Officially termed “credit card factoring” or “credit card laundering,” this type of misrepresentation is illegal. You could end up with fines, lawsuits, and more. Under no circumstances should you sign up for a merchant account for someone else’s business in your name, or allow another business to use your business’ merchant account. Let’s look ...

While not every industry is the same and constructing a recreational dispensary in California’s newly legal market requires different paperwork than opening an organic juice stand in your local library, there are generalities in business. Half of the legitimate businesses in the U.S. fail within the first year, according to the Small Business Ad...

Gift cards are a wildly popular option in the United States, with GiftCards.com claiming that 93% of consumers purchase or receive a gift card each year. But some businesses aren't sure how to sell them and stick to paper gift certificates. Upgrading to a gift card program doesn't have to cost a lot or take a ton of work. Let’s take a look at th...

The answer largely depends on what you’re hoping to do with your website and how much time, skill, and resources you can afford to put into it. WooCommerce is a powerful ecommerce suite, but it takes technical aptitude to customize and personalize it to suit your needs. Shopify is a simple, turnkey solution but costs can quickly add up when you vee...

Bars and restaurants are enjoying a renaissance in the U.S. and around the world — craft beer, delicious wine, and exciting cocktails are once again enticing people out of their homes. If you’re a brewer, bar manager, brewpub owner, or restaurateur, it’s important to create, brew, and sell the styles of drinks your customers really want. Additional...

Founded by physicians, the company’s website boasts more than 33,000 satisfied users in the fields of podiatry, pediatrics, cardiology, family medicine, neurology, obstetrics, orthopedics, sports medicine, surgical centers, urgent care, and more. As MediTouch the company has partnerships with major organizations in the medical field, including t...

We’ll break down the fees you’ll need to pay for taking payments in different currencies. In this article, we focus on popular “flat rate” payment providers in the US including Braintree, Authorize.net, PayPal, Stripe, and more. In some cases, it may be less expensive to take international payments with an interchange-plus processor. Note tha...

Here’s one of those multiple name/company situations. RhinoFit is a DBA of a company called Gulf Management Systems. Gulf Management Systems is an agent of a company called Strategic Payment Systems. Strategic Payment Systems is a registered independent sales organization (ISO) of Wells Fargo and of First National Bank of Omaha. Confused yet? Ba...

Cloud computing changed the way many businesses operate. Software companies in both the B2B and B2C sectors increasingly moved toward cloud-based, software-as-a-service business models. But is it worth it for your business? The debate almost makes it appear that your only two options are traditional cash registers and a cloud-based POS. There ar...

Data reporting is a vital part of business – without it, how do you know how you’re truly doing? By running reports in the morning and at night, you get a glimpse of how much inventory you have on hand, daily sales totals, and more. This information should drive your budgeting, resource allocation, marketing efforts, employee scheduling, and more. ...