Skype or Slack. These software solutions are typically easy to set up and self-contained, with no additional programs required to run and use, but have little customizability or scalability. Point solutions might be right for businesses with very specific needs that can be met by one particular application. 

Point Solution Pros and Cons

Point solutions have a few advantages over platforms regarding running your business. First, point software is designed for specific tasks, so it tends to be simpler to use than platforms, even for people with little technical expertise. 

However, some disadvantages are associated with using point solutions compared to platforms for your business needs. 

Initially, software presents a convenient approach to completing specific tasks, yet its lack of flexibility can prevent it from having the extensive capabilities that platforms provide. 

Also, while most software programs offer regular updates and security patches free of charge, some older programs may no longer receive these updates. This older, outdated software can sometimes leave your business vulnerable if you continue using them. 

A great example of this is running an old, out-of-date accounting software like Quickbooks Desktop that is not cloud-based or even online. It is imperative to resolve this situation by switching to newer versions or an alternative program if you are currently in this situation. 

Platform Solution

A platform is a type of software that provides a foundation on which other applications can be built. Developers often use platforms to create new applications or house existing applications in one place. However, businesses can also use them to develop internal tools, APIs, or integrations with other systems. Popular examples of platforms include SalesForce, HubSpot, and Google’s Android operating system.

Advantages of Using a Platform

There are several advantages to using a platform over traditional software for your business:

    1. Platforms tend to be more flexible than software. This means that you can often customize them to fit your unique needs.
    2. Because platforms are designed to support multiple applications, they offer greater functionality than most software programs.
    3. Platforms are often easier to use than software because they provide users with a consistent interface across all applications.

Many businesses have begun to rely on platforms for their operations instead of traditional software. This shift has provided more benefits, including cost savings, improved performance, and better customer experience.

Scalability

With a platform solution, you can easily scale up or down as needed to meet the demands of your changing business needs. For example, suppose you need additional users or employees or have access to new features such as payroll. A platform solution allows you to purchase these without buying an entirely new system or worrying about compatibility issues with existing systems. 

This built-in flexibility helps ensure that your business remains agile, allowing you to pivot quickly when faced with changes, demand shifts, or other outside influences. Platform solutions can provide an excellent foundation for businesses looking for agility and flexibility in the ever-changing market.

Time Savings & Security 

Protecting your data is paramount, and platform solutions are designed to keep it secure. They’re hosted on highly guarded servers with built-in firewalls and safeguards against cyber security threats like malicious software or data breaches, giving you the utmost peace of mind that your information stays safe.

Additionally, because everything is under one roof with platform solution providers, including customer service, this removes the need for managing multiple vendors who offer point solution services which can save time in the long run.

Conclusion

When looking for an accounting service that is easy to use and offers all the benefits of point solutions and platform integration, look no further. FINSYNC’s business platform gives you the best of both worlds. You get user-friendly software with an all-in-one convenience explicitly designed for small businesses like yours. 

We know firsthand how challenging it can be to start your own business, especially on a tight budget. That’s why we offer a powerful platform with affordable packages that will fit any size company regardless of their financial situation. 

 

FINSYNC is the only all-in-one platform that helps businesses sync all their finances, centralize cash flow control, and automate payments and payroll for your organization.

The 2023 Holiday Calendar & Voting Day Dilemma

 

Knowing what holidays are coming up in the year ahead is essential for small business owners. Not only do you need to plan for your own operations, but you also need to be aware of the holiday landscape to plan and pay your employees. 

 

In this article, you will find the 2023 holiday calendar, a detailed overview of Juneteenth, discuss holiday pay in certain industries, and examine the argument that US voting day should be a federal holiday. 

 

2023 Holiday Calendar

 

Juneteenth’s History and Significance

 

Juneteenth (June 19) is a day of commemoration and celebration for African Americans. It marked the anniversary of enslaved people in Texas finally being granted freedom on June 19, 1865. This date occurred two years after President Abraham Lincoln signed the Emancipation Proclamation. 

