Personal Finance

Get 202 Ways to Supplement Your Retirement Income PDF

By James Stephenson

ISBN-10: 1932531661

ISBN-13: 9781932531664

The New Encyclopedias for Supplemental source of revenue

Filled with 202 confirmed money-making possibilities, each one ebook during this well known sequence outlines a mess of how you could complement your income.

The present development of energetic retirement is growing to be. This e-book indicates you what you are able to do in retirement to make more cash. Plus, it contains the necessities on getting all started, with useful suggestions in all parts of commercial and an intensive source list.

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Providing your credit is sound, you will run into few obstacles. If your credit is poor, you may have difficulties opening a merchant account or have to provide a substantial security deposit. If you are still unsuccessful, the next best option is to open an account with an online payment service provider, which is discussed in the next section. The advantages of opening a credit card merchant account enabling you to accept credit card payments are numerous. In fact, studies have proven that merchants who accept credit cards can increase sales by up to 50 percent.

202 Corporation The most complicated business structure is the corporation. When you form a corporation, you create a legal entity separate and distinct from the shareholders of the corporation. Because the corporation becomes its own entity, it pays taxes, assumes debt, can legally sue, can be legally sued, and, as a tax-paying entity, must pay taxes on its taxable income (profit) prior to paying any dividends to the shareholders. But the company’s finances and financial records are completely separate from those of the shareholders.

These expenses must be viewed as a cost of doing business in the 21st century. Not all banks, merchant accounts, and payment processing services are the same, and fees vary widely. So shop around for service and prices. Also check with small business associations such as the chamber of commerce to see if they offer member discounts. It is not uncommon to save as much as 2 percent on credit card merchant fees, for example. Remember, consumers expect choices when it comes time to pay for their purchases, and if you elect not provide these choices, expect fewer sales.

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202 Ways to Supplement Your Retirement Income by James Stephenson


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