Featured Posts

The Four Hour Body and You Like many of your Tim Ferriss fans out there, I've been very keen to try the Four Hour Body lifestyle change. I'm overweight by quite a few pounds, so I made a New Year's resolution to shed some pounds....

Read more

Improvements and Fixes to WP E-CommerceImprovements and Fixes to WP E-Commerce Like many of you, I am a user of the WP E-Commerce plug-in for Wordpress as well as a Gold Cart upgrade customer. While WP E-Commerce has many excellent features and does wonders for the Wordpress-based...

Read more

Credit cards: a lifeline for cash Hi all. It certainly has been a while since I've last posted. That's because in many ways the 4HWW concept has been shot given the urgency of making ends meet and scrambling to get whatever dollars are...

Read more

Version 0.2 of Show User Level Content Plugin Now Available Making an update to the Show User Level Content Plugin ... finally on version 0.2 This version should allow multiple hide statements in the same post. This is a test of that functionality. The first...

Read more

More on Banking... A while back I posted about business banking accounts, and asked the community what their thoughts were on the best ones for FHWW'ers. I never really did get a good response, but the post is out there,...

Read more


Follow on Tweets


Credit cards: a lifeline for cash

Category : Uncategorized

Hi all. It certainly has been a while since I’ve last posted. That’s because in many ways the 4HWW concept has been shot given the urgency of making ends meet and scrambling to get whatever dollars are left to spend. One of the most important things for a small business is cash flow. If you can manage your cash flow effectively, you can weather any economic condition. However, if you are spending faster (and/or more) than you are collecting, you can be in a world of pain.

For my muse businesses, what I found most helpful was to accept credit cards. Credit cards provide a way of getting immediate access to cash at low risk. While cash is always better, credit cards provide the flexibility to accept orders world wide and get direct deposits within 3-4 days of the original charge at transaction fees of just a point or two in percent.

Some companies use Paypal or Google Checkout, but I prefer an actual credit card processing merchant. Some of you use services like Authorize.net or others that provide the payment gateways, but you still need to get the machines and software to make them work. One solution for companies that sell virtual or physical goods is Merchant Warehouse. MerchantWarehouse.com is the best place on the Internet to find the credit card machines you need to accept credit cards, debit transactions and checks. We have the guaranteed lowest prices on credit card machines, credit card software and all other credit card equipment.

I’d like to know what merchant account services and suppliers you use and what feedback you have, if any for those of us looking to make a cash-flow positive muse work in this economy.

Required FTC Disclosure:

This blog is a personal blog written and edited by me. For questions about this blog, please contact Rex at info [at] fourhourworkweekdiary [dot] com. This blog accepts forms of cash advertising, sponsorship, paid insertions or other forms of compensation. The compensation received may influence the advertising content, topics or posts made in this blog, including the article written above. That content, advertising space or post may not always be identified as paid or sponsored content. The owner(s) of this blog is compensated to provide opinion on products, services, websites and various other topics. Even though the owner(s) of this blog receives compensation for our posts or advertisements, we often give our honest opinions, findings, beliefs, or experiences on those topics or products. The views and opinions expressed on this blog are purely the bloggers' own. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question. This blog may contain content which might present a conflict of interest. This content may not always be identified.

Post a comment