Monday, December 24, 2012

TIPS60 - The real value of accepting credit cards from your clients

Here is another of our videos offering tips and inisights into the business of photography. a transcript of the video is included after the jump.

(Continued after the Jump)

TRANSCRIPT:Here are a few thoughts on the value taking credit cards. I'm John Harrington. We take credit cards from our clients because it makes their lives easier. It also allows for us to do business with certain companies. Some government contracts require a triple bid process unless the charge is on a credit card. That insures that oftentimes we'll get a job because they don't have to bid it out because they're not putting out a purchase order and writing a check for it. Making us a payment with a credit card. Credit cards are also great because if you're dealing with say, a consumer client, consumers are more likely to actually make a larger purchase when they're using a credit card than they will if they have to write you a check, or in fact hand you cash. So the value of a credit card is not to be underestimated. You can get credit cards from your bank where you do business with for a nominal monthly fee, next to nothing. You can also get them from clubs like Sam's Club or Costco where they offer credit card services for small businesses.

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