Solutions for small and medium enterprises (2023)

1. Offer begins October 3, 2022 and ends September 30, 2024. Offer available in the US only to Mastercard BusinessCard, World and World Elite Mastercard for Business cardholders who purchase a new physical subscription to Adobe Creative Cloud for individuals. Offer only available on Creative Cloud for individual prepaid plans One app or All apps with auto-renewing subscription purchased throughAdobe.sor by calling customer service. Prepay with your Mastercard BusinessCard and get two months free with any eligible plan. Pay up front with the World of World Elite Mastercard for Business and you'll get four free months added to any eligible plan. Limitation: Cardholders may purchase only one Adobe plan or subscription per eligible card. Compulsory commitment of 12 months. at the end of yours12 monthsAfter the subscription period, Mastercard BusinessCard holders will not be charged for an additional two months, and World and World Elite Mastercard for Business cardholders will not be charged for an additional four months. At the end of the two or four month promotional period, your subscription will automatically renew at the current price for the remaining eight or ten months of your subscription, unless you choose to change or cancel your subscription. You can cancel your subscription at any time through yourKonto Adobewebsite or by contacting usCustomer service. Offer not available to Education, Creative Cloud for Teams, OEM or Volume Licensing customers. Offer not available for non-auto-renewable subscriptions. Vermont customers must sign up for automatic renewal to participate in this offer. This offer may be combined with other promotions that Adobe may offer.

(Video) Solutions to the Problems of Small and Medium Businesses

Terms and Conditions: Applies only to eligible individuals 18 or older with a qualifying Mastercard Small Business Card. A "Qualifying Small Business Mastercard" is a US-issued Mastercard card primarily offered to small business cardholders who intend to use the card primarily for small business purposes. Residents of or persons in embargoed countries or countries subject to US or local export restrictions are not eligible. The offer and prices are subject to change without notice due to unforeseen circumstances. Offer may not be transferred, exchanged, sold, transferred, combined or exchanged for money or other goods and services not expressly stated as included. Depending on availability at the recipient's home. Additional terms and conditions may apply. NOTWITHSTANDING WHERE PROHIBITED OR RESTRICTED BY LAW.

2. The offer expires on 31.3.2024. New customers pay their first annual subscription to McAfee Total Protection for Mastercard via MastercardReleased in the USAA small business credit, debit or prepaid card gets a special introductory price13 monthssubscription period. Customers will too13 monthsMcAfee TechMate at no additional cost. Limit one offer per cardholder. Unless you cancel your initial one13 monthsat least a subscription30 danabefore it expires, you will be charged the subscription renewal fee in effect at the time of renewal, which will automatically renew12 monthsdeadline. You can cancel at any time by going to yourMy Account page. For all terms and conditions

3. Eligible Customer will receive a $500 credit for that Eligible Customer's first load delivered to the Uber Freight Broadcast Platform no later than December 31, 2023. Eligible Customer will receive an additional $500 top-up bonus if they spend at least $5,000 to pay for the following of Uber Freight loads using Mastercard Small Business within the first 90 days after the initial $500 top-up. An Eligible User is a User who (i) is a new user of the Shipper's Uber Freight Platform, (ii) has successfully bid and delivered at least one load on the Shipper's Uber Freight Platform during the Eligibility Period, and (iii) has a Mastercard Small Business Card as a payment method in account of the Qualified Customer. Additional terms and conditions apply. For all terms and conditions of the offer Terms are subject to change at any time and will be effective upon posting of updated terms.

4. View the full terms and conditions of the offer at Offer available through December 31, 2023 for new Uber for Business customers with eligible spend on U.S.-issued Mastercard Small Business cards. Get a $50 voucher for a minimum spend of $100 within the first 30 days. Score another $50 coupon for an additional $100 ($200 total) in spending in the first 90 days.

(Video) SAP Crystal Solutions for Small to Medium-Sized Businesses

5. Access to the publisher platform and offers is only for cardholders of participating US publishers (details below). Cardholders can enroll in health insurance on the Stride platform during the annual open enrollment period or if they have a qualifying life event. Through the Stride channel, Mastercard Small Business cardholders in the US can access e.g30 danafree trial period of AXA's My Medical Champion telehealth service. The free trial starts when you sign up for My Medical Champion and ends 30 days later.

Participation: If the bank that issued your Mastercard Small Business card has notified you that it has registered with Stride Health, you will be able to access the platform through a partner platform between the card issuer and Stride.

By creating an account on Stride, you agree to the published termsHere.

6. Valid until 31.03.24. For a free ShopRunner membership offer, kudos to Mastercard, confirm your eligibility for the offer using your World Mastercard or World Elite Mastercard account number, then complete your ShopRunner membership account registration. For more information on how a ShopRunner membership works, see the ShopRunner Terms of govern the use of your ShopRunner membership offer.

