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      Saturday, February 04, 2012

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SMBnow.com / SMB Accounting

SMB Accounting

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Quickbooks in the SMB Cloud

SMB owners now have a solution for integrating accounting packages -- eBridge On The Cloud (EOTC) Quickbooks Beta Program

eBridge Connections, the world’s most powerful accounting integration platform, announced the launch of the exclusive QuickBooks Beta Program. Appropriately codenamed EOTC or eBridge On The Cloud, this invite-only Beta is free to all companies running both Quickbooks (Enterprise 2010 or Premier 2010) and eCommerce platforms including Magento Enterprise, Volusion, Miva Merchant, ASPDotNetStoreFront, eBay, Amazon and many more supported carts.

This beta program is one more step in eBridge’s commitment to bring all accounting integration to the cloud. eBridge has been working closely with hand-picked participants, with plans to carefully test and refine the first phase of EOTC. Feedback and feature requests from actual QuickBooks users will be vital to the platforms’ initial success. While QuickBooks has been chosen for the pilot project, the long-term goal will see integration with all 40+ Accounting and ERP systems currently supported by eBridge make their way to the completely cloud-based offering.

“Accounting integration in the cloud remains our primary goal. It is small business owners who drive our business and leverage our enterprise technology in the cloud. They can significantly reduce costs by having important documents integrated into their accounting package.” said Colin Brown, CEO at eBridge. “Our commitment is to continue to level the playing field for small businesses in the integration space; this is just another step to service a growing market.”

About eBridge
Founded in 1993, eBridge Connections leads the small to medium sized (SME) market in accounting software integration. The powerful combination of Integration-as-a-Service (IaaS) platform – including over 700 predefined connectors for EDI, eCommerce, CRM, and warehouse management—and the eBridge adapters with over 40 accounting packages, makes eBridge Connections the only ‘last mile’ integration-as-a-service company to offer such a wide range of integration solutions. eBridge’s complete and flexible integration solution streamlines your business processes, saving you time and money.

For more information visit www.ebridgeconnections.com an Integration as a Service platform for EDI | CRM | SCM and eCommerce integration.       40 Accounting Packages | 1000’s of Connections | Millions of Documents

For more information contact:

Tory Crowder
Jump Start Communications
Tel: 416.998.8702
E-mail: torycrowder@sympatico.ca

Or

Dave Malda
Marketing Coordinator
eBridge Software
Tel: 1.800.755.6921
E-mail: dmalda@ebridgesoft.com

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SMB Credit Card Processing: FeeFighter...


...their comparison engine can save businesses an average of 40 percent from their credit card processing.  


FeeFighters shines the light on credit card processors.
 

FeeFighters Combats High Credit Card Processing Fees

Chicago, IL – In this sluggish economy, many small businesses are struggling to survive. As owners watch their expenses rise, they are forced to raise prices or see their profits shrink. One website, FeeFighters, is coming to the rescue by helping business owners reduce a notoriously inflated but necessary expense: credit card processing fees.

FeeFighters is a free online comparison shopping engine that lets business owners quickly find the best rates for credit card processing services. Merchants instantly get apples-to-apples bids from top tier processors, and can save an average of 40% on their credit card processing costs. All processors that bid on the site have been vetted, and must adhere to strict rules and transparent pricing­, which ensures business owners won’t get ripped off or hit with hidden costs.

“The credit card processing industry isn’t regulated,” says FeeFighters CEO and Co-Founder Sean Harper. “All too often, a processor promises one rate, when in reality, the fees end up being much higher, and the small business owner who thought he was getting a good deal is stuck paying a lot more than he bargained for.”

CEO Harper was himself a small business owner, and FeeFighters was founded out of his own frustration when shopping for credit card services for his e-commerce website, TSS-Radio. “As the owner of a small start-up, choosing a credit card processor was painful. It took me weeks of research, gathering and comparing bids, then negotiating the terms. I finally thought I secured a good deal, only to learn, months later, that I was being charged almost twice the rate they had quoted me! No business owner should have to go through that hassle,” says Harper.

