Small Business Idea with Life Coaching

Nov 25, 2014

Have you felt confused and unsure which way to turn in your life, undecided about a career choice? Then you might have turned to a life coach to help give you some guidance in your decisions.

These highly qualified individuals have taken the step to help others with what they want to achieve in their lives. The business of a life coach is to help others and you can have an emotional bond with your client.

You must be a person who enjoys talking and putting the needs of others before themselves, no matter the problems you face in your own personal life.

It is important to understand the running of a business, there are more jobs to do that aren’t strictly part of the life coach, but is important if you want a successful business. You have to take on the role of office administrator, advertising and even the bookkeeping department. You will need to apply for a life coaching merchant account; this will allow you to take payment from your clients. Giving them the options on how they want to pay for your services is important.

Applying for the right merchant account is just as important as finding the clients to work with. You will need to consider a high-risk provider as your business will be high risk and this means that a high street bank won’t offer you the facilities that you will need.

Therefore, if you have the commitment to dedicate to the training required to be a life coach, have the personality that fits with helping others achieve their dreams, then this might be the career path for you. However, be warned there is considerable hard work and study before you start earning even the slightest of income. You need to want to become a life coach before committing to the potential of a very high earning career choice, but it is not an easy option.

Let us help you get a high risk merchant account today!

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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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