Posted by nick_niesen in Finance on October 29th Logan Cooke Youth Jersey , 2010

Most people these days expect to be able to pay with a credit card, whether they are at the local gas station or working with an independent service industry person who runs a business out of his or her home.

If you are a business owner who has been reluctant to accept credit cards in the past, you need to understand how important it is to accept credit cards and how it will help your business.

First off, people tend to think that businesses that don't accept credit cards are unprofessional. It's a silent message to your customers or clients that you don't take your business seriously enough to pay the application fee and other fees associated with payment processing through credit cards.

Further, customers might be annoyed by the fact that you don't accept credit cards. Most people don't carry cash anymore Ronnie Harrison Youth Jersey , and they might not always have a checkbook with them, but you can bet they always have a credit card, ATM card or check card in their wallet. Make it easier for your customers by accepting the payment method they always have on hand.

If you receive payments through invoicing clients, accepting credit cards is much more convenient and will save you time. Instead of having to type up an invoice, print it out Dante Fowler Jr Youth Jersey , mail it, wait for a check to arrive, drive to the bank and cash the check, all you have to do is run a credit card payment. If you add up the time and expense in terms of supplies and postage of billing in this way, you'll see that your merchant account fees are lower than the amount you spend to send invoices.

Another advantage for you when it comes to accepting credit cards is that it can help get some of your past due accounts cleared up. When people know they can use a credit card and still pay over time Dawuane Smoot Youth Jersey , they will choose that option and you'll get your money faster.

This gives your business a better profile because it means you have less bad debt on your accounts and a higher cash flow.

Even if a lot of the sales at your business are small, you'd be surprised how many people will charge $5 for a cup of coffee and a bagel or a sandwich and drink. Giving people the option to pay with a credit card is always a good idea, and it may actually increase your sales as people who never carry cash and hate to write checks will visit your business more often.

It pays to take the time to consider accepting credit cards. Weigh the costs of a merchant account against the amount your sales or cash flow might increase and you'll likely find the fees don't make credit card processing too expensive after all.

BERLIN, Aug. 1 (Xinhua) -- The Christian Democratic Union (CDU)and Free Democratic Party (FDP) have received the largest politicaldonations in Germany's ongoing election campaign so far, figuresreleased by the administrative offices of the Federal Parliament(Bundestag) showed Tuesday.

According to a Federal Parliament press release A. J. Cann Youth Jersey , the CDU hassecured 1.9 million euros in funds in donations amounting to morethan 50,000 euros, compared to 1.5 million euros for the FDP.

The figures for the FDP are particularly remarkable given thatit has not been represented in Federal Parliament since 2013. TheFDP achieved eight times as many large donations as the SocialDemocrats (SPD) and Green (Gruene) party who received one donationworth 100,000 euros each.

Both the Christian Social Union (CSU) and Left (Linke) partieshave failed to secure any large donations so far.

German law mandates that political parties must report donationsworth more than 50,000 euros immediately. The administrativeoffices of the Federal Parliament subsequently publish the names ofdonors.

In 2017 Yannick Ngakoue Youth Jersey , large political donors included some of the richestGermans and well-known corporations. The single highest donation ofmore than half a million euros was made by the internetentrepreneur Ralph Dommermuth to the CDU.

The German car industry, which is under intense internationalpressure for its role in the developing "dieselgate" and "cartel"corporate scandals, also showed generosity towards politicalparties.

The Quandt family, which owns the majority of shares of theBavarian carmaker BMW, donated 200 Dede Westbrook Youth Jersey ,000 euros in an even splitbetween the CDU and FDP. The Stuttgart-based carmaker Daimler,which owns the Mercedes-Benz brand among others, took a similarapproach. The SPD and CDU received 100,000 euros each from thecarmaker.

Smaller donations are also registered under the German electoralsystem if their combined volume is higher than 10,000 euros in agiven year. If several Cam Robinson Youth Jersey , rather than one single donation, are madeby the same individual totalling over 10,000 euros, parties mustregister the name and address of the donor which is eventuallypublished. Donations of up to 1,000 euros can be made in cash.

When German parties fail to act in accordance with theseregulations they can be fined up to three times the amount offalsely declared or undeclared donations. (1 euro=1.18 U.S.dollars) Enditem

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