Fraud risks are a significant driver of transaction fees, especially for merchants who process payments online. Merchant processors will assess your fraud risk exposure on a number of factors, and there are security measures you can put in place to reduce your transaction fees.
Small business owners are naturally do-it-yourselfers, and that instinct can spring up when legal issues arise. While there are plenty of self-help books and websites available that promise to save dollars in the short term, this can be risky. You have to know which resources to trust, and which to avoid.
As a small business owner, you want to be as efficient as possible with your money. Legal costs are an important part of that equation. You can prevent your legal costs from becoming a big problem with a few basic controls.
You are looking for the best employees you can possibly find. For some business owners, using independent contractors is the best option. This guide will help you distinguish between contractors and employees, and break down the pros and cons of independent contractors.