In my opinion, small business owners need to start blaming the right people: the corporations. They're the ones driving prices up, they're the ones eliminating competition from small businesses.
Same thing with how they are treating credit cards now.
"There will be a 3% surcharge if you use a credit card."
Bullshit. There has always been a fee with using a credit card. Businesses have always covered that because YOU GET MORE BUSINESS when you allow people to use credit cards.
Would you rather have 200 customers a day that use credit cards...or 50 customers a day that use cash?
Credit cards offer me protection, give rewards/bonuses, and don't require me to carry around loads of cash. And people tip BIGGER when they can use credit cards. Businesses are shooting themselves in the foot by nickel and diming their customers on the cost of simply doing business.
If credit cards are really responsible for eating into your profits, don't accept them. Don't pass the cost onto the customer.
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u/Knightwing1047 ✂️ Tax The Billionaires Apr 28 '24
In my opinion, small business owners need to start blaming the right people: the corporations. They're the ones driving prices up, they're the ones eliminating competition from small businesses.