Business Management Consulting
This indicates both the industry of, and the practice of, helping organizations improve their performance, primarily through the analysis of existing business problems and development of plans for improvement.
Organizations hire the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants’ specialized expertise.
Merchant Services
Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer’s credit or debit card. More generally, the term includes the following in its use: Credit and debit cards payment processing, check guarantee, and check conversion services, gift and loyalty card programs, payment gateway, email marketing, mobile text-based marketing, direct mail marketing, merchant cash advances, online ordering systems, point of sales systems, and pre-paid cell phones.
Business-to-Business
The volume of B2B transactions is much higher than the volume of B2C transactions. The primary reason for this is that in a typical supply chain there will be many B2B transactions involving subcomponent or raw materials, and only one B2C transaction, specifically sale of the finished product to the end customer. For example, an automobile manufacturer makes several B2B transactions such as buying tires, glass, and rubber hoses for its vehicles. The final transaction, a finished vehicle sold to the consumer, is a single (B2C) transaction.
Commercial Finance Advisory
A commercial finance advisor is a professional that businesses contract to consult on business financing and corporate banking relationships.
Fluent in all manner of commercial finance options available, as well as holding a deep understanding of business cash flow and bank credit assessment processes, the Commercial Finance Advisor can become an invaluable ally of business.