Bank of America Merchant services

  • Thread starter Thread starter Ilovetofixcomputers
  • Start date Start date
OK now I'm really confused. All along you've been saying that you're doing business out of your parent's basement and that you will be having customers come into your basement workshop... which I assume is where you'll have your overkill card reader. So now they're not coming to the basement? Are you installing the card reader in the driveway??

No im installing it in my bedroom no I mean they wont come to the basement.. they will drop off ect, they don't actuallt go down there
 
you better not be taking that card out of their site... that's a bit of a major no-no! install that reader wherever your forms and printer and cash register is setup.
 
ihave about 4 customers lined up this weekend... Bank Of America seems good for 95$ a year.. and jil just buy a used terminal on ebay.. im think about all of the advise but I honestly would rather have credit card cuz it goings into my account and I can pay for stuff from right there ect


OMG! SQUARE GOES INTO YOUR ACCOUNT TOO! Why even ask for advice if you have no intention of ACTUALLY listening to said advice? Do you have ANY start-up capital? You shouldn't be paying yourself until ALL business expenses are paid. If you have start up capital, you don't need the money right away. the fact that you are so hung up on that makes me want to label you a faux-tech.

Have you actually talked to a banker at BOA? Or have you just read the headlines on their business account page? Read the fine print, kid.

Seriously, you are insane if you think you will make it past the first year. 4 customers lined up does not make a business plan.
 
I would avoid. I used to work for them and then they were my processor. They make all the right promises and I ended up paying 60 dollars a month even when I didn't process any credit cards.
 
Thanks for the good luck, ill need it, but ive decided against house calls because this morning I was called by a friends family mother saying that her son (my good friend) went on a house call last night was killed while fixing the computer.. so im not going to do house calls

Really? I'm going to need you to post an article that backs up that claim.
 
Its run out of my baserment just so you understand. but customers will not be allowed down there

Wait. Your customers aren't going to be down in your basement? What... are they going to have tea-time with mommy while they wait for their pick up? You keep going back and forth with this and I'm really not trying to be a complete b*tch... but you really make no sense. None. Not at all.
 
I would avoid. I used to work for them and then they were my processor. They make all the right promises and I ended up paying 60 dollars a month even when I didn't process any credit cards.

If I may ask how did u ay 60$ a month.. I can see if u were leasing the terminal... im bying a used one so the only cost would be transction and 95$ annual cost...
 
Its run out of my baserment just so you understand. but customers will not be allowed down there


OK. You're basically doing what I'm doing then, except you're expecting customers to come to you instead of doing it the right way. Let me highlight the flaws here and pray that you understand.


You run the business out of the home. You do the majority of the work out of the home. BUT, you don't want customers to come into the home, because... it's a home, not a business. The problem there is that you still need a place to interact with the customer... somewhere where they can show you what's wrong with their computer... somewhere where you can go over paperwork, estimates, invoices, contracts... somewhere where you can accept payment... where the customer can WATCH you swipe their card. How do you accomplish that without letting the customer into your home-based shop?

You go to the customer!

Just because you're mobile doesn't mean you have to stick around for hours and do all the work in their living room. You show up, do a quick run-through with the customer to make sure you're addressing all their issues, you make sure the customer understands your fees and contracts, fill out all the paperwork, and then haul their computer back to your house to do the work! Once the work is done you schedule a drop-off, you give them their equipment, the invoice, and accept your payment.

BAM. Done.
 
I think this thread is getting a little silly now, ilovetofixcomputers, I don't know why you start these threads, you clearly have made up your mind already and don't listen to some very, very good advice kindly given to you by experienced techs here, so now I think you should just go with what you want to do and learn from your mistakes
 
OK. You're basically doing what I'm doing then, except you're expecting customers to come to you instead of doing it the right way. Let me highlight the flaws here and pray that you understand.


You run the business out of the home. You do the majority of the work out of the home. BUT, you don't want customers to come into the home, because... it's a home, not a business. The problem there is that you still need a place to interact with the customer... somewhere where they can show you what's wrong with their computer... somewhere where you can go over paperwork, estimates, invoices, contracts... somewhere where you can accept payment... where the customer can WATCH you swipe their card. How do you accomplish that without letting the customer into your home-based shop?

You go to the customer!

Just because you're mobile doesn't mean you have to stick around for hours and do all the work in their living room. You show up, do a quick run-through with the customer to make sure you're addressing all their issues, you make sure the customer understands your fees and contracts, fill out all the paperwork, and then haul their computer back to your house to do the work! Once the work is done you schedule a drop-off, you give them their equipment, the invoice, and accept your payment.

BAM. Done.

I think I worded that wrong.. they go down there I go over everything down there ect.. just not like random people . shady people.. like you know just to be safe..
 
Like the kind that proves your claim. *facepalm*

you know obituary, usually something like that would get a newspaper article, and a tv story etc...



gosh I feel like I'd be better off teaching business 101 at the local college than going over the same darn stuff here lol
 
you know obituary, usually something like that would get a newspaper article, and a tv story etc...



gosh I feel like I'd be better off teaching business 101 at the local college than going over the same darn stuff here lol


Agreed. Lord, I have facepalmed soooo many times reading this thread. I did do a Google search for local newspapers in his town and couldn't find anything.
 
I think I worded that wrong.. they go down there I go over everything down there ect.. just not like random people . shady people.. like you know just to be safe..


OK, ok... I get what you're saying... but how do you know who is who? When I have a new customer contact me I don't know who they are, what they do, if they're a serial rapist, a meth addict, black, white, purple... nothing. And I won't know any of that until I make the pickup and meet them in person. That's the whole reason I do pickups instead of having customers come to me. I don't want Joe Public to know where I live... and I especially don't want them to see what kind of expensive equipment I have in my shop.

So... how do you intend to determine if someone is too "shady" or "random?" And while you're at it... explain how your customers are going to be NOT random??
 
OK, ok... I get what you're saying... but how do you know who is who? When I have a new customer contact me I don't know who they are, what they do, if they're a serial rapist, a meth addict, black, white, purple... nothing. And I won't know any of that until I make the pickup and meet them in person. That's the whole reason I do pickups instead of having customers come to me. I don't want Joe Public to know where I live... and I especially don't want them to see what kind of expensive equipment I have in my shop.

So... how do you intend to determine if someone is too "shady" or "random?" And while you're at it... explain how your customers are going to be NOT random??

you are right, I don't want them to know where my house is but I don't think my dad would want to drive with me to pick up all the computers.
 
Back
Top