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We started using Merchant Cost Consulting earlier this year. These guys are former banking and credit card reps who go and negotiate your processing rates on your behalf. Now, like most of you, we are pretty aggressive about shopping our processing rate around, so I wasn't sure they would be able to save us much money. Boy, was I wrong.

On average they are saving us $600 per month. The deal is we split it 50/50 with them for so many months, after that all of the savings are ours to keep. Plus, they keep an eye on your fees during this time to make sure those @#$% credit card processors don't find a way to jack up your rate again.

They are good folks, and they actually do what they say they do. Actually, in our case, they under promised and over delivered. They estimated $500 per month in savings, and it's been closer to $600.

When you contact Patrick, please tell him that Donovan Bankhead sent you. This does two things:
1) They will pay me a slight referral commission,
2) You…
Recent posts

Ep 12: Pete Sides - Robert M. Sides Family Music Center. This episode is an MBA for School Dealers.

Topics include:Family business succession, college education for retail store owners, rental growth through aquisition and how to keep those new customers, finding road reps, the RTO changes in the 90s, the value of value brands, long range planning, and how to make the most of your NAMM show. Whew!

Listen by searching for Music Retail Podcast on your favorite podcast app, or you can listen on the web.

Episode 11: Sammy Ash - Sam Ash Music. What is it like to be the largest family owned music chain?

What a treat it was to get to talk with Sammy Ash about Sam Ash Music, his thoughts on the other national competitor, how he feels about vendors selling direct (here’s looking at you, Fender), and much more!
Listen by searching for Music Retail Podcast on your favorite podcast app, or you can listen on the web.

Now Through Midnight on 12/2 Save Up to 70% On These WhizBang Favorites!

I've been in retail for over 25 years and I wondered if I would learn anything to justify the expense of attending the WhizBang Retail Success Summit. Let me tell you, not only was it worth the price, I'm taking my leadership team this year! Now you can go too for only $297!

Would you like to get some great marketing ideas and also ask questions to build out your monthly marketing calendar? For only $297 per year you can join the WhizBang Marketing Club and talk with other smart retailers about marketing promotions that are making the register ring!

Are you running your business with a plan, or just a hope and a prayer? Want a store that serves your life rather than runs you ragged? Whether you feel overworked and overwhelmed almost all the time, hardly ever out of control, or fall anywhere in between, The Master Plan Advantage will help you become a happier, more confident business owner. Normally $997, get your plan together NOW for only $297!

WhizBang! 20th Anniversary Retail-A-Thon Starts September 3

WhizBang!'s 20th Anniversary Retail-a-Thon is a FREE, easy way to learn some new strategies and skills to grow your business!

Will Mason - Mason Music. Simple Ways to Motivate and Empower Your Team

Do you ever feel as if there’s a bottleneck at your store? Your staff is constantly coming to you with questions, complaints and concerns, and you start to develop “decision fatigue.” (It’s a real thing—look it up.) This is one of the biggest reasons businesses fail to grow. Don’t be the lid on your organization! In this presentation, Will Mason of Mason Music will cover four basic but incredibly effective techniques that will help you better train and empower your team to run the business for you. Mason leads a team of 60 people at four different locations, and he attributes his company’s growth to developing this team to lead. Discover how to step out of the daily grind and focus on the big picture, creating opportunity for long-term planning, goal setting and business growth.

Listen on your favorite podcast app, or on the web.