This was pretty exciting, Truecostofcredit.com, our free tool that helps consumers and business owners understand the cost of accepting credit cards, was posted on the Freakonomics Blog at nytimes.com. Read more
I wrote about this before, but it got buried in that much longer post with a boring title (very worthwhile read if your business accept credit cards). If you read this blog regularly you know that there are two parts of the credit card processing fees paid by businesses: interchange (goes to the card issuers) and the processor markup (goes to the processor). Read more
I began doing some research to figure out what share of credit cards are rewards cards. I found a few data sources: Read more
Tim O’Reilly, founder and CEO of O’Reilly media, the computer book publisher, and probably one of the most influential people on the internet, recently wrote a blog post entitled Work on Stuff that Matters. If you are an entrepreneur or care about entrepreneurship it is well worth reading but the summary is that the keys to success in a new venture are: Read more
Our free tool True Cost of Credit which helps consumers understand the rates that stores pay to accept credit and debit cards, was recently featured on the popular consumer activist blog consumerist.com – here’s the article. Read more
While it’s not really related to our main business, which is helping small business owners more easily shop for financial services, we recently released a little web application focused toward consumers. Read more
In my last post I talked about why you should leave your corporate job and join a startup. In this post I want to talk about how you can get a job at an awesome startup like FeeFighters.
Outright, online accounting software for small businesses, seeks to streamline business accounting. How are they different from other business accounting sites? Let’s take a look.
Lots of times FeeFighters users ask us what a personal guarantee is and when/why they have to sign on. This week’s kick addresses that issue as Sean talks the basics on personal guarantees.
FeeFighters recently spoke at a utility conference about how its participants can save money on credit card processing. After analyzing one of the participants’ credit card processing statements, we realized they could save 25% or about $30,000 annually on their credit card processing fees.
Last week, I had the pleasure of speaking at the Extreme Entrepreneurship Tour. My task: inspire students to consider becoming entrepreneurs. One of my pieces of advice was to expand professional social networks by joining LinkedIn.
We were having lunch with our friends Sunir and Mike from Freshbooks, and Sunir mentioned the event SOBCon. I had no idea wtf he was talking about, but he then explained that SOB stands for Successful Online Business.
By the time we talk to business owners, many have been burned by a credit card processor. They reach out because they have been lied to, promised lower rates, and altogether feel cheated.
Many business owners in these uncertain times are looking for a way to turn around their flailing businesses.
We had a great time submitting, organizing, and speaking on our panel on financial institutions and startups. Here are some photos from the event and a great summary from moderator Felix Salmon:
I was reading the New York Times, learning from Thomas Friedman about the myriad of Islamic uprisings that are about to occur and I was presented with the attached ad.
