27th June 2008
I got a great piece of advice from a retired businessman who has become my mentor and is helping me get my online business going.
He told me that many businesses fail because while the impetus may be the owner’s passion, they still have to make their...
11th June 2008
There are some people who have an online business and have heard what a great asset being able to accept credit cards can be. And there are several good reasons to do so, and they will be spelled out briefly later in this post, but the overarching reason ...
04th June 2008
In many ways the world of online shopping is not that different from shopping at the mall or your local strip shopping center. Most of the time when we leave home to shop we know what we want, we have a pretty idea of what we’re prepared to spend for it...
02nd June 2008
For anyone who has ever worked in retail – even an online retailer -- they have no doubt heard the phrase: “The customer is always right.” That is a short way of saying that having one’s own store tacitly says you are interested in delivering good...
25th May 2008
There are people operating online businesses that have not added credit card processing but when I think of them the image of a dinosaur comes to mind. Especially those that could not adapt to the changes in the world and simply faded into the background ...
20th May 2008
The other day I saw something that I haven’t seen in quite a while, and I’m not talking about black and television. I found a new online shopping site and their checkout page had directions on how to send in a check for payment.
I had two immediat...
01st May 2008
Having an online business is relatively easy compared to those in the real world.
You pay for a domain name and hosting but that pales compared to monthly rent and inventory, not to mention utilities, etc. Indeed, the economy and ease of setting up a ...
30th April 2008
If you own a business online and you’re looking to make the leap into credit card processing there will be several factors to consider. Among them are how much experience the merchant accounts provider has with businesses like yours, what their pricing ...
29th April 2008
Assumptions can be a dangerous thing – and in the world of business they can be costly.
That includes assumptions made in tandem with facts. Indeed, when assumptions are mixed with facts it’s like trying to blend oil and water with outcome about as...
25th April 2008
By Jim Osterman
The decision on whether or not to add credit card processing services to an online business’ site is driven by several factors, one way to make the decision is by playing the “what if” game.
As in: “What if I (the Internet ...
18th April 2008
By Jim Osterman
Though the numbers may vary from study to study, consumers are acutely aware of credit card fraud and identity theft. They read the same stories that you do, and they know that some people can struggle for months to clear a bogus charge...
18th April 2008
By Jim Osterman
There are two sides to the rationale for adding credit card online processing to your Internet-based business, and which side you see depends on how you think about the business.
One view stems from being a business owner. You’ve r...
09th April 2008
By Jim Osterman
It’s an irony of the business world that the more successful a person is, the less likely they are to reach out and ask for help when comes to an area of commerce they have no experience in.
And there is no area where this is mor...
09th April 2008
By Jim Osterman
It makes no difference whether you have a store in the neighborhood strip shopping center, or in the virtual shopping community, if you can give your customers what they want you will never know a hungry day.
And the great thing abo...
07th April 2008
By Jim Osterman
It can be tempting for a business owner to consider keeping all their financial resources in one place – usually their bank. The bank has their checking account, may have provided a loan to get the business going and has probably offer...
