Despite the popular belief that bad credit can only happen to people who are financially irresponsible, the truth is that bad credit can actually happen to anyone. Some individuals simply find themselves in a bad situation either because they were suddenly laid-off or got a divorce. Fortunately, there are techniques to improve your credit rating. The most important thing to keep in mind is not to delay the process any longer.Showing creditors...more
It is now widely known that ecommerce is one of the fastest growing channels of new revenue growth for businesses. Selling online presents opportunities for businesses to connect with new customers that were previously unreachable and allows them to do so spending less.One of the most important factors that a business needs to consider when accepting payments online is choosing their payment processing vendor. Businesses will need two things to...more
This part 2 of a two part series about cost of PCI Compliance. This month we will take a look at look at the cost of software and hardware upgrades. Software and hardware upgrades may be necessary if you store secure credit card data in house. Gartner estimates that a company with 100,000 credit cards on file will pay $6 dollars in encryption costs per card. Alternatively, merchants can use technologies such as tokenization where the data storage is remote, which typically have per transaction fees instead of upfront costs. All of these estimates exclude the cost of labor and the opportunity cost of pursuing other profit-making endeavors. Smaller restaurants and retailers that only have a single terminal or POS system are still required to become compliant. In order to learn how to become PCI compliant they need to fill out the Self Assessment Questionnaire, but the compliance process is usually much less involved. Merchants that are using POS systems to process credit cards need to make sure they are not improperly storing prohibited card data and need to verify that their vendor is PABP compliant (soon to become PA DSS). To verify that your POS system is not storing prohibited...more
There is a lot of confusion surrounding credit card processing and merchant accounts. Some of the most common areas of confusion are the different types of organizations that sell the services, what entities actually process the transactions and the fees and pricing structures that continue to form an unsolvable mystery for most merchants. This...more
As an entrepreneur, youre driven by the belief that you can do things better yourself. Thats why you decided to open your own business. You want to work for yourself, be the only boss you have, be responsible for the outcomes. You want to be more profitable. This focus on making things happen by yourself is a great strength. It gets you to...more
Any real estate investment can prove to be a little complicated or complex, even for the most experienced investor. When you take that investment international, you wind up with a whole new set of rules, laws, and regulations regarding real estate investing, buying, and selling. When you want to invest in something as wonderful and gorgeous as Mexican Real Estate, you need a company that is on your side. At Insight Texas, we have a dynamic team of U.S. and Mexico certified attorneys and real estate agents so that you can trust that your investment transaction goes smoothly and is a secure investment.When you work with a Mexico real estate agent or company, you're not getting everything that you need to make the most of your investment. You need to have attorneys and professionals who can help you understand the laws of Mexican Properties. You need to have more than just someone to sell you the home. You need to understand the markets, the laws regarding investment opportunities, and how to make the most of your Mexico real estate investment. When you work with any old real estate company, these are things you will miss.Choose Insight Texas, and you'll get the information that you...more
Entrepreneurship in its bland definition is someone who organizes, manages and assumes the risks of a business or enterprise. That could describe many business owners, who may or may not do that well in the role. So what makes a truly dynamic, highly...more
Learn How to Get Rid of Debt the Easy Way Have you fallen into this trap? Repeatedly, reliable survey sources tell us that most of us do not realize how much we spend every month using our credit cards. Investigations reveal that when consumers...more
Salesmanship - I just love that word.It's the ability to sell.It's 50% art and 50% science. Of course that's my opinion.Ask most salespeople and they'll say it's 90% art and 10% science.I know, because that's how I felt years ago. I believe there is...more
How To Stay Up, Even When Youre Down.This past weekend I was going through some old newsletters when I came across a letter that might help you to deal more effectively with the recession and the tough times you're facing.So - enjoy the updated...more
Today, lots of business experts recommend getting into a business that needs very limited investment and yet returns to you twice or even thrice of what you first put in. With very minimal start-up capital, you could start your very own party rentals...more
Before we start there are a number of definitions we need to be clear about. These relate to the type of person needed to manage the work and understanding what a project plan is.Project Manager:A project manager is the person accountable for...more