Credit card processing is the system that allows businesses to accept credit card payments from customers. It involves a series of steps that authorize, authenticate, and settle electronic transactions between the cardholder, the business, and their respective financial institutions.
A buy-sell agreement is a written contract between two or more owners of a business, or among owners of the business and the entity. They can provide stability for your business in the event of your death, disability, or retirement.
Succession planning is a strategy that helps organizations identify and develop employees to fill key roles when they become vacant. It's a way to prepare for change and ensure that an organization's goals are achieved.