A Matter of Law
Further, Freedman says it could really help to have an advisor tell you what is legal and how to navigate the differing requirements of state law.

Abraham J. Perlstein, coordinator of the Lifetime Care Foundation for the Jewish Disabled of the Ohel Children’s Home and Family Services in Brooklyn, N.Y., says he is particularly concerned that families get accurate information about the legal intricacies of making decisions for the elderly. (more…)

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Bankers hate risk. That’s why higher risk means higher collateral and larger transaction fees.

So what can you do to deal with this reality? Approach the issue of obtaining a merchant account as though you were applying for a loan: Be professional, and be prepared. This can go a long way to reducing the demands placed on you. If you convince the financial institution that you are a lower risk, it can help substantially.

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