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Business Advice Blog Posts

By First American Merchant

Feel free to give us a call for more info 1-800-210-5649

Small Business Invoicing

Invoicing is a vital part of running any successful business, but it’s especially true for smaller businesses that have limited sources of cash flow. Invoicing allows you to track payments that are owed to you when they should be paid by and create a document trail in the case of a client defaulting on their payment. If utilized properly, it also serves as a further point to make a good impression with the client. So what should you account for when creating invoices for your small business? What to Consider When Invoicing Before creating an invoice, you should have made […]

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Can a Cash Advance Hurt My Credit Score?

Life happens, and sometimes you need emergency funding to tackle obstacles that may fall on your plate. The best option is to have money saved up for these rainy days, but that isn’t always possible. A situation where a machine that’s imperative to your business needs to be repaired or replaced can set you back hundreds, if not thousands, of dollars.  If your back is against the wall and you need emergency money fast, a merchant cash advance might be an option to look into. However, there are some important conditions to consider before opting for one. What Is a […]

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Putting Your Best Foot Forward in Your Entrepreneurial Journey

Not many business dreams actualize into brands or companies. Why? Because it is not easy to kick off and expand. Everything is no longer in the mind, you have to take action, and all decisions impact your venture’s future. Every day is business, and your mind is full of ideas to implement, problems to solve, targets to meet and every other thing that could impact your bottom line either positively or negatively. But launching a startup is the sizzle, not the steak, growth is a bigger worry because it is a never-ending process. For your business is to move forward, […]

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Business After Chapter 7 Bankruptcy: High Risk ACH Processing

Have you filed Chapter 7 bankruptcy? Are you trying to get a new business off the ground? Well, this isn’t going to be an easy task. However, there’s light at the end of the tunnel. You just need to know the right steps and the right business merchant services provider that can help you with financing and other merchant services, e.g., high risk ACH processing. So, let’s move forward to know this. Chapter 7 Bankruptcy & High Risk ACH Processing The U.S. Bankruptcy Code offers 6 ways to get rid of your debt. Chapter 7 and Chapter 13 bankruptcy types […]

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What Happens to Your Business if You File for Personal Bankruptcy

Small businesses can fail for a variety of reasons, leading their business owner to have to file for bankruptcy. But what happens to your business if you have to file for personal bankruptcy? Will you be forced to close your business as a result? The answer is, it depends. It all depends on the structure of your business, how much debt and assets you have and whether you intend to continue operating your business. If you file for Chapter 7 personal bankruptcy, you might have to shut down your business. If you own an LLC or corporation, it might be […]

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How Businesses Can Fight Homelessness

With hundreds of thousands of people being homeless in the U.S. and the U.K., the problem homelessness goes beyond the frames of merely social issues. If you’re interested in how businesses are on the hook for fighting homelessness and if you’re in need of exceptional alternative business loans, this article is for you. Businesses Fighting Homelessness: Alternative Business Loans Ironically, homelessness is the most vividly expressed in successful cities, in the intersection of dynamic economies and firmly regulated housing markets. This is a disaster that must be eradicated as much as possible. Did you know that homelessness is the fastest […]

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10 Ways to Build Up Retirement Funds

Your personal success as a small business owner is based on long-term planning. Building a successful business is important but it’s no less important to build up funds for after retirement. How to secure personal retirement funds effectively? Where to find reliable and affordable ACH business loans? Just read to know. Funds for After Retirement: ACH Business Loans Have you already hit 60? Hopefully, you have built up a significant amount for after your retirement. What if you haven’t? Well, you need to be careful about protecting what you’ve built and take advantage of opportunities. In fact, the number of […]

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7 Tips Business Owners Can Use to Boost Decision-Making

Do you feel like you float from day to day, never really in control of making decisions? As a business owner, it is easy to let anxiety creep in and cloud your decision-making. The following steps will help you boost your decision-making confidence. 1. Gather information In most cases, making the right decision is as simple as being informed. It isn’t necessary to have the complete answer right away. However, it is important to gather enough information so that you feel confident making your decision. Don’t be afraid to ask lots of questions before taking the next step. 2. Take […]

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How to Deal With a Data Breach

Data breaches are no more a surprise. The important thing is how you respond to them. The way you respond can go a long way in keeping your business away from major damages. What about a reliable and affordable bad credit merchant account? Who can get you one easily? This article will help you with all these. Data Breaches: What Numbers Show The 1st computer virus was called “The Creeper.” It was revealed in the early 1970s. Based on a 2016 report by FireEye, companies worldwide spent 146 days (on average) to detect a data breach. Did you know that […]

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Anti-Money Laundering Lapse Costs Morgan Stanley $10 Million

Wall Street’s industry funded watchdog fined The brokerage unit of Morgan Stanley must pay $10 million for failing to comply with its anti-money laundering program, according to Wall Street’s industry-funded watchdog group, Finra. Finra (Financial Industry Regulatory Authority) reported that the brokerage unit’s lapses occurred for more than five years, from January 2011 until April 2016. According to Finra, Morgan Stanley’s automated surveillance system did not receive important data from its other systems, resulting in the firm’s inability to track tens of billions of dollars of wire and foreign currency transfers. Some of these transfers were from countries that have […]

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