Something All Small Businesses Should Read Before Using Paypal
If you search the Internet you’ll see there’s a lot of people that have problems with Paypal, but this story I read recently is probably the best one ever. Because it describes the dilemma most small businesses face when they get their accounts frozen or held.
Although this may sound a bit off topic in 2015 most of the developed world is living in a low interest rate environment, what this means for most of us small business owners is EARNED income is more important now than ever, so when you make say $10,000 per week and Paypal freezes your account and you have customers to satisfy it puts you and your company’s reputation at risk. My recommendation for small business is try not to spend all of your capital on non business related expenses especially when you’re in your early stages.
Anyway enough of me.. click the link below to read the article it’s called
https://medium.com/@casey_rosengren/paypal-froze-our-funds-then-offered-us-a-business-loan-49a078310fb#.u6aeecmsv
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