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Old 10-12-2012, 11:57 PM
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JimLewis JimLewis is offline
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Join Date: Dec 1999
Location: Beaverton, OR
Posts: 6,281
Quote:
Originally Posted by corey4671 View Post
....I get very few checks anymore since I started accepting credit cards.
Yah, but then now you are losing 2-4% on every transaction. We take credit cards. Have for a long time. But we always offer a "cash discount" for people who pay by check. I'd rather have the money today and I'd rather not have to lose 3%. If you add it up, 2.5% or 3% can add up to a lot. If most of your customers pay by credit card and you did say $200,000 a year in business, that's $5,000-$6,000 a year you're giving up. That's a friggin' trip to Hawaii or the Bahamas! I don't know about you, but I don't like giving away that kind of money.

Credit cards have their place. But you gotta understand that they cost you big $$ too to take them. Me, I try to minimize the amount of credit cards we take.
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Jim Lewis
Lewis Landscape Services - Oregon
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