Do you have services or business providers that you want to change but you worry that your current provider will make this difficult? If another company is offering you a great deal and comes highly recommended by several sources, don’t let your current company push you around while making the switch.
Matthew Focht, president of Tru®, a consulting company that negotiates credit card processing rates for jewelers, says to be wary of tactics used by companies who want to keep your business, even if you feel forced into the decision.
He suggests using the following tips to avoid getting stuck with a difficult service provider:
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Among the lessons learned from the downturn is that saving money can be equally important to increasing revenue. In looking to cut costs, jewelers must be creative -- and careful. If you are considering switching to a new service provider, like that for credit card processing, do your research before you leap into what looks like a great cost-cutting deal
According to Matthew Focht, president of Tru -- a consulting firm specializing in payment processing -- it is important to take a few precautionary measures to insure that the great deal you are promised is what you will get.
Use these simple steps to negotiate the best rates on services, like processing fees:
Continue reading "Research Before You Lower Your Processing Costs" »