[Jewelry making - Article 00224] - Re: [Orchid] [BizTalk] Credit Card Dilemma

[MillsGem]

========[ Invite a Friend - http://www.ganoksin.com/invite.htm  ]========

Dear Virginia,

    Thanks a mil for your comprehensive overview of the credit card
    scenario. This is the kind of information that validates the utility
    of a special interest forum. We should all be indebted to you for
    your effort ! 

    I have only two reservations about your information.: No 1  It may be
    dangerous to make assumptions about individual markets using your
    averages. I do business in an area where the average income required
    to buy a home is over $100,000.00 per annum. These people do not
    play the game like others. Their cash managment options are a lot
    more varied. In many cases, these people do not need to use credit
    cards and when they do use them they typically pay them off before
    incurring any interest charges. Lately I have been kicking around
    the idea of getting rid of credit cards altogether.....the
    incidental fees can be daunting........which leads me to reservation
    No. 2 I have observed that my credit card processor has a list of
    incidental fixed charges that boost my cost of their services to an
    astronomical level during months when business is slow. I am in the
    process of doing an in depth analysis of what these charges are and
    how they affect my bottom line. I have been advised by some
    knowledgable people that dropping credit cards and going to debit
    transactions is the better way to go. Incidental charges are the
    buzz word of corporations nowadays....utility bills are a model of
    being nickled and dimed to death and so are credit card processors.(
    and the banks are not far behind !) Thanks again for a great bit of
    informing ! 

Ron MIls, Mills Gem Co. Los Osos, Ca.

____________________________________________________________________
T h e   O r c h i d   L i s t
Open Electronic Forum for Jewelry Manufacturing Methods and Procedures
____________________________________________________________________
Orchid FAQ:
~ http://www.ganoksin.com/orchid/faq.htm
Orchid Archives:
~ http://www.ganoksin.com/orchid/archive
Orchid Galleries:
~ http://www.ganoksin.com/orchid/gallery.htm
Invite a Friend:
~ http://www.ganoksin.com/invite.htm
____________________________________________________________________
Tips From The Jeweler's Bench - Article Archive
~ http://www.ganoksin.com/borisat/tip_sear.htm
The Jeweler's Selected Bibliography List
~ http://www.ganoksin.com/jewelry-books
Buy Orchid Jewelry:
~ http://www.ganoksin.com/shop
____________________________________________________________________
-Unsubscribe:
-Email: orchid-request AT ganoksin.com Body=unsubscribe subject=blank
____________________________________________________________________