You will agree with me that nothing is more frustrating than running a failing business. Where your expenses is more than your profit. it is not that the business is bad, it is just that you are doing it the wrong way.
here are 3 reasons your POS business is failing now
- You are not auditing your account properly: The number one thing you have to focus your energy on while doing the POS business is account auditing. you have to check if your POS company/bank credit all your approved transactions. you have to check if employees is not stealing from you by checking their account every day and check and check and check…
- You don’t have enough funds to run the business: too much money in this business can be dangerous so is too little money. but most people don’t have the opportunity or knowledge on how to get more money than they have to run the POS business. if you are guilty of this and you want to learn how to raise more money to run your business without going into debt, join my online class. where I take you through the step by step process of raising money to run your POS business
- You are not serving your customers well enough: this can be due to lack of funds or network stability of your POS service company/bank. or due to the speed, you process transactions for customers. customers like fast transactions, they want their money and they want it now.