Feb 18 2009
Its Toughest Time For Business, But There is Always Hope
Tougher times are expected for small and medium sized business. Business failures are expected to rise by a staggering 50% which means that failed businesses could peak around 32,400 in 2010; this would be the highest level recorded since 1992. The Federation of small businesses said that they had recorded a dramatic increase of 214% in the amount of calls to their legal advice line on redundancies from concerned small businesses in the fourth quarter of last year.
Their members are concerned about jobs and how to hold on to jobs; small businesses are usually the last businesses to make employees redundant. The calls are asking how to make employees redundant, how do I do it, what action should I take, this is extremely worrying when it is thought that 32,400 business may go bust. On average each small business employees approximately 5 members of staff; this means that 150,000 people could lose their jobs from small businesses this year.
Our focus has always been to provide first class support and education to keep you, our merchant, profitable and in compliance. As your Advisor, we place significant emphasis on the ongoing management of our relationship with you. We stand behind our service. And as anyone knows, a company’s service is only as strong as the people behind it. Thank you for allowing Merchant Advisors the opportunity to earn your business.
With over 20 years experience in the payments processing industry and small business loans, Merchant Advisors provides a total payments solution including ACH processing, Credit Card Processing and alternative small business financing via our business cash advance solution. Our payment processing solutions are designed to meet the requirements of both medium and enterprise level companies yet affordable for new businesses searching for a scalable solution.
It’s a great comfort to know there is an amazing group of professionals ready to help and give small business owners like myself the knowledge, support and outstanding service that I have received in the past week . . . No hidden surprises; everything promised was delivered in a matter of days. Merchant Advisors will keep Small American Business alive!
Catherine F, President (Gift Shop) Palm Beach, FL
Zinnia
Throughout our history we’ve provided innovative and specialized solutions to our merchants. These solutions have helped our merchants reduce processing costs, streamline operations, and increase sales through the use of additional payment options. These are just a few of the benefits our merchants have experienced working with our Advisors.
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