His solution, FeeFighters, is like Priceline or Expedia for credit card processing. In the same time it takes to comparison shop for airfare, merchants can go onto FeeFighters.com and quickly find the lowest rates from the credit card providers that best match their needs. The process is simple. Merchants answer a few questions about their business, then instantly get a range of competitive bids from top-quality providers who’ve passed FeeFighters’ rigorous check-up. Pricing is shown in an easy-to-compare, apples-to-apples format, and merchants can see customer reviews and Better Business ratings for each provider.

FeeFighters is free for businesses, and makes money by charging processors to participate in the marketplace.  Unlike lead generation websites, information that business owners enter is confidential and shared only if a business owner selects a processor to work with.

Harper says that FeeFighters plans to extend its comparison shopping service to eventually include payroll processing, employee health insurance and other financial expenses, to further help small business owners hold on to more of their money.

For more information about FeeFighters, visit http://www.feefighters.com.

About FeeFighters

FeeFighters is a comparison shopping website for credit card processing. We are financial ninjas who fight to help business owners keep more of their money.Our unique auction process and comparison engine allows us to save businesses 40% on average on their credit card processing. FeeFighters is quick and simple to use and all of the processors that bid on our site are vetted and certified by the FeeFighters to ensure quality and ethical behavior.

 

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Non-traditional Funding Tips for SMBs’

Vi bygger internet: Tomer Shalit, Textflow.com from Pelle Sten on Vimeo.

by Tom Shalit, CEO adn founder, Nordic River

Since 2008, startup companies have struggled to get the funding they need from traditional funding sources such as banks and venture capitalists. With the need for financing persistent through every growth stage, many entrepreneurs have to be more creative and find alternative funding sources. I decided to look into an alternative funding source that many do not associated with innovative technology – a local bakery.
 
Around October/November 2008, I began talking to Polarbröd, a large, 20-year-old, family-owned bakery in Sweden. Although our businesses were in two completely different industries, Polarbröd thought it was a great time to invest, as people buy more bread in downturns, and they understood the potential of investing in a promising tech-based company like Nordic River. What seemed like an odd partnership in 2008, has turned out to be a successful deal for both parties. Since we secured the funding, we have signed partnerships with Box.net and Google, have had numerous product rollouts, and have experienced tremendous user pickup and company growth. Based on securing funding in unlikely spots, here are a few of my tips on securing alternative funding:
 
Recognize your strengths
My first idea for funding was to go into Stockholm and go to every bank as I was convinced I could find funding easily. However, when I went to the Stockholm banks they turned me away. It made me think about what advantages I had over my competition. I had to put myself in the banks’ shoes - Why am I worth the funding? That question will make you recognize your strengths. Take your strengths and harness them. This is your advantage over your competitors and how you will persuade someone to fund your project.
 
Go local
Local businesses love supporting neighbors, so use this to your benefit. When I went to the Stockholm banks, they did not see me as one of their own. However, when I went back to my hometown and changed the name of my company, Nordic River, to reflect a pride and sense of community, I was greeted with more respect. The people you approach in your community know and trust each other. Before you go and meet with your local businesses make sure you do your homework - what is their background, have they invested before, do they have the money to fund you, what do they want to invest in, and what will they get out of the partnership?
 
Value of a handshake
In the initial meeting, go see them in person. Having someone look you in the eye and shake your hand is a trust building action. Also, do not ask for funding in the first meeting. You need to build the business relationship - ask questions and listen to what they are saying. Last but not least, be patient. The company needs to trust you and your product - your success will be their success and vice versa. They are investing their hard earned money. It took me over a year to finalize the funding with the bakery. 
Since 2008, startup companies have struggled to get the funding they need from traditional funding sources such as banks and venture capitalists. With the need for financing persistent through every growth stage, many entrepreneurs have to be more creative and find alternative funding sources. I decided to look into an alternative funding source that many do not associated with innovative technology – a local bakery.
 
