PaySuite

06/25/2023

If you’re in business or want to go into business for yourself, you need to be aware of the six threats or opportunities that can be headwinds or tailwinds for your business.

These six forces are discussed in major periodicals, white papers, industry conferences, and business platforms by all major consulting firms.

How you approach them will determine what the next 2-5 years will look like for you as an entrepreneur or executive.

The six forces: https://gopaysuite.com/episode-18-keith-sconiers-helping-entrepreneurs-build-better-businesses/

06/03/2023

In today’s episode, I’m talking with Kevin Perry an independent Agent at Forestel who has 10 years of experience helping local, regional, and national customers secure their internet, voice, and cloud services to ensure they are most productive, profitable, and secure. Kevin’s focus is helping companies in the NW solve problems with their internet, voice, and cloud services, and provides his customers with these solutions from a diverse array of service providers at NO cost to them.

Episode: https://gopaysuite.com/episode-19-kevin-perry-helping-organizations-manage-internet-phone-and-cloud-solutions/

In today’s episode, I’m talking with Kevin Perry an independent Agent at Forestel who has 10 years of experience helping local, regional, and national customers secure their internet, voice, and cloud services to ensure they are most productive, profitable, and secure. Kevin’s focus is helping...

05/17/2023

In today’s episode, I’m talking with Ken Cook, a business advisor, former marketing agency owner, and cofounder of The Prepared Group.

In our call, we discussed his journey of starting his career in the marketing & advertising business, what it was like running a tactical marketing agency, and how he is helping marketing agencies grow their firms by helping clients with strategy.

Episode: https://gopaysuite.com/episode-17-the-entrepreneurs-ultimate-tax-with-ken-cook/

03/29/2023

Over 5 years ago, I wrote an article about why “cash discounting” could destroy your business as thousands of agents raked in profits regardless of what Visa said about it not being compliant. Today I learned about a business owner getting a 5k fine for violating Visa’s guidelines.

This is why ‘purpose’ matters.

Many providers enter payments because of the ‘money’ and not for the ‘people’.

I say it all the time…

The ‘people’ are the gift, not the money.

Other than potential fines, here are more reasons why ‘cash-discounting’ is bad for your business:

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03/28/2023

Visa keeps saying your “cash discounting” program isn’t compliant.

Is it worth a fine or losing the ability to accept VISA?

Choosing the right payment partner includes making sure you use one that cares about making sure you keep the ability to accept credit cards, not one that promotes programs that pay them the most.

01/03/2023

As an entrepreneur, you will often be faced with challenges with growing, raising capital, and finding ways to innovate in a shifting market.

In today’s episode, I’m talking with Kasten Spethmann of Your Startup Life, a business advisor, retired professional windsurfer, recovering venture capitalist, and entrepreneur who coaches founders with the advice they need to raise capital and build exceptional businesses.

Listen in:

In today’s episode, I’m talking with Kasten Spethmann of Your Startup Life, a business advisor, retired professional windsurfer, recovering venture capitalist, and entrepreneur who coaches founders with the advice they need to raise capital and build exceptional businesses.In our call, we discus...

12/23/2022

People wonder what we do at PaySuite.

Here’s an idea of what we accomplished this week:

☑️ Helped one of our clients get 100k loan for their 2023 growth plan.

☑️ Helped a client transfer over 4k customer records to their new POS system for their retail store.

☑️ Built an online page so our client that runs a successful cleaning company can accept checks and credit cards online.

☑️ Securely transferred client credit card records for our client to a new system so they didn’t have to manually type in hundreds of credit card numbers.

☑️ Helped a health and fitness client save over 4k per year on the software they run their business on so they could reach more customers in less time, on less cost.

☑️ Launched a technology partnership that will help us coach our clients on ways to double their profit using information gathered from their sales and transactional data.

☑️ Saved our clients hundreds of hours trying to manage all of that on their own so they could focus on growing their business instead of “speaking” tech.

Our favorite part is knowing they are taken care of because small business owners make the world go round.

Are you tired of trying to navigate the technology in your business by yourself?

You don’t have to do that anymore, especially not in 2023.

That’s why we exist.

12/22/2022

Payment Facilitation.

Embedded Payments.

The hottest trends in the fintech and financial sector that I’ve been involved in for years now.

I hear all the conversations.

SAAS companies that are white-labeling payment processing tools as their own to monetize payments.

This is a great thing when they pick the right platform to integrate with that allows them to serve their customers better.

It’s awful though when they don’t have enough staff to support the core functionality of their product and their customer experience takes a dive.

What make it worse is when customers have this impression their software provider launched a lucrative revenue stream, even though they got bad economics on it, and didn’t beef up their support resources.

Should you take advantage of embedding payments and other financial tools to better serve business clients?

Yes, you probably should.

But embedded finance should help you build a better company and customer experience, not detract from it.

I routinely hear from customers how they feel about their software and payment providers and many times they are frustrated.

This is typically because someone signed them up and then disappeared once the deal was done.

Then the support team has to try to make it right, without being empowered to do so.

We have to get this right for customers.

These business owners, general managers, and c-level executives do not have time to chase software and payments people around or constantly call support.

You do it right by making sure you have the right tools, partners, and economics so your team doesn’t get overwhelmed by managing another iteration of your product that they aren’t experts in.

11/08/2022

When I started working with restaurant owners 8 years ago, I was inspired by the culture and family feel you get when you step into a buzzing restaurant. Every single employee plays a key role in making sure customers have a great experience.

Over the years, especially during the pandemic, restaurant owners have faced additional pressure trying to navigate labor, food, technology, and safety costs, which has added to the challenge of attracting and retaining employees.

In today’s episode, I’m talking with Jim Taylor of Benchmark Sixty, a global consulting firm that is dedicated to helping restaurants solve the challenges they face when it comes to retaining employees, managing labor costs, and increasing productivity, all without having to raise menu prices so restauranteurs can continue to build restaurants that thrive in our communities.

Check out the episode: https://gopaysuite.com/episode-15-jim-taylor-ending-the-labor-shortage-for-restaurants/

In today’s episode, I’m talking with Jim Taylor of Benchmark Sixty, a global consulting firm that is dedicated to helping restaurants solve the challenges they face when it comes to retaining employees, managing labor costs, and increasing productivity, all without having to raise menu prices.

11/01/2022

10/15/2022

In this episode, I talk with Kim Boaz, an entrepreneur, bookkeeper, and founder of All Stars Accounting Professionals Inc.

In our conversation, we got to talk about how she got started in bookkeeping, what drove her to start a local nonprofit for accounting professionals, and how business owners can create a process that allows them to select the best bookkeeper for their business.

In this episode, I talk with Kim Boaz, an entrepreneur, bookkeeper, and founder of All Stars Accounting Professionals Inc. In our conversation, we got to talk about how she got started in bookkeeping, what drove her to start a local nonprofit for accounting professionals, and how business owners can...

07/22/2022

Is Right About & ?

In this video, I talk about a letter Congress members sent to & about their pending April rate update and why it falls short for entrepreneurs.