(Video) 2022 SME Assembly - Digital Transformation of SMEs

7. Rules apply. Offer applies to Mastercard Small Business cards issued in the United States only. Offer not valid for existing Zoho customers and applies to new customers only. Offer applies to the first year of subscription only, not to subsequent renewals. The price is in US dollars. Offer is non-transferable and cannot be exchanged for cash, check or any form of credit. Mastercard is not responsible for the provision of Zoho Services. The two offers cannot be combined and no additional discounts or offers will apply. The offer is for a limited time and is subject to change without notice.

8. Applies to World Elite Mastercard cardholders. Program terms are subject to change without notice.

9. For each new Microsoft Advertising user, a $125.00 credit will automatically be applied to the user's Microsoft advertising account when the user spends $10.00 on Microsoft Advertising with a credit, debit card or Mastercard Small Business prepaid card. $125.00 will be credited to each participating customer's Microsoft Advertising account after they spend $10.00 in accordance with the terms of the offer. Additionally, the $125.00 credit must be redeemed within 90 days of award. Valid in US only for new customers. A new user is a user who did not previously have an active Microsoft Advertising account.

10. Annual contract required. The promotional price is for one user per month and applies only to the first annual subscription. The promotion does not apply to services added after the first check-out. The offer is non-transferable and cannot be combined with other offers. You must complete a free trial of Essentials and use a valid Mastercard Small Business card issued in the US or Canada at checkout. Offer available to new Salesforce Essentials users only. Sales tax may be charged where applicable. Mastercard is not responsible for the provision of Salesforce services. The offer is for a limited time and is subject to change without notice. The offer is valid until August 15, 2023.

(Video) SMEs Support | IT Services for Small and Medium Businesses

11. See QuickBooks Online and QuickBooks Online Payroll terms on the page The offer is valid for new customers only. Terms, prices, special features and service and support options are subject to change without notice.

12. Visit the TurboTax guarantee and other important information. Limited offer on TurboTax 2021 or applicable for the current tax year. Discount applies to federal TurboTax products only. Terms, features, availability, pricing, fees, services and support options are subject to change without notice. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries.

13. Valid for eligible US World Elite Mastercard for Business credit cardholders. Full terms and conditions can be found on the website

14. Certain terms and conditions apply. Cardholders must register for this service. This service is provided by Iris® Powered by Generali. For more information, see the benefits guide or give us a call1-800-MASTERCARD.

(Video) B2B Solutions for small medium businesses.

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What are the possible solutions to small and medium enterprises failure? ›

One of the ways to mitigate the problems is to encourage SMEs to identify, manage and capitalize on their limited intangible resources, entrepreneurial activities and processes to enhance firm performance.

What are the strategies for small and medium enterprises? ›

6 strategies for SME survival
  • Invest in technology and tools.
  • Ensure clear oversight of your financial position.
  • Prioritise values over culture.
  • Trust and empower your people. Digitisation drives SME success.
  • Re-evaluate your strategy.
  • The next generation of small businesses.
Aug 1, 2020

How can SMEs improve? ›

Developing and maintaining consistent procedures, as well as systems across the organisation keeps everyone on the same page, helping eliminate rework and ambiguity. Having a set method or a process to complete a task, helps everyone in the organisation follow the same procedure wherever they are.

How can SMEs survive? ›

Implement employee training & development. SMEs that are going through a slower period of time may choose to make use of this time by introducing reskilling and training programs to their employees. This type of initiative can help them be more competitive when the economy stabilises.

What are solutions to business failure? ›

Business failure can be prevented, in part, by writing down your goals, which provides you clarity, making it easier to achieve those goals. Using the SMART goal-setting method can keep you focused: Specific: State what you want to accomplish.

What are the five 5 issues and challenges faced by SMEs in managing a business? ›

Here are five of the most common challenges you may encounter.
  • Lack of Funds. Nothing can hold a business back like money problems. ...
  • Lack of Time. ...
  • Trouble Finding Good Employees. ...
  • Difficulties Balancing Growth and Quality. ...
  • Ineffective Web Presence. ...
  • How Can You Manage These Challenges?

What are the 3 fundamental strategies for small business growth? ›

The most common types of growth strategy goals include enlarging market share and revenue, acquiring assets, and improving the organization's products or services.

What are the 5 strategic management procedures for a small business? ›

The Five Stages of the Strategic Management Process
  • Clarify Your Vision. The purpose of goal-setting is to clarify the vision for your business. ...
  • Gather and Analyze Information. ...
  • Formulate a Strategy. ...
  • Implement Your Strategy. ...
  • Evaluate and Control.