Around October/November 2008, I began talking to Polarbröd, a large, 20-year-old, family-owned bakery in Sweden. Although our businesses were in two completely different industries, Polarbröd thought it was a great time to invest, as people buy more bread in downturns, and they understood the potential of investing in a promising tech-based company like Nordic River. What seemed like an odd partnership in 2008, has turned out to be a successful deal for both parties. Since we secured the funding, we have signed partnerships with Box.net and Google, have had numerous product rollouts, and have experienced tremendous user pickup and company growth. Based on securing funding in unlikely spots, here are a few of my tips on securing alternative funding:
 
Recognize your strengths
My first idea for funding was to go into Stockholm and go to every bank as I was convinced I could find funding easily. However, when I went to the Stockholm banks they turned me away. It made me think about what advantages I had over my competition. I had to put myself in the banks’ shoes - Why am I worth the funding? That question will make you recognize your strengths. Take your strengths and harness them. This is your advantage over your competitors and how you will persuade someone to fund your project.
 
Go local
Local businesses love supporting neighbors, so use this to your benefit. When I went to the Stockholm banks, they did not see me as one of their own. However, when I went back to my hometown and changed the name of my company, Nordic River, to reflect a pride and sense of community, I was greeted with more respect. The people you approach in your community know and trust each other. Before you go and meet with your local businesses make sure you do your homework - what is their background, have they invested before, do they have the money to fund you, what do they want to invest in, and what will they get out of the partnership?
 
Value of a handshake
In the initial meeting, go see them in person. Having someone look you in the eye and shake your hand is a trust building action. Also, do not ask for funding in the first meeting. You need to build the business relationship - ask questions and listen to what they are saying. Last but not least, be patient. The company needs to trust you and your product - your success will be their success and vice versa. They are investing their hard earned money. It took me over a year to finalize the funding with the bakery. 
Since 2008, startup companies have struggled to get the funding they need from traditional funding sources such as banks and venture capitalists. With the need for financing persistent through every growth stage, many entrepreneurs have to be more creative and find alternative funding sources. I decided to look into an alternative funding source that many do not associated with innovative technology – a local bakery.
 
Around October/November 2008, I began talking to Polarbröd, a large, 20-year-old, family-owned bakery in Sweden. Although our businesses were in two completely different industries, Polarbröd thought it was a great time to invest, as people buy more bread in downturns, and they understood the potential of investing in a promising tech-based company like Nordic River. What seemed like an odd partnership in 2008, has turned out to be a successful deal for both parties. Since we secured the funding, we have signed partnerships with Box.net and Google, have had numerous product rollouts, and have experienced tremendous user pickup and company growth. Based on securing funding in unlikely spots, here are a few of my tips on securing alternative funding:
 
• Recognize your strengths
My first idea for funding was to go into Stockholm and go to every bank as I was convinced I could find funding easily. However, when I went to the Stockholm banks they turned me away. It made me think about what advantages I had over my competition. I had to put myself in the banks’ shoes - Why am I worth the funding? That question will make you recognize your strengths. Take your strengths and harness them. This is your advantage over your competitors and how you will persuade someone to fund your project.
 
• Go local
Local businesses love supporting neighbors, so use this to your benefit. When I went to the Stockholm banks, they did not see me as one of their own. However, when I went back to my hometown and changed the name of my company, Nordic River, to reflect a pride and sense of community, I was greeted with more respect. The people you approach in your community know and trust each other. Before you go and meet with your local businesses make sure you do your homework - what is their background, have they invested before, do they have the money to fund you, what do they want to invest in, and what will they get out of the partnership?
 
• Value of a handshake
In the initial meeting, go see them in person. Having someone look you in the eye and shake your hand is a trust building action. Also, do not ask for funding in the first meeting. You need to build the business relationship - ask questions and listen to what they are saying. Last but not least, be patient. The company needs to trust you and your product - your success will be their success and vice versa. They are investing their hard earned money. It took me over a year to finalize the funding with the bakery.
 

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