Getting Legal + Merchant Account Advice Needed

by Cory Friedman 6 replies
Hey Warriors,

I'm launching a major new phase of my business that's gonna reguire that I bite the bullet
and get a full blown merchant account...

But here's the thing:

I'm just a 1-man-band. All I have is a tax ID. I never registered an actual legal business / name, and the merchant account applicatiion is asking for all sorts of serious legal mumbo jumbo.

I'm sure many warriors fall into this exact sitution. Is there anyone who can point me in the right direction for a 'step-by-step' plan based on my needs?

Just for the record: my business activities include digital & physical information products so some are sent in the mail. Also, I have numerous websites / products and several pen-names.

Thanks,
Cory
#main internet marketing discussion forum #account #advice #legal #merchant #needed
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  • Profile picture of the author KimW
    Since you have physical products too, you might want to check into getting your merchant account thru Quickbooks.
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  • Profile picture of the author Daniel E Taylor
    Originally Posted by Cory Friedman View Post

    Hey Warriors,

    I'm launching a major new phase of my business that's gonna reguire that I bite the bullet
    and get a full blown merchant account...

    But here's the thing:

    I'm just a 1-man-band. All I have is a tax ID. I never registered an actual legal business / name, and the merchant account applicatiion is asking for all sorts of serious legal mumbo jumbo.

    I'm sure many warriors fall into this exact sitution. Is there anyone who can point me in the right direction for a 'step-by-step' plan based on my needs?

    Just for the record: my business activities include digital & physical information products so some are sent in the mail. Also, I have numerous websites / products and several pen-names.

    Thanks,
    Cory
    I think most of us who built online companies been there.

    Your going to need to buckle down and file for your corporation
    and get you a S-Corp.

    If you are like I was you are probably disorganized and the thought
    of all the paperwork you are going to have to keep can get
    exhausting.

    But it really isn't that bad.

    I actually just had someone else do all the work for me
    and I gave him the information. If you don't know anyone
    who can do it, you can always do it yourself by looking
    online and reading the free information. Thats what I did,
    but luckily like I said I had a guy who can do it.

    Your gonna have to get legit real fast if you want to
    get a merchant account with a bank. Which is what
    you are going to need.
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  • Profile picture of the author Cory Friedman
    Thanks much for the advice everyone,
    Cory
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    • Profile picture of the author Rich Blondi
      I setup my s-corp with hardly any trouble at all myself, it was no big deal. I would never pay for someone to do it for me. it took an hour.
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  • Profile picture of the author Matt D
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