Few people carry cash these days. Your reasons for doing this will vary. Your business must be prepared to accept multiple forms of payment, such as credit cards, mobile payments via smartphones, and cash. It is safer for you and your customers if you are configured to accept the most recent and secure form of these payments.
Credit cards are fast and easy for your customers to use. For the provider, avoid manual deposits, bad checks and will reject insufficient funds. That is a dream come true for you as a business owner or even a large franchise company.
Accepting credit increases sales and can help reduce expenses through simpler reporting. A good business services company will have several plans to choose from. Whether you have a few sales per week or hundreds of sales per month, there is a plan for you. A good business services company should design its credit card processing program based on your monthly sales and the industry you are in. You can offer online shopping when you accept credit cards and other forms of digital payments like PayPal or Apple Pay. You can sell all over the world.
Choose an experienced business services company. Select several companies and evaluate each one. Do they fit all your needs? Check their customer service reviews. Make sure you understand your fees and other charges. Are they comparable to other companies? Once you’ve narrowed down your options, select three that you like the best and that offer everything you’re looking for.
Who is the owner of the company? Are you available to speak with him? Check their social networks. You can tell a lot about a business by your interactions on social media. Would you be proud to call that company or the owner your friend? Not everything on social media necessarily points to the character of a business owner, but it can often be determined whether kindness and honesty carry over through that person’s social and business life. Many large companies use social media before hiring new employees. But that is an option that is up to you.
You can also ask about their other satisfied customers. If you plan to be one, it is a good idea to find out what others are saying. Check out your local Chamber of Commerce, Google and BBB reviews, three great resources.
Once you find the right company that you are comfortable with, you can focus on other business tasks. You are now open for business!