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October 12th, 2012:

Choice Merchant Services: Building A Purpose-Driven Company

Healther Clancy of Small Business Matters recently published a blog  post on ZDNet about how Harbortouch is giving away a free POS sales system to small business retailers in exchange for a 5 year comittment.  Choice Merchant Services offers free merchant equipment and software to its merchants in exchange for a 3 year contract comittment.  In addition, we have merchant service processing rates that start at 1.05% – which can save our merchants a lot of money in payment processing fees.  Yet, we are much more than that – we are a purpose-driven company.

With every purchase, 10% of our earnings help a child in need.  This is why our company mission is to, “empower leaders to do good by building a purpose-driven business that helps kids in need while helping businesses succeed. ” We have found that in business when your modivication is to do good, great customers come to you and are loyal to you.  In addition, great people come to Choice Merchant Services and want to be part of our great culture and ask to become a team member here.  They want to be part of something great.  They put their energy and drive into helping our company succeed becuase in doing so they are helping other businesses succeed and then helping kids through our 10% of earnings giving promise.  This purpose-drive culture at Choice Merchant Services find helps children in need by giving nutrition, healthcare, education, safety, love and faith to kids that need it.

Bottom line: Help customers by giving them a quality solution that saves them money and help others through charity.

This is the greater purpose of a company – to do good in everything that you do.

Paul Ryan Debate: Ryan Gets How to Grow Jobs

The the debate tonight between Joe Biden and Paul Ryan has spent a lot of time talking about the topic of job creation and taxes.  Joe Biden wants to raise taxes on small business and Paul Ryan does not.  Joe Biden wants to raises taxes on small business by about 20% and Paul Ryan wants tax rates to remain the same.  Being a small business owner, I ask, how can a 20% tax increase enable me to hire more people?  It can’t.

At Choice Merchant Services we strive to save our clients money by lowering the rates that companies pay to accept payments such as Visa, Mastercard, Amercian Express & Discover.  Since most companies pay about 2% of their revenues in payment processing fees, we can essentially give them a .25% “tax cut.”  Every month clients come to us because we can give them a .25% “tax cut” and that can do a lot to help their business.  If we can build an entire business around a .25% “tax cut” we provide to companies with merchant service savings, what business are Barack Obama destroying with his tax 20% hikes on small business?