What Mobile Payment Guide Starting a new business accepting mobile payments and mobile card payments

Mobile payment guide for business on mobile money transfer, Best mobile payment acceptance for business. Accept card payments on your mobile.

Starting a new Mobile business and accepting Card and Mobile Payments

Making sure you start your business on a solid foundation is critical to ensure you maintain control and have visibility of how and where best to grow your business for the right reasons. There is much data available through mobile and digital services allowing you complete control of your business whenever you want it. What Mobile Payment attempts to breakdown some basic steps to follow to ensure your business has the best start.

Summary:

1. Choose a good business name

2. Buy a good domain name

3. Register your business and understand your risks

4. Create social media accounts

5. Launch your web site

6. Open a Bank Account

7. Find an accountant

1. Choose a good business name

You must pick a really good business name. It should say what the business is about and you should consider a name that will be picked up in search engines well.

Things to check:

• Companies House
• Intellectual Property Office
• Namechk (for domain availability and social media accounts)

2. Buy a Domain Name

Once you have thought of a good name you must consider a web domain name. this should be similar to your business name or product(s) you are trying to sell. Your name may very well be taken so check here and think of possible variations to get the name you want.

Things to check:

• Company Formation
• Domains
• Hosting
• IT Services

3. Register your business and understand your risks

You may choose to run your business as a sole trader and depending on your size and type of business typically a business will need the separation and protection from personal liabilities – info can be found here at your for more information. Ensure you understand all your obligations to your customers and laws and have relevant insurance where required.

Things to check:

• Company formation
• HMRC
• .Gov
• Insurance

4. Create social media accounts

Social media is a rapidly expanding and evolving space for advertising your products, ensuring you have a good advertising strategy across traditional and new digital methods will ensure your business success.

Things to check:

• Best social media medium for business activity
• Possible Content Management Platform (CMP) plugin

5. Launch web site

Launching your website should be a big deal and well co-ordinated to ensure a big buzz for your “GO TO MARKET” planning. Proper Planning Prevents Poor Performance.

Things to check:

• Go to Market strategy
• Business Product Plan
• Marketing Plan
• Sales Plan
• Delivery Plan

6. Open Bank Account

Choosing the right account for your business is critical.. you must first assess what your needs are and the types of transactions your business will need. This will be critical in picking the right business account and accounting package as they are closely linked across invoicing, expenditure receipts and maybe even staff.

Things to check:

• Accounts
• Payment types
• Devices
• Mobile Apps

7. Find an accountant

Once you have decided on your account you should ensure it automatically interfaces with your accountant and their preferred accounting package. This will save you much time and allow you to manage your money in real time from anywhere in the world.

Things to check:

• Accounting
• Payment types
• Mobile Apps

Best Mobile Payment Acceptance for business