Most successful building materials owners and managers would say that running their business requires a balance of both art and science, especially as we emerge from the recession.
In anticipation of the Build Expo at the Kay Bailey Hutchison Convention Center in Dallas this February 4 & 5, probably the single most important thing you will need to maximize your 2015 opportunities won’t be on display.
This weekend, we lose an hour. That's right, this time of year, the spring version of Daylight Savings Time kicks in and steals an hour of our time. While most of us appreciate the extra sunshine at the end of the work day, Daylight Savings Time won't be giving us that hour back until November. And time is money, isn't it? With that in mind, now is a good time to look for ways to save time on our business tasks, especially when it comes to check payment processing.
It's that time of year. Just as we start dusting off the Halloween decorations and ordering the heritage turkey, the forecasts for holiday retail sales start rolling in. Holiday sales this year are predicted to increase and many of the big retailers are putting in plans and setting up programs to make sure they capture the dollars. Cyber Monday is getting even more attention than Black Friday, and new electronics are sure to be a hit. With all this going on, how do you compete for your slice of the holiday pie?
While the emergence of online shopping revolutionized the retail world and continues to evolve at a rapid pace, millions of consumers still prefer to shop with retailers offline. One of the factors that gives offline retailers a competitive advantage is their relatively diverse range of payment options, which include cash, credit cards, check acceptance and others. As part of a multi-channel strategy that integrates both virtual and physical shopping opportunities, retailers stand to gain a great deal by offering as many different payment options as possible.
Not sure if you need a check guarantee service? Consider this... a $1,000 bad check can mean you'll need an additional $10,000 in sales to make up the impact to your net profit if you operate at a 10% margin. Maybe you have a 8% profit margin and have a check loss of $10,000 - that means you'll need a whopping $125,000 in sales to make up the lost amount!
Home furnishing businesses have rebounded very well the past few years. Part of this recovery effort can be attributed to them continuing to accept check payments, which appeal to a wide variety of customers. Check payment solutions encourage check payments, which remain a convenient option for customers. Meanwhile, check services increase merchant’s sales and reduce risk. In the end these services help the industry grow, open new stores and hire more employees.
CrossCheck, Inc. will be attending the Lumbermens Merchandising Corporation's 2012 Annual Conference on March 7-9, 2012 in Ft. Worth, Texas at booth 429.
It’s not uncommon to call a pizzeria and request delivery. For many pizza restaurants a majority of their business is shuttled off to customers’ homes and offices. Now a variety of restaurants, grocery stores, and gift shops have made delivery of items an important part of their marketing strategy and they've seen a boost in sales. In tough economic times, taking your products and services to the customer can be an easy way to increase margins and gain loyalty.