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2 Results from 2022

Pete Lord

Pete Lord CEO and Co-founder at Codat

Tackling the churn problem in Point-of-Sale

Every year about 30% of restaurants go bust. The life of any hospitality or brick-and-mortar retail business is usually short, particularly in the small and mid-market segment. Blame high fixed costs, staff turnover rates around 70%, and a fickle customer base. This is doing business on hard mode. Unsurprisingly then, the hospitality and retail se...

/payments /startups Outsourcing Banking, Financial Services Operations

Pete Lord

Pete Lord CEO and Co-founder at Codat

The Small Business Administration’s Direct Lending Proposal is Well-Meaning but Flawed

Small businesses are one of the most important pillars of the U.S. economy. They employ 47% of Americans and contribute $5.9 trillion to overall GDP. The nearby convenience store, the auto repair shop around the corner or pizza parlor down the street are constants in our lives — and at the heart of local communities across the country. But times ...

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