Take checks again like the old days confidently

| Saturday, September 3, 2011
By Wymetto Barnard


In the old days we all would take checks

Remember in the past small enterprise firms would take checks and never consider carefully about it. Trusting your neighbor was just part of conducting business. You never had to worry about the customer writing a bad check as the owner nearly always new the patron. Checks were as good as money back in the days and common money used to buy goods and services.

Ask to take checks?

Then there had been the period of time we had to ask the small enterprise if they took checks. Most companies still would take them but times were harder and that suggests to take checks would be taking a little risk if the check was good. Folks started writing bad checks; although not all consumers did it on purpose and would soon make the check good nonetheless it still caused friction between the owner and client. All is still good in checktown but you can feel times are on the point of changing again.

Their is a cost when you take checks and they bounce

The terms of taking checks now is out of control. Home business owners should not afford to raise the purchaser and pay the costs charged to them by the banks. Banks would let you take checks and just let the small company owner know that this was bad and had to collect the funds. Then the bank fees came into play as the bank started to understand this is extremely profitable helping the banks bottom line. To the business they just can not afford the cost anymore.

Up comes the signs saying we don't take checks

Take a look at all the small enterprise shops that have everything from plastic or paper signs saying we don't take checks any more. It is a sad time but that's the actuality. Now their are customer solutions to take checks for smaller enterprises. You can take a single check or up to 4 checks with the 90 day same as money programs. Risk is eliminated due to the electronic scanners that may read the magnetic ink on the routing numbers and can tell the bank if they have the funds and if they have been rebounding checks all over town.

Take checks once again using an organization that assumes the risk

Their are two companies out there that permits the shop owner to accept checks without any risk or recourse. Checks are coming back due to credit being tapped out on the cards they already own and can not get accepted when applying for new visa cards. Folks are also storing money do to these unknown financial times. By permitting a customer to spreading the price tag into 4 payments there is not any credit needed and the loan will be paid off in 90 days. The entrepreneur will get paid the whole total owed in 48 to 72 hours and never have to chase consumers down for bad checks. Not all corporations will pay the full amount so do your prpearation. Take checks again and never turn down business for purchasers who are having card trouble.




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