King Arthur had the sword of Excalibur; Harry Potter had the sword of Gryffindor; and Bilbo Baggins had Sting. All three of these fictional characters needed their fictional weapons in order to become the heroes of their respective stories; and both you and your children can become the hero of your own stories by using the weapon at your disposal: modern day technology. If you’ve found yourself, of late, having a bit of a financial nightmare with your business, then fear no more because you can turn it into a dream; and if you want to teach your children about how to never get into such a situation: here are just a few technology services and tips that you can wield in order to save your business’s story from finishing before it’s even had the chance to reach it’s full potential, and maybe even pass on to your children to make them want to start their own.
First of all, merchant services are pivota. A type of bank account that allows businesses to accept payments in multiple ways (typically debit or credit cards). With the pace of change in the UK payment market, for example, showing that over the past five years the debit card has proved itself as not only being the generally preferred method of payment in regards to frequency, but also the one that holds the most value in terms of total amount, it is paramount that if you haven’t done already, you utilise such a service. Not only will it save you from making those dreaded trips to the bank for bags of change, but it may save and even bring you custom. For example, a prospective customer may automatically think that you have technology driven payment facilities, such as a credit card reader, and subsequently not think to bring any notes or spare shrapnel with them. If they were to do so and then turn up at your till to find that they in fact couldn’t pay for their chosen products in one foul swoop of their debit card they may become annoyed, leave and never return to your business: losing you both a potential customer in the future and also their custom now.
Secondly, using electronic receipts or invoices is both easy to do and environmentally friendly. Most importantly for you, however: they help your business save money. By having electronic receipts instead of physical, paper ones you can completely cut out the use of any printing facilities, meaning either you can buy more paper for other things, or get rid of it altogether. Also, quite sneakily but not illegally, you obtain instant access to a prospective customer’s email address of which you can contact in the future if ever you offer a product that they may be interested in. Here are five apps that help you with the managing of the receipts.
So whether it’s you that needs the help with your dream, or you wanting to make sure that your children’s business dreams can come true, make sure to remember that technology is our friend!