How much will you pay in Stripe transaction fees?

Calculating Stripe fees for customer payments is easy with our calculator. Enter the payment amount to calculate Stripe's transaction fees and what you should charge to receive the full amount.

Payment Amount
Stripe fee:
\$ --
\$ --
To take home \$--, you should ask for:
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How much will you pay in Square fees?

Calculate how much you’ll pay in Square fees for online, in-person, and manually-entered payments.

Payment Amount
Square fees
In-person payments
i
For in-person payments with a card, Square charges a fee of 2.6% + \$0.10 per transaction.
\$ --
\$ --
Manually-entered payments
i
For manually-entered payments or card-on-file payments, Square charges a fee of 3.5% + \$0.15 per transaction.
\$ --
\$ --
Online payments
i
For online payments or payments via invoice, Square charges a fee of 2.9% + \$0.30 per transaction. (If you're signed up for the Premium plan, the percentage fee is lower at 2.6%.)
\$ --
\$ --
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If you borrow -- over -- at an interest rate of --, you will pay a total amount of --, or -- per month.
Minimum monthly payment:
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Average monthly interest:
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Total interest paid:
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Total amount paid:
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How much will you pay in PayPal fees?

PayPal fees can be confusing. Our calculator helps you understand how much you’ll pay in fees for common transaction methods.

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PayPal fee:
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\$ 0.00
To take home --, ask for:
\$ 0.00
D

### 1. What Do I Need to Get Started With My Small Business?

There is some groundwork you need to do before learning the legalities of launching a small business. Most businesses start with three or four main elements: an idea, a business plan, financial backing, and proper legal representation (optional).

Let's break these down:

• Idea: This element defines how you're going to connect with customers to bring in revenue.
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• Business Plan: A business plan defines what you plan to do and how you plan to do it. It is a formal document that details your goals, the methods you will use to reach these goals, and the timeframes for achieving them.
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• Financial Backing: Everyone knows you need to spend money to make money. Knowing how you're going to fund your expenses is an integral element of running a business.
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• Legal Representation: It helps to have an attorney or legal expert on board to help you avoid common business pitfalls.

Once you've figured out these four elements for your small business, you're moving in the right direction.

### 5. What Business Structure Do I Need?

If this is your first time starting a company, it may not be immediately obvious what the right business structure for you is. Different structures apply to different types of businesses and goals. Let's look at some of the most common business structures:

• Sole Proprietorship: In this type of business, you are the sole owner. You are entitled to all the profits, and you are responsible for all your company’s debts, liabilities, and losses. A sole proprietorship is a common business model for freelancers.
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• General Partnership: This one is the same as a sole proprietorship, but with two or more individuals as owners. Any partner can be held legally responsible for liabilities in this case.
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• C-Corporation: With a C-corp, the owners are separate from the business, limiting their liability. They include a group of shareholders who each own a piece of the company.
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• Limited Liability Company (LLC): An LLC is a hybrid between a sole proprietorship and a C-corp. Owners don't risk their personal assets if the business fails to meet its financial obligations. How much they've invested in the company affects how much they accrue in losses.
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• Limited Partnership (LP): A partnership in which a general partner oversees funding and investing partners. These partners can enjoy the cash flow of the partnership, but are not liable for company obligations.
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• Non-Profit Organization: An entity that does not bring in profit. Instead, it promotes a social cause and provides a benefit to the public.

It's worth noting that there are different tax laws for each of these types of companies. Plus, there are both federal laws and state ones you will need to take into account when filing your taxes.

### 6. What Are My Organization's Bylaws?

An experienced lawyer can help you figure out your company's bylaws. This process can be a tedious one, but an important one. Bylaws add structure to how you and the management staff run the business. Some of the most common items included in an organization's bylaws include:

• Rules for company meetings: How frequently should we have meetings? What laws do these meetings follow? What type of notice should employees get for these meetings?
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• Specifications for a board of directors: How many members will it have? What does the nominating committee do? If there are board vacancies, what should the business do?
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• Determining committees: Which committees should your company have? Who is the head of each committee? How is this decided?
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• Managing finances: What is the budget and how often is it revised? When does the fiscal year close? How frequently is the business audited?