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Need Capital To Build You Business? Here Is A God Send For All People Starting!!

Capital To Build Your Business

I have discovered the perfect match for anyone looking for a little wiggle room in the finances to get your business up and running? One of the largest reasons for failure for people trying to get started is the time it takes and the money it takes to build your business. That has been the deterring factor many times!!!

Here I present to you the opportunity to provide a very valuable service to businesses needing the merchant processing to be able to sell their health and beauty products, CBD Oils and other products and services.

How It Works

Online retailers (investors to the IBOs) who have more consumer demand to process payments than what their own merchant accounts allow them to transact in any given monthly period are willing to pay other business owners (IBOs) to resell their products or services from their own business merchant accounts via a reseller/investor relationship.


How Are You Compensated?
As part of the relationship, the online retailers still manage all the business aspects of the consumer relationship between the IBO and their customers. IBOs remain in control of their business, but basically outsource most all management tasks back to the online retailer as they are often better equipped to provide the optimal customer experience. Thus, IBOs do not typically manage product fulfillment and customer service of the products they sell. Like any business, IBOs are compensated for the business relationships they manage from their business. Since all order and product fulfillment and customer service is outsourced to the online retailer/investor, IBOs are generally focused on making sure their merchant accounts and banking relationships remain strong and in good standing to provide maximum value to their online retailer/investors.

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While online retailers/investors are always looking for continued ways to improve the program and to minimize the activities required for mutual success, currently IBOs are paid a flat fee of $1000 per month for fulfilling their agreement with the online advertiser investor. This payment happens monthly, 30 days after processing begins.

How Long Does It Take

Most IBOs can provide all the necessary documentation, create an LLC, and set up a business bank account within 3 business days. Once the paperwork is confirmed and documents are signed, it usually takes 2-3 weeks for merchant account approvals on the newly formed business.

Once the merchant accounts are created and approved, most IBOs begin working with their investors soon after.

What are My biggest liabilities?

Online retailers must trust that the IBO is a stable business manager and available to manage their aspects of the business. The biggest concern is always if the IBO touches or interferes with the money outside of the agreement. Minimally it creates an accounting nightmare, but in some cases could also be considered both fraud and theft.

On the IBO side, the typical concern is the longevity of the agreement and liabilities. Liabilities could be if the merchant accounts of their business were turned off, and they were unable to process credit card payments for several years because of the actions of the advertiser. (The banks hold a percent of all sales as cash reserves to protect themselves from most chargeback situations. That minimizes financial exposure.)

Pay Reach safeguards. While Pay Reach is not part of any IBO relationship, Pay Reach is the supplier of merchant accounts and so they assist in the successful management of their accounts. With the use of technology and strong banking relationships, Pay Reach maintains regular communication with all its clients to minimize many risks in the market place.

GO HERE FOR MORE INFORMATION


This article was published on 22.06.2020 by Paul Rankin Jr.
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