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Daughter says
My 32 year old daughter asked me if these things come to
pass will her Beanie Babies go down in value? I didn’t have to heart to tell her…… |
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Like any other cash-involved business, a huge amount of restaurant cash sales go unreported for tax purposes.
Processing fees for a merchant-based credit card system shouldn't be more than 3% plus maybe a transaction fee of 20-50 cents. That's about a $1-1.50 on a $30 order. If they are paying more than that they are getting robbed by their processor. Quote:
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Leaf 1960 marbles are what you need come hard times. And second series marbles are the most valuable
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Eating out at the lower end has gotten expensive. I figure credit cards are an expense any retail sort of place just has to deal with. The Bike shop was cash only until I had the kid working weekends make notes on what went unbought because we didn't take cards. First day was $400, and we were a tiny place. The owner got a credit card deal a couple weeks later. We had a strange setup, I think we may have been the last lace with the old physical forms and slider. At the time it was weird, we were getting a worse deal than I had just by having Paypal, which I thught was high. And a monthly fee if we took no card payments that month. Once we got the modern card reader part of my job was to go in once a month during the winter and charge a soda to my card. Cost us more than the Coke, but saved the $35 fee.... Yeah, it was a weird place. |
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