When you’re shopping for a new home to place your merchant services business, what exactly should you be looking for?
There’s a long list of considerations. And not every provider will check every box in the same way.
So it’s important that you set priorities and try to find the provider that most closely meets your most important criteria.
For example, if you’re looking for lots of training and support, you’re probably going to have to sacrifice some revenue share compared to another provider that doesn’t do this.
One of the most important things you can do? Make sure their goals align with your goals.
☑️ Are they looking to exit in the near future?
☑️ In what ways are they reinvesting in their own business?
☑️ How do their partners/agents fit into the picture and what value do they place on them?
Merchant 1099-K’s: Everything You Need to Know
The 1099-K form is newer to the tax reporting scene in relation to its other 1099 form counterparts. The purpose of the form is to ensure that all businesses that