Do You Really Know What You’re Paying for Credit Card Processing?
Understanding Your Credit Card Processing Rate Many business owners see a single percentage on their merchant statement and assume it is a fixed cost. Most statements are confusing, with multiple fees hidden in fine print. One business owner recently told us he saw “3%” and thought that was all he was paying. In reality, that […]
Smarter, Not Faster: A Lesson from Southwest Airlines
The Southwest Lesson: How Operational Efficiency Drives Business Growth Southwest Airlines was in the news recently, but many business owners do not know the story of what happened inside the company back in 1975. At the time, the airline was struggling. It operated only four planes, cash was tight, and the oil crisis had crushed […]