Business-ish question
09-17-2010, 02:54 PM
#22
Registered User
Join Date: Jul 2003
Location: San Francisco
Posts: 651
Likes: 0
Received 0 Likes
on
0 Posts
Those that bounced checks on you. Turn them in to the DA. They have a special office that deals with people who bounce checks. You should really look into accepting CC. With today's economy, you could find really good rates. Just shop around. Costco offers it too now.
09-17-2010, 05:50 PM
#23
Former Moderator
Originally Posted by madkimchi,Sep 17 2010, 05:07 PM
have you thought about getting a credit card chargeback? just as annoying as bouncing checks.
09-17-2010, 06:57 PM
#24
Registered User
Join Date: Feb 2005
Posts: 1,309
Likes: 0
Received 0 Likes
on
0 Posts
How much on average are you losing due to bad checks as a % of your total check sales?
Will taking credit cards bring you new business?
Will the extra business you bring in accepting credit cards off set the 3% you'll lose on your existing customer base who decide to use credit instead of cash or check
Will taking credit cards bring you new business?
Will the extra business you bring in accepting credit cards off set the 3% you'll lose on your existing customer base who decide to use credit instead of cash or check
09-17-2010, 06:59 PM
#25
Registered User
Thread Starter
Join Date: Mar 2006
Location: Bay Area
Posts: 17,670
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by zzziippyyy,Sep 17 2010, 02:14 PM
Free buff jobs you say?
Maybe that was their plan
Actually.. the two clients to which this has happened with both were very upfront about it.. no bad experiences. Just mistakes on their part.
But still.. I don't want to deal with it anymore. I'm going to e-mail poll my clients and see what their take on it is.
Saki, I'm pretty set on going with square.
09-17-2010, 07:01 PM
#26
Registered User
Thread Starter
Join Date: Mar 2006
Location: Bay Area
Posts: 17,670
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Malloric,Sep 17 2010, 07:57 PM
Are you losing more than 3% of your gross income from bounced checks?
Will taking credit cards bring you new business?
Will the extra business you bring in accepting credit cards off set the 3% you'll lose on your existing customer base who decide to use credit instead of cash or checks?
Will taking credit cards bring you new business?
Will the extra business you bring in accepting credit cards off set the 3% you'll lose on your existing customer base who decide to use credit instead of cash or checks?
)Also, based on what I charge for my service that I offer (as my business) the C/C fee would range from about $5-30... and if you're spending that much, I feel the extra $30 for the convenience is worth it... if it's not to the client, they can pay cash.
09-17-2010, 07:03 PM
#27
No need to poll your clients? Just have it as an option for payment. All it can do is bring in more business, not lose it.
Think about it. All your losing is 2-4% of the transaction, for a transaction you probably wouldn't have had before.
I don't see how businesses operate without taking CC's in 2010.
Think about it. All your losing is 2-4% of the transaction, for a transaction you probably wouldn't have had before.
I don't see how businesses operate without taking CC's in 2010.
09-17-2010, 07:05 PM
#28
Registered User
Thread Starter
Join Date: Mar 2006
Location: Bay Area
Posts: 17,670
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by whiteflash,Sep 17 2010, 08:03 PM
No need to poll your clients? Just have it as an option for payment. All it can do is bring in more business, not lose it.
Think about it. All your losing is 2-4% of the transaction, for a transaction you probably wouldn't have had before.
I don't see how businesses operate without taking CC's in 2010.
Think about it. All your losing is 2-4% of the transaction, for a transaction you probably wouldn't have had before.
I don't see how businesses operate without taking CC's in 2010.
And I will be charging them the fee, not me. If they don't want to pay the fee, they can pay cash. I feel that's fair.
09-20-2010, 02:02 PM
#29
Former Moderator
Originally Posted by espelirS2K,Sep 17 2010, 10:01 PM
I'm going to charge my clients an extra 3% in order to use this service. if they don't want to pay the 3%, they can pay me cash. I feel that's fair.. the idea is to make it convenient for them, and convenience comes at a price (ever wonder why places to live in metropolitan epicenters are so expensive? )
Also, based on what I charge for my service that I offer (as my business) the C/C fee would range from about $5-30... and if you're spending that much, I feel the extra $30 for the convenience is worth it... if it's not to the client, they can pay cash.
)Also, based on what I charge for my service that I offer (as my business) the C/C fee would range from about $5-30... and if you're spending that much, I feel the extra $30 for the convenience is worth it... if it's not to the client, they can pay cash.
