Quote:
Originally posted by mdcq
That sounds like a big fucking ordeal, not that im not prepared to do it, but Its hard to believe that every mom and pop website on the internet has gone through that just to get a merchant account. New single girl sites popping up on the daily accepting credit cards, it seems that some have it easier than others I guess. And how exactly do you do a P&L report on a business that hasnt seen day one yet? and if your profit is based off internet traffic there is no way to guesstimate it. I do appreciate the info though and I thank you for it.
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think positively, your individual tax returns should suffice. Its really a good step to take. Worst case is they'll limit your account at first to like 10k a month. In reality, if you go over they're not going to say no.
Getting a merchant account is an integral part of building a business. Might as well get all the annoying bullshit out of the way. Just find someone who is willing to help you.
It is an ordeal, like it is an ordeal to get a mortgage, buying a car, being self employed, Or having shitty credit over some $800 mistake you made in college.