 

Juneteenth has become a symbol of resilience and liberation throughout the United States. Also known as Freedom Day or Emancipation Day, celebrations occur across cities nationwide. In addition to commemorating emancipation from slavery, Juneteenth is also celebrated as an important milestone in American civil rights history.    

 

Holiday Pay in Certain Industries 

 

Specific industries are required by law to pay employees time-and-a-half wages if they work on major holidays such as Christmas or Thanksgiving. This includes retail stores and restaurants with more than 500 employees worldwide; hotels with more than 100 rooms; hospitals; nursing homes; transportation companies; oil refinery workers; and workers employed by large amusement parks or theme parks (as defined by federal labor laws).

 

All other employers are not legally mandated to pay their employees extra for working on holidays unless their contracts specify otherwise. However, many small businesses have included this as a paid holiday for their employees to minimize signs of burnout

 

Therefore, it is critical to understand what kind of payment you will provide your employees throughout the year. Make sure to research local labor laws regarding overtime pay to ensure compliance with all regulations while still providing fair compensation for your staff. 

 

Voting Day Controversy

 

Nearly two centuries ago, Congress decided to create Election Day in 1845 to keep democracy fair and equitable. This life-changing legislation had the primary purpose of warding off any issues with early voting results influencing turnout or swaying opinion in later states, which could have potentially determined the fate of national elections. By setting one day for everyone nationwide, the Tuesday following the first Monday in November, Congress ensured that each individual’s vote would carry the same weight.

 

There has been a growing movement in recent years that calls for making Election Day a federal holiday so that citizens have more time to exercise their right to vote without worrying about taking time off from work or school. There are numerous arguments both for and against this new holiday creation. 

 

Proponents argue that giving citizens an extra day off would boost voter turnout significantly. At the same time, opponents claim it would be too costly and impractical due to logistical issues associated with running elections on one specific day each year. The debate continues; however, no changes have yet been made regarding this issue thus far.    

 

Conclusion

 

Holidays are essential to any small business owner’s operations planning process, especially regarding payroll management and scheduling employee shifts accordingly. We hope you found this information useful. By getting familiar with all upcoming holidays now, you’ll be better prepared when it comes time to make those critical decisions in just a few short weeks. 

 

How FINSYNC Can Help

 

FINSYNC allows you to run your business on One Platform. You can send and receive payments, process payroll, automate accounting, and manage cash flow. To learn more about how we can help your business start, scale, and succeed, contact us today.

Laurie Gable WaFd Banker Spotlight Interview

Change can be intimidating, especially when it comes to something as crucial as your business. But taking a risk and venturing out of the box could result in great rewards; just ask WaFd Branch Manager Laurie Gable. She has seen first-hand how FINSYNC’s platform can immensely benefit businesses; by streamlining processes and saving time & money.  

 

To help her clients sync up their financial management, Laurie has found that FINSYNC is user-friendly and will lead to long-term savings. But many businesses are hesitant to leave their comfort zone and try new solutions, even when the potential rewards may be significant. Business owners often opt for the status quo and shy away from new technologies. But true success happens when small business owners revolutionize how they manage finances. It is time for a financial revolution! 

 

Read on to find out how Laurie helps entrepreneurs break away from routine and unlock previously unseen possibilities for success.

What do you enjoy the most about your job?

I enjoy my job as the branch manager. I think it is mainly because I love the company I work for. I have been working in the industry for many years, and this journey with WaFd Bank is probably the most enjoyable in my entire career.

 

What is your favorite part of being on the WaFd team?

I never have to take my work home, which for me creates unnecessary stress. Sure, there are certain issues that I think about when I get home because I deeply care about my clients. But as far as taking stress home with me, I don’t feel that kind of stress at WaFd. I have worked in companies where I would wake up at two in the morning trying to figure out a problem, which was just too stressful. It also helps that we don’t work weekends, that means a lot to me. 

 

How do you locate business owners that may be a good match for FINSYNC?

I am newer to FINSYNC and am transparent with my clients about this. I have seen the products and demos, and if I were a business owner, I would want to have the FINSYNC rep explain everything to me because it looks so awesome. I tell clients they should just try it because it may or may not be a good fit for them. At the same time, we encourage their feedback. That will help us since we are still in the learning period.