What are the three basic strategies available to small companies? ›

According to Porter's Generic Strategies model, there are three basic strategic options available to organizations for gaining competitive advantage. These are: Cost Leadership, Differentiation and Focus.

What are the key success factors of SMEs? ›

  • The success factors for SMEs: Empirical evidence.
  • 2.2 Human Resources Costs.
  • 2.3 Debt.
  • 2.4 Venture capital funding.
  • 2.5 Investment in Innovation.
  • 2.6 Productivity.
  • Table 1: Description and measurement of the variables.
  • Table 2: Descriptive statistics.

What are the three factors that can contribute to SME success? ›

For SMEs, there are three factors that are likely to have an impact on performance.
  • Vision And Leadership. Good leaders have a clear vision for their business. ...
  • Strategic Focus. ...
  • Culture Of Innovation.
Nov 26, 2019

What are the factors affecting SME success? ›

The four dimensions are the education system, culture, business establishment procedures, and managerial skills. The first three of these dimensions represent the external factors that affect SMEs, while the fourth dimension captures the internal factors that affect the survival and success of SMEs.

What is the biggest problem for SME? ›

Rising Costs & Reduced Revenue

Rising costs and reduced revenue are among the biggest challenges SMEs face. One million businesses agree and for different reasons. Some of these include inflation, cost of raw materials, insurance costs, low demand for products and services, and other general business costs.

What causes SMEs to fail? ›

The most common reasons small businesses fail include a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure or business model, and unsuccessful marketing initiatives.

How can a small business survive an economic crisis? ›

Arrange for financial assistance.

Look into a small business line of credit. Apply to small business grants and small business loans to help keep you afloat. Timely financial assistance from small business loans like Kabbage could mean the difference between survival and going under.

How can we prevent small business failure? ›

  1. Prepare and follow a business plan.
  2. Have your accounts properly audited at least every 12 months.
  3. Use professionally prepared management accounts to monitor your business.
  4. Prepare regular performance projections and cashflow forecasts.
  5. Regularly measure actual performance against the projections and forecasts.

What are the 5 main reasons that businesses fail? ›

Five Common Causes of Business Failure
  • Poor cash flow management. ...
  • Losing control of the finances. ...
  • Bad planning and a lack of strategy. ...
  • Weak leadership. ...
  • Overdependence on a few big customers.

How do you manage a small business? ›

6 Tips for Small Business Management
  1. Automate Your Operation. The adage is true – time is money. ...
  2. Keep Up With The Technology Your Customers Expect. ...
  3. Delegate Tasks. ...
  4. Never Forget Your Budget. ...
  5. Manage Your Inventory. ...
  6. Set Concrete Goals.

What is an example of a business solution? ›

An example of a business solution is an ERP (Enterprise Resources Planning) system (e.g. Microsoft Dynamics 365), which streamlines the operations of your company: purchasing, product planning, manufacturing, marketing, materials management, inventory management, shipping and payment, human resources can all be managed ...

What is the biggest challenge for most businesses? ›

Business challenges
  • Maintaining quality customer relationships.
  • Meeting customer needs.
  • Preserving a good reputation.
  • Retaining employees.
  • Finding an effective brand.
  • Marketing in a saturated marketplace.
Mar 10, 2023

What are the 4 possible growth strategies for companies? ›

What are the four major growth strategies?
  • market penetration.
  • product development.
  • market development.
  • diversification.

What are the 4 key business strategies? ›

Four generic business-level strategies emerge from these decisions: (1) cost leadership, (2) differentiation, (3) focused cost leadership, and (4) focused differentiation. In rare cases, firms are able to offer both low prices and unique features that customers find desirable.

What are the 4 common business strategies? ›

Here are 10 examples of great business strategies:
  • Cross-sell more products. ...
  • Most innovative product or service. ...
  • Grow sales from new products. ...
  • Improve customer service. ...
  • Cornering a young market. ...
  • Product differentiation. ...
  • Pricing strategies. ...
  • Technological advantage.
5 days ago

What are the 7 C's of strategic management? ›

The seven elements (7 C's) are: customers, competitors, capabilities, cost, channels, communication, and coordination.

What are the 9 components strategic management? ›

Two years later, (David, 1989) [13] identified nine key components i.e. customers, products / services, markets, technology, concern for survival, philosophy, self-concept, concern for public image, and concern for employees.

What are the five stages of small business growth? ›

Along the way, many founders will face common sets of challenges as they reach new levels of success. For that reason, we've decided to bring you some real-life examples that illustrate the five stages of small business growth: existence, survival, success, take-off and resource maturity.

