Blog Posts | Page 84

With so many payment processors available, how do you pick the one that’s right for you? We at Merchant Maverick believe that the best processor for one type of business is not always the best for another type of business. In this article, we’ll highlight a few great processors for just the retail sector, so at least you have a good place to start in your search.

Does a charge card make sense for your business? Let’s look at some of our favorite options.

Come prepared to your tax meeting by knowing exactly what information your accountant needs to file your small business taxes.

With interchange++ pricing, your transaction statement will include three elements for each transaction: the interchange fee paid to the issuing bank, the card association fee paid to the card brand (e.g., Visa, Mastercard, etc.), and the processor’s markup fees. Note that card association fees are typically very low and do not constitute a significant portion of your credit/debit card processing fees.

Are you ready for small business tax season? Here are our expert tips and a free tax prep checklist to help you get your taxes in order.

Checking your business credit reports and correcting errors could give your business credit score a boost quickly. Beyond that, consistently paying bills on time and paying off debt will also help contribute to a higher business credit score.

Wondering if it’s time to switch over from cash-only to credit card payments for Girl Scout cookie sales? Check out our handy guide to accepting credit card payments and the best options for Girl Scouts

Liquor stores are unique businesses with constantly fluctuating inventory and price changes, meaning that choosing an effective point of sale system is extremely important. Businesses that sell liquor, such as grocery and convenience stores, have the same needs. You’ll need to make sure the system is strong in certain very important areas.

Small business owners searching for a merchant cash advance (MCA) or short-term business loan (STL) are often surprised to learn that their capital has come with a very high effective annual percentage rate (APR) that’s sometimes in the triple digits.

Short-term business loans are a relatively recent addition to a merchant’s arsenal of business loan options. Introduced in the last decade or so, short-term loans are similar to traditional installment loans, but fees are calculated a little differently.