Sperity Real Estate Ventures

  • Home
  • Services
  • Our Team
  • Blog
  • For Lease
    • Office
    • Religious Use
    • Residential
    • Restaurant
    • Retail
  • For Sale
    • Real Estate
    • Business
  • Contact Us

July 14, 2007 by Nathan Hughes

Should Service Businesses Accept Credit Cards?

You can use a card pretty much anywhere these days, but there are some professions/industries where the message hasn’t really taken hold.  It’s not that they are behind the times, but more that it’s just not common practice and most of the practicioners have not seen a reason to change.

When you’re getting paid pretty regularly by customers, the thought of accepting credit cards can seem like a real pain and just not worth the trouble (or the fees).

Small Business Trends makes a good point in a recent post as to why service professionals may want to re-evaluate their stance on this policy of not accepting credit card payments.  If you consistently have Accounts Receivable that stay out 90+ days, why not nip that in the bud?  Get an agreement up front (as part of the initial paperwork) that authorizes you to use their credit card in the case that a bill is 30 days or more outstanding.

In order to do this, however, your billing procedure and your procedure for posting payments must be very well managed.  Nothing would make me hotter than to have a bill that I didn’t authorize all of a sudden show up on my credit card.

Food for thought, though.  Sometimes the best ideas are those that make you smack your forehead when you finally have the AHA! moment.

Filed Under: General

Receive Updates from Sperity

Browse Properties

  • Properties For Lease
  • Properties For Sale

Testimonials

“Instead of finding a big ticket location, Sperity listened to my needs and found what I was looking for. I was never waiting on them for anything. They handled both parts of the transaction, which was incredible.”

– Doug Mays, TSI Promotionals

 

“As a Muslim business, I really liked that he has a lot of ties in the religious community. He’s very involved with helping churches and community based programs find buildings.”

– Ashley M., Boastful Beauty

 

“I have looked at many businesses over the last few years and I want you to know that I appreciate your promptness, and especially appreciate the time you put into the package/presentation of your client’s business.  Very professional and well organized!”

-Francis C.

“[We have] the utmost respect for what they do. They always made us feel like they knew our priorities. They were very clear about getting down to the nuts and bolts of what our needs were.”

– J. Medaries, Spacebomb

 

Recent Posts

  • What Are Business Buyers Buying?
  • How to Maintain the Value of Your Commercial Property
  • The Challenges of Owning Multiple Commercial Properties
  • Is now the right time to sell your commercial real estate?
  • Expanding Estate Sales with Myk-Beth’s
  • Inside Out: How restaurants are restructuring their spaces during the pandemic.
  • What Are the Benefits of Commercial Real Estate?

Sperity

Sperity is a coined term, a combination of Inspire, Prosperity, and Integrity. We strive to bring all of those aspects to every interaction that we have, whether it is with a client, a customer, a competitor, or with anyone else.

We are a commercial real estate and business brokerage firm that works under a different model than anything else we've seen in the field. With the emphasis on treating our employees as a team, we incentivize excellent customer service and making sure that the whole company is working on every deal that we take on.


Learn More

Site Managed By Big Spoon Co. | PR & Marketing Agency

RECEIVE UPDATES FROM SPERITY

SPERITY REAL ESTATE VENTURES

Address:  215 East Grace Street, Suite 100, Richmond, VA 23219

Office: (804) 464-3898

Email us

© 2020 ALL RIGHTS RESERVED

Copyright © 2022 · Powered by 29doors

Copyright © 2022 · Executive Pro Theme on Genesis Framework · WordPress · Log in