Accepting credit and debit card payments is one of the first tasks for starting a small business. There are several credit card processing options to choose from. If you start your small business and your sales are $5000 or less a month and the average transaction is $100 or more, you will find out that a merchant service aggregator, such as Square, Stripe, PayPal, will cost you less in processing fees than signing up for a merchant account.
It is also convenient for a small, startup business to have a simple per transaction credit card processing charge then having to pay monthly processing and gateway fees, on top of the per-transaction or bankcard discount fees.
If your average transaction is around $10 – $20, then you should probably sign up for a merchant account. If you don’t want where to start, call your small business bank and they can provide useful information.
An individual credit report will be completed before the business will be approved for the merchant account.
If you need to improve your credit score before applying for a merchant account for your business, call Fast Credit Solutions for an initial account review.
U.S. Department of Labor publishes new guidance related to employee leaves as the workplaces reopen.
Questions and answers related to employee leaves and “COVID-19 and the American Workplace” can be found on the DOL website: “Families First Coronavirus Response Act: Questions and Answers”. One of the topic that is addressed on the DOL website is:
Can employees that are not teleworking take expanded family and medical leave intermittently while a child’s school or place of care is closed, or child care provider is unavailable, due to COVID-19-related reasons?
Yes, but only with the employer’s permission. Intermittent expanded family and medical leave should be permitted only when the worker and the company agree upon such a schedule.
Employers and employees collaboration to achieve flexibility is encouraged by the DOL. Therefore, if employers and employees agree to intermittent leave on a day-by-day basis, the department supports such voluntary arrangements.
If you need help repairing your credit, Fast Credit Solutions is the trusted credit repair agency in the Las Vegas area. Call us today to start your credit repair process.
The first 2 quarters of 2020 have been very difficult for all and for the economy. However, the houses are still selling in Las Vegas, according to ShowingTime MarketStats.
The decreased number of new listings on the market and houses still selling in Las Vegas is the combination of higher demand and lower inventory which drives the sale prices up. If you’ve been thinking of buying a new home, this may be the good time to buy.
As a home buyer, it is important to have a strong credit record to qualify for a loan to purchase your new home. Small issues, like a forgotten unpaid old medical bill, a payment that you didn’t submit on time, can affect your credit score and therefore your qualifying requirements for a new home loan.
It might be a hassle to identify and correct the issues that affect your credit score. Fast Credit Solutions can do the work for you. Our team has years of experience helping people like you. Call us or click read more below to fill our contact form.
Continue reading Houses are still selling in Las Vegas
The IRS started sending stimulus checks in April. Taxpayers that filed their 2018 and 2019 returns and most seniors and retirees have automatically been issued the payments without further action on their part.
For those eligible to receive the payment but have not received it, you can fill out eligibility forms on the IRS website https://www.irs.gov/coronavirus/economic-impact-payments