Comparing and evaluating small business merchant account providers who will process credit cards for your small business can be a daunting and confusing task. Aside from understanding all of the common fees such as the "discount rate" and transaction costs, you also need to understand how your money is handled and which processors are offering the best deals - without getting ripped off in the process. Here we discuss all the questions you should be asking your credit card processing company, including using a Credit Card Processing Merchant Account Cheat Sheet to ensure you are asking all the right questions and making an well-informed decision. Thanks to CardFellow.com for their help with this information.
Writing a business plan for your startup is one critical piece that most small business owners fail to take. In this interview, we talk with Bill Bartmann about his thoughts on how to raise startup funds for a new business in a recession, why he doesn't ever recommend friends and family for startup up capital, and some of the things he feels helped him start several profitable companies. Find out more about Bill Bartmann at BillBartmann.com and BillionaireU.com
