Contact Sales (855) 615-7481

Get FREE Quote

Keeping Your Startup Lean in the Early Years

It is difficult for a business owner to keep his or her costs low when starting out. While it isn’t easy, with a few steps, one can offer valuable products or services without going over their budget. With this in mind, here are four tips to keep startup costs lean in the early years.

Accept credit cards without paying massive fees:

When signing up for a merchant account, one will pay plenty of fees. Not only do merchant accounts cost money to open, but one needs to pay fees to accept payments. While it is easy to sign up for a credit card service provider and move on to the next job, an entrepreneur can lose hundreds of dollars a year if he or she doesn’t run the numbers and find a quality provider offering low fees. Luckily, once a business owner finds a quality credit card processing provider charging reasonable fees, one can move on to their next task.

Marketing plan:

It is easy to find a marketing company and pay them to run the entire campaign. However, it’s costly and a new entrepreneur needs to take on this task his or her own. With online business marketing strategies such as Facebook and SEO, a company owner can land clients without spending large sums of cash. When running a practical online marketing campaign, a company owner can land clients from all over the world, all without spending a dime.

Contractors:

While tempting, a new business owner can’t run out and hire a dozen or so employees. In the beginning, an entrepreneur can save money and land quality workers by hiring part-time contractors. When hiring a contractor, not only will an organization lower its expenses, but it will hire the best man or woman for the job as contractors will have a specific skill set. Since labor costs add up quickly, one will save plenty of cash by making this simple move.

Minimal offices: Unless necessary, a company owner doesn’t need to spend lots of cash to move into a huge office building. Instead, with a simple office, one can still find clients and save money. If possible, in the first year, the business owner should run the organization out of his or her own house.

With these four simple tips, one can save money and enjoy profits sooner.

GET FREE QUOTE TODAY AND START SAVING

Type Of Account

Articles

What Exactly is a Contactless Payment?

The modern credit card industry and credit card processing began in the 1950s, and the first credit cards...

How Smart Chips Will Make Electronic Transactions More Secure

For the typical business person who runs across fraudulent transactions involving credit cards, credit card processing with smart...

What To Do With All of Your Company’s Receipts

As the electronic age has started to take over more businesses, much of the information that used to...

© 2015 CreditCardProcessing.com. All rights reserved. Privacy Policy
CREDITCARDPROCESSING.COM, LLC is a registered ISO of Wells Fargo Bank, N.A. Walnut Creek, CA
American Express® may require separate approval.

*Promotion contingent upon CreditCardProcessing.com's receipt of written competing offer(s). Further terms and conditions may apply.

**Certain restrictions may apply. Promotional offers brought to you by
CreditCardProcessing.com. Call (855) 615-7481 for details.