credit card processing Archives - Merchant Services of South Florida

Kevin O’Leary – Credit Card Processing Options… and COVID-19

Post Author:jperk
Post published:June 13, 2020
Post Category:business tips / cape cod / COVID-19 / credit card processing / entrepreneur / merchant services / POS system / Restaurant Owners, COVID-19 / small business / small business owner / small business tips

6/13/20: Business owners must watch. This is a great example of how Bay State Merchant Services can help, especially now. The merchant in this interview - Kristan Sayers, owner of Kbella hair studio in Brighton, Michigan - says that she will only be able to do 30% of her typical business due to COVID-19 and is concerned about consumers feeling unsure about entering her business. In addition to her significant loss of revenue, now she has the added expense of PPE, including face-masks, gloves, and hand sanitizer. Kristan is also concerned about her high credit card processing fees, and asks the panel for recommendations. Kevin O'Leary's only answer to these issues is to "shop around" and look for better card rates. THIS IS NOT A GOOD SOLUTION! Kristan mentions that her payment processing fees are between $10,000 and $15,000 annually, and that she's looking to eliminate these fees. ...Thanks to Congress, she can do this. All businesses can do this. Bay State Merchant Services's Cash Discount Program…

“Drive Overrides Fear” ~ Elon Musk

Post Author:jperk
Post published:June 1, 2020
Post Category:cape cod / credit card processing / entrepreneur / merchant services / motivation / small business / small business owner

You don't have to be the founder of BOTH Tesla and Spacex to experience the challenges, fear, doubt, glory, and wonder of pursuing a dream. These dreams are the common thread that bind together those of us who can't seem to fight the urge to start and run our own business - to work for ourselves. From a small family-owned restaurant to a large car company, and everything in between, success requires nothing less than razor-sharp focus and what often feels like more hours than physically possible, yet entrepreneurs are succeeding at this every day. In fact, most feel they have no choice. Two of Elon Musk's heroes, Astronauts Gene Cernan and Neil Armstrong - both of whom serve as a huge source of inspiration for Musk - testified to Congress against Musk's idea of developing a commercial space-flight program. This rejection, along with the other countless naysayers, the immense cost involved, and three consecutive failed launch-tests should have been enough for anyone to rethink their plans…

COVID-19 Crushed Restaurants. Will “THIS” Kill Them?

Post Author:jperk
Post published:April 24, 2020
Post Category:cape cod / credit card processing / entrepreneur / merchant services / POS system / restaurant / small business

Kamron Karington breaks down what's really going on with third-party delivery services like Grubhub, DoorDash, UberEats, or Postmates. He explains “why third-party delivery services could be the MOST EXPENSIVE (and fatal) mistake restaurant owners make right now. Kamron walks you through the false promises, pitfalls, and permanent consequences of third-party delivery services so you can make the best, and most informed decision for your restaurant during this confusing time.