filed. Now what?
So you finally decided to stop making your boss
rich and registered a trade name. Here's what to do and expect.
Expect telemarketing robo-calls and mail from all types of
Even before you open a business check account, your trade name
listing been placed on market lists.
1. Open a business check
account...NOW! Don't use your personal check account. Don't comingle
business and personnel expenses. Take ORIGINAL Trade
name certificate to your local bank
and open a business checking account even though you are not ready to sell
yet. Pay business bills from the business checking account.
for merchant account.
Avoid signing up for a merchant account with local bank.
Local banks most likely hired an out-service just like they do with
investment instruments or check printing. In order for these
services to pay the bank for the referral, you may be paying higher
fees for less than desirable services. You want to sign up
with a service representing an
3. Advertise to target market.
Creating a website is not enough. Think of the internet as a sandy
beach. You are just a grain of sand on the beach. SEO
companies may get you ranked high organically, but you want to be
sure it is where potential customers look for your product or
4. Don't be frugal or a cheapskate.
You will jeopardize your
business before you even get started. In the 20 years I been
setting up merchant accounts, I personally witnessed new business
owners sabotage their own business. They hire the wrong
services. They were gullible to slick ads. They did not
ask questions, they 'assumed' too much. Being frugal cheapskate can backfire on
you. Did you know? Off-brand lower cost gas stations
don't have the additives that can increase MPG compared to major
fuel brands. 3-day old cold cuts have less nutrients compared
to fresh baked.
You are in charge of your financial destiny.
Remember lessons learned when you decided to be frugal and cheap.
In short: Success in not guaranteed.
starting with a solid foundation can increase the odds in your
5. Give yourself time to get
2 years. If you are not profitable in 2 years, call
it quits. People that close after 6 months should not have
started at all.
6. Why listen to what
I have to say?
A large portion of my customers initially choose inferior merchant
After they admitted to themselves their mistake, they decided they
That's it. It's up to you what path to take.
To apply for a merchant account and get
free software, click here or follow the links on the top of
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