Three large chalkboards were missing pieces and the cast iron holders were cast so badly that you couldn't fit a screw into them. Frustrated I decided to go downstairs in the mall to a coffee shop and get a good hot cup of java. When I entered the establishment, two young workers were busy chatting among themselves. I stood at the counter for what seemed like minutes while they chatted. Some of you may know that in order for a company to accept Mastercard, VISA, or other credit cards, you need to obtain a merchant account.
Most commercial banks can issue a merchant account.
Most banks charge a fortune to open one. Many won't even accept a new company. That's right, nothing here in the Capital District that had good rates or any interest in my new enterprise. One local bank said they wouldn't give me one because we were new, but if we came back to them in a year they would be happy to give us one. Don't hold you breath, I told them.