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Cracking the Confusion: How Credit Card Processing Fees are Determined

Perhaps the most confusing part of credit card processing involves the fees paid by the business. If you’ve ever spent any time trying to read a merchant statement, chances are you didn’t experience any particular revelations of clarity. How exactly

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Before Applying for a Loan, Consider the 5 C’s of Credit

Credit

Have you ever applied for a business loan with your bank and walked away wondering what criteria the bank uses to decide whether or not to approve your loan? Every bank is different and there will be differences in loan

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How to Set Up Your Company to Pay Employees with Direct Deposit

Direct Deposit

If you’re a business owner or manager looking to pay your employees with direct deposit, figuring out where to start can be a little tricky. For instance, should you start by talking to your bank? Or, maybe your accounting software

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Why your business might should dump Tiered Rate for Interchange Plus

Dump Tiered Rate for Interchange Plus

There are two prevailing schools of thought when it comes to credit card processing fees. And, chances are that—if your business accepts credit cards—you’re set up under one of these fee structures: Tiered Rate or Interchange Plus. Knowing the difference

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Don’t Like Your Business Name? Change It!

Business Name

Having second thoughts about the name of your business? I have the solution to your problem. It’s called an Assumed Name or “Doing Business As” Certificate. Most people refer to such a thing simply as a DBA. Help!  I’m a square

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“Form”-ing Good ACH Compliance Habits Starts With Forms

ACH Authorization Form

Even though many payments today are made electronically, the initial setup of these transactions usually requires a physical signature on an actual piece of paper. This is especially true for ACH originators, many of whom use ACH transactions to pay their

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Mom says, “Eat your vegetables.” Your banker says, “Hire an accountant.”

Hire an Accountant

My mom made my brother and I believe that eating spinach would give us biceps like Popeye’s—steaming battleships included. While none of the four biceps among us ever grew to a size adequate enough to attract a woman the quality

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