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tip $4 on my $16 cut

found a great value place. looks just as good as what I used to pay $35 for in chicago

I have an atm I walk to before I get my hair cut.

Paying small businesses in cash to save them the fee and allow them to not claim it is pretty huge.

Pretty sure a not insignificant % of small businesses I like (ethnic cafes, barbershop, etc) would be out of business if they were forced to take 100% card.

lol, no they wouldn't. you seriously think these places are operating on razor thin margins like amazon or something? 3% of a small barbershop is going to be $20/day or less. you think they are closing their doors over that?

How much net profit do you think a small barbershop makes daily?

$5 per person more than before

i just shave my head

its free after the initial cost of buying top of the line equipment and blades

i don't tip myself

Lol u

i don't shave it completely bald or have bald spots

i use #1 blade on head and beard

when i start going bald i'll grow it out and pay a lot of money to get a fancy haircut to cover it up like you guys

I don't think you understood what I said at all, tbh.

They stay in business because they avoid paying taxes because they deal in cash.

i don't? are you not saying that a % of the small businesses you like would be out of business if they were forced to give up ~3% of their revenue for 100% CC transactions?

i just was thinking a typical barbershop since thats what we're talking about. Seems like some place like that doing < $1k/day in sales cutting hair is not going to close down shop over $20-30/day in fees. That said it definitely hurts their bottom line but i have to figure they would lose that much in customers if they were truely cash only.

You bolded the wrong part, see bware's post.

It obviously isn't a 100% guarantee they would shut down, and you do get people like Nick's Roast Beef who skim millions (and are about to sentenced to fraud and have to pay back $2M), but especially in areas where the cost of rent is skyrocketing, it is way harder for smaller niche places to make it.

If they can't afford to pay proper taxes then that's their fault. They should obviously be paying taxes on the profits no matter how they are paid so cash vs. card shouldn't matter there. If paying by card helps combat tax fraud then that's a positive.

Lol cdl.

I use cc for most things since I'm a points slut but have never paid for a haircut with anything other than cash. Can't imagine the look on their faces if I even tried

What do all your wives/GFs pay for hair care?

So my parents asked me to help grow my fathers small welding business and I've been spinning my wheels for the last few weeks trying to create a plan. I've worked a lot of positions, from helper grunt to doing office manager/secretary **** to crafting bids so I understand the ins and outs of labor and payments received. But I have no clue how to create business, improve our advertising/online appearance or really anything wrt improving an existing rinky dink operation. Anyone got ideas? And feel free to make other suggestions that I didn't specifically ask for.

A little info, the only advertising they do is lolyellow pages online service for around $400 month, apparently YP also drive up our local "google ranking". Currently employs 2 welders full time w a revolving door of ~5 part time helpers/manual laborers w around 150k in business a year but could easily support 300-400k yearly w no added workers or costs so small but quick growth isn't to be worried about.

Restraints on this mission are numerous and somewhat self-imposