The St. Louis Magazine Editors Room blog called us on Friday to ask about an article they were writing about the Post Office’s financial issues. The author wondered how it impacts the post office when people pay for a stamp or two with a credit or debit card. Read more
On Anita Campbell’s excellent Small Business Trends blog, a recent post from guest author Amit Mullerpattan was entitled Top 10 Outsourcing Trends. Amit is an outsourcing pro and his analysis list interesting to me as a frequent user of outsourcing services. Read more
Tech Crunch yesterday wrote about a payments startup called Noca. Noca allows customers to pay for purchases using an electronic check. After a text-message verification, Noca uses the ACH system to collect money from the customer’s checking account and deliver it to the merchant. Noca charges 0.25% for this service, or around 1/10 the amount for a credit card transaction. Read more
Today I spoke with a potential customer who was frustrated with his credit card processor because it was charging him twice in a refund situation. For example, he was charged 2% when the customer made the purchase and another 2% when the purchase was refunded. Read more
Every small business owner hates chargebacks. Sometimes chargebacks are due to customer disatisfaction with the product and sometimes they are due to fraud, but often they are because the customer is confused and doesn’t remember making the purchase. Read more
I am a Costco member and I like shopping at Costco because they generally have great deals on pretty much everything. For example, this morning I went grocery shopping to buy some fish for dinner. Costco had an incredible price on a nice big piece of omega-3 rich salmon, yum, 2.38lbs for $16.68 ($6.99 / lb). 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.
