Finance

Factors That Determine the Transaction Fee Effective Rate

Transaction fees, also called effective rates or merchant fees, are fees that are charged to you by your payment processor on each transaction processed. The fee includes the bank interchange, the credit card association fees, and the processor fee. There are several factors that will determine your transaction fees:

Do Investors Back First-Time Entrepreneurs?

Working with Investors | Rick Gossett

Investors do indeed back first-time entrepreneurs, but it’s clearly their second choice. Most investors prefer to find an entrepreneur who has a proven track record—at least one successful venture—and then bet that the success can be repeated. Their mantra is: “We back the jockey, not the horse.”

8 Key Focus Elements Will Attract Startup Investors

Working with Investors | Marty Zwilling

One of the most common failures I see in startups is lack of focus. Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Investors hear this as trying to do too many things with limited resources, meaning the startup will not shine at anything, and will not survive the competition.

How to Find the Right Venture Capitalist for Your Startup

Working with Investors | YEC

As an entrepreneur, you’ve got to choose the right VC to work with, because the right marriage can help define how successful your business will be and how happy you will be running it. Here are 4 key points to consider for a happy and long-lasting marriage with a VC.

10 Terrific Tips for Online Invoicing

Payments and Collections | StartInvoicing.com

An invoice is sometimes the last contact you will have with a client after you have finished a sales transaction. A company’s invoice should be detailed, easy to understand, and professional. One great method for ensuring your invoice is an accurate reflection of your business is using an online invoice provider with expert looking invoicing templates and easy to use forms.

5 Simple Steps to Get Paid Faster

Payments and Collections | StartInvoicing.com

A receivable cannot be used to help grow or sustain your business until it has been paid. Most reputable companies consistently pay on time; however there are some that just can’t seem to stay on top of it, regardless of their good intentions. This article will give you some powerful tips to help you turn your invoice into a payment quicker, so you can reinvest it back into your company.

Why Small Businesses Should Use Electronic Invoicing and Payments

Payments and Collections | StartInvoicing.com

The old basic billing and payment system not only took significant time to generate invoices, but due to traditional mailing methods, it also took a great deal of time before the invoice was in the hands of the client.

Writing Off Automobile Expenses 101

Tax and Accounting | Outright

Now that you have started your business, you’ve heard you can write off automobile expenses. So are you ready to buy that luxury sports car and write off the costs of driving around town and run errands?

Cutting Expenses: 4 Reasons Your Business Needs to Capitalize on Discounts

Budgeting and Personal Finance | Outright

Small businesses succeed, in large part, because of entrepreneurs’ efforts to minimize costs and increase efficiency. Unfortunately, too many business owners become complacent in their daily operations and forget to actively search for the best deal.

How to Keep Your Small Business Alive During Tough Financial Times

Budgeting and Personal Finance | StartInvoicing.com

Small business owners need to be savvy and come up with real ways to reduce their expenses and increase their cash flow. In simple terms, less money needs to be leaving your account and more money needs to be coming in. It is an obvious statement to say that you need higher profits, but so many companies are missing opportunities to do just that.