 

What has helped you understand FINSYNC?

Even though it is new, we already have seven referrals in just a few weeks. There is definitely a demand. I think the demos have really helped us to get the ball rolling. So I have recommended that other managers try a demo at least because that will provide so much information. Especially since there is a lot of demand in the market right now. Some bankers are afraid to bring it up, and they fear that they don’t know enough about it. 

 

I also recommend FINSYNC to our customers who may need more time to be ready to switch from Quickbooks. Often when they say they like Quickbooks, it is all they know, and signing up for a new system seems complicated. So I tell them to give it a chance and do a demo. Because they are probably going to like this a lot better than Quickbooks, and there is a lot more to offer. 

 

How do you locate your small business customers?

Sometimes I catch them off guard when they don’t know I work for a bank and approach them more naturally. For example, yesterday, I was in a jewelry store getting some batteries for a watch. The worker was trying to run my card through a POS merchant, which took a long time. I then handed her my WaFd business card and told her we needed to get her a better merchant services device, and when she was ready to give me a call. 

 

What do you like best about FINSYNC?

What I like so far is the customer service. The two people in my office who are also familiar with FINSYNC have given me the same feedback: your customer service is hands down the best! Since we have experienced this ourselves, we pass that along to our clients. Because good customer service is essential.

 

If you are a banker that would like to start referring FINSYNC, contact us today, and we will give you all the tools you need to be successful. 

New Invoicing Approach to Assist Construction Companies

Construction companies continuously struggle with labor shortages, rising inflation costs, and supply chain disruptions. But now you can help offset a significant obstacle within this industry–waiting for your customer to pay on an invoice.

Owning a construction business, you probably are already aware that sometimes it can take weeks or even months to receive payment on projects. This can make it challenging to keep up with production or invest in new growth opportunities.

However, there is a solution.

CollectEarly™ offers a way to get paid on your invoices immediately, so you can keep your business moving forward. With more liquid capital, you can easily adjust to new project demands and comfortably pursue new customers. CollectEarly™ is an essential tool for any business owner.

CollectEarly™

There is no need to wait to get paid. CollectEarly™ offers a solution to business cash flow problems by allowing owners to collect payment on their invoices ahead of time. This means construction companies can keep projects moving forward without waiting for payments, which makes CollectEarly™ a valuable tool for companies of all sizes.

Construction Expenses

Construction companies often have to juggle a lot of balls when it comes to managing cash flow. They have to pay for materials and labor while also dealing with the often-lengthy timeline of waiting for client payments. This can result in construction projects grinding to a halt due to a lack of funds, which can be frustrating for the workers, the company, and the client.

CollectEarly™ counteracts this problem by allowing owners to collect payment on their invoices on the same day. This means construction companies can keep projects moving forward without waiting for net 30 payments, which makes CollectEarly™ an essential tool for any construction company that wants to keep its projects on track.

Technology & Growth

The construction industry has long been known for needing to be faster to adopt new technologies. Although construction is highly technical, business owners have hesitated to invest in new tech that will eventually be cost-effective.

There are several reasons for this reluctance, which are listed below.

    1. First, construction is a high-risk business: any mistake can be costly, so business owners are understandably hesitant to embrace new technologies.
    2. The construction industry is fragmented, with many small businesses competing for work. This fragmentation makes it difficult for companies to justify the expense of investing in new tech.
    3. Third, the construction industry needs to be faster to professionalize, making it harder for companies to attract and retain talented employees who are comfortable working with new construction technologies.
    4. The final reason is where CollectEarly™ can really make a difference and this is in the lack of consistent cash flow.

You can’t afford to wait to invest in the latest tech that will save you money in the long run. So the more options you have, the better you will be able to be proactive with your capital.

Final Thoughts

As you are already aware, waiting for customers to pay their invoices can strain your resources, especially in the construction industry, where the labor demand is typically high. CollectEarly™ is the perfect tool to collect payments quickly and efficiently. Whether you’re looking for a simple way to collect payments immediately or need a more robust system for tracking invoices, FINSYNC has you covered. Stop waiting for customers to pay their invoices and start collecting early today.