What drives the growth of a small business? ›

Increase Your Reach

To get new customers, you need to increase your market reach. This can be done by making your product available to new customers. When more customers see it, they may purchase it. This, in turn, will give you more revenue, thus driving small business growth.

What are the 5 key success factors for a successful business? ›

The five critical success factors are strategic focus, people, operations, marketing, and finances. How to find success factors? The first step in finding and identifying success factors is understanding the overall objective of a project and the processes required to achieve it.

What are the four characteristics of SME? ›

Simple instruments are used. Small capital investment is involved. Simple products are made. Indigenous technology is utilised.

What are the main challenges to small business? ›

10 main challenges that many small businesses face
  • Limited access to cash for financial growth. ...
  • Lack of business plan. ...
  • Problems with cashflow. ...
  • Difficulty in recruiting talented staff. ...
  • Having trouble standing out in the market. ...
  • Losing your passion for the business. ...
  • Pivoting to a new business model.

How do SME gain competitive advantage? ›

By generating a lower cost or a higher benefit for the firm, these critical resources can create greater residual value for the same delivered value, thus providing competitive advantage for the firm.

What are the main problems facing by small and medium enterprises? ›

7 Common Challenges Faced By SMEs And Their Solutions
  • Marketing And Advertising. ...
  • Managing Administration Work. ...
  • Retaining Top Talent. ...
  • Time Management. ...
  • Embracing Technology. ...
  • Maintaining Profitability. ...
  • Utilising Social Media.
Apr 27, 2022

How can small business fight against the reasons of its failure? ›

Understanding some of the major reasons small businesses don't survive will help you create solutions to small business failure and avoid closing your company.
  • Manage Your Cash Flow. Many startup businesses struggle with cash flow issues. ...
  • Develop a Strong Business Plan. ...
  • Avoid High Debt. ...
  • Make Accurate Projections.

Why small and medium enterprises fail? ›

The most common reasons small businesses fail include a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure or business model, and unsuccessful marketing initiatives.

What are the 7 reasons why small business fail? ›

The top 10 reasons small businesses fail – and how to avoid them
  • Lack of research. ...
  • Not having a business plan. ...
  • Not having the business funding they need. ...
  • Financial mismanagement. ...
  • Poor marketing. ...
  • Not keeping abreast of customer needs or the competition. ...
  • Failing to adapt. ...
  • Growing too quickly.
Jul 6, 2021

How can I make my small business successful? ›

Although growing your small business will take time and energy, there are 10 strategies you can use to help accelerate business growth.
  1. Do Your Research. ...
  2. Build a Sales Funnel. ...
  3. Increase Customer Retention. ...
  4. Participate in Networking Events. ...
  5. Practice Corporate Social Responsibility. ...
  6. Form Strategic Partnerships.

What is the biggest problem facing small businesses today? ›

The latest MetLife and U.S. Chamber Small Business Index found that inflation, revenue, and supply chain issues are small businesses' top concerns.

What are the barriers to growth of small and medium enterprises? ›

SMEs in developed countries face fewer financial and economic obstacles to their development. Economic obstacles are weak economy, tax burden, high exchange rate and lower purchasing power of consumer and high inflation rate.

How do you save a dying small business? ›

What steps can I take to save my failing business?
  1. (1) Identify the cause of your decline. ...
  2. (2) Make sure you understand your target market and your ideal customer. ...
  3. (3) Manage your cashflow more effectively. ...
  4. (4) Talk to your creditors. ...
  5. (5) Reduce your overheads. ...
  6. (6) Consider alternative sources of finance.
Oct 12, 2022

What are 3 things small businesses can do to survive during hard times? ›

  • Look at the Big Picture.
  • Inventory Your Staff.
  • Ensure Access to Cash.
  • Start Sweating the Small Stuff.
  • Don't Sacrifice Quality.
  • FAQs.
  • The Bottom Line.

What are 5 reasons the businesses fail? ›

Five Common Causes of Business Failure
  • Poor cash flow management. ...
  • Losing control of the finances. ...
  • Bad planning and a lack of strategy. ...
  • Weak leadership. ...
  • Overdependence on a few big customers.

Why 90% of small businesses fail? ›

According to business owners, reasons for failure include money running out, being in the wrong market, a lack of research, bad partnerships, ineffective marketing, and not being an expert in the industry. Ways to avoid failing include setting goals, accurate research, loving the work, and not quitting.

What is the main reason of most business enterprises becoming unsuccessful? ›

Not Having Enough Money

Let's start with the simplest and most straightforward reason any business fails: lack of money.

What are the factors affecting business success of small & medium enterprises? ›

Factors affected to SMEs business performance: Based on the responded were considered to rate the extent to which business record keeping, market factors, risk management and internal control, financial management and capacity and management control may impact on the SMEs performance.


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