 

Learn more about CollectEarly™ and start getting paid on your invoices in 4 hours versus 4 weeks.

Small Business Spotlight Interview With Judith Joachim

Tragedies can sometimes offer unexpected paths to a new purpose. Judith Joachim with CC’s Home Health Care has followed this path. Judith has always helped people in her extensive nursing career. When her mother finally needed assisted care in the last years of her life, Judith was there as much as possible. 

However, her mother’s determination to remain independent and live in her own house led to a terrible fall, putting her in the hospital until she passed. Judith decided to use this experience for the better and create her own assisted living company. Judith was determined to create a company that would give people the care they needed and deserved. This way, more independent individuals will still have the feeling of living in a loving family home environment. Best of all, she named it after her mother.

 

Tell me about your company and how your idea originated.

During my master’s degree in nursing, my final class project was to create a company or project around nursing. I chose running an assisted living facility because I have worked in healthcare for over 20 years. I started when I was 15 as a candy striper so helping people is basically my life. 

What inspired you to start your company?

After I graduated, my elderly mom was also going through her own health issues. My mom was always an independent woman, not wanting others to do things for her. But when the time came when she needed help, I became very hands-on and helped her with her care. She lived with us here in Georgia, but she ultimately decided to go back to Florida to remain more independent. Unfortunately, her health really declined, and I planned for her to come back to us. But she fell and wound up in a nursing home and, sadly, passed away in 2018 at the age of 83. 

This situation really pushed me to move forward with my business. I named it CC’s Family Home Care after my mom, and we take care of elderly clients who want to remain in a family home environment. 

What are some of the challenges you’ve faced as a small business owner?

We had a client with dementia and other issues which presented us with a situation where she needed 24-hour round-the-clock care. So my husband and daughter have pitched in, and we tag team the rigorous schedule. 

Additionally, we are looking to extend to another location which is another challenge right now. We plan to purchase a second home and renovate it for more clients. 

What’s the best thing about being a small business owner? 

I get to choose what I do, when I do it, and how I do it. I can try something and see if it works and if it doesn’t, I control the next steps.

What prompted you to start using FINSYNC?

This client came into my life, and she was looking for a place for her mom. After seeing our facility, she called and said she was bringing her mother in. Right then, I realized I had to partner with a company that would handle payments. I knew I couldn’t just take a credit card number, so I went to my credit union to find out if they could recommend someone, and they introduced me to FINSYNC.

I spoke with Jack Stone, who was very nice and personable; he made me feel comfortable. After speaking with Jack and seeing the platform, this prompted me to join FINSYNC.

What are the biggest benefits your business has experienced using FINSYNC?

I like the fact that I can create an invoice, send it and create a copy of it so I can go back to it. This helps so much with my organization. 

What financial institutions do you have connected to FINSYNC?

LGE Credit Union is who referred me. I was looking for programs that could easily handle the payments side of my business, and so LGE recommended me to your company.

 

What would help you the most right now with your business?

I am interested in having a mentor. Someone that has been there before and is willing to teach and give valuable advice. Day by day, I am always learning something new. 

Anything else you would like to share with other potential and actual small business owners?

The internet is a great place for research. Just try things out; if it doesn’t work, you can adjust. Keep the faith!! I feel in my heart that quitting is definitely not an option. I have been in this for so long, I will do whatever it takes to succeed. 

 

Are you a small business owner? We would love to hear your story. Maybe your business will be featured one day, like Judith!

Apply For Business
Checking Account

Before you get started

1

We are not able to service these businesses at the moment:

  • Crypto Currency and Money Services
  • Privately Owned ATMs
  • Marijuana-Related
  • Gambling
  • Money Services Business
  • Business headquartered outside of the U.S.
2

At this time we are offering online business checking accounts through bank partners in these states:

  • Arizona
  • California
  • Idaho
  • Nevada
  • New Mexico
  • Oregon
  • Texas
  • Utah
  • Washington

Is your business in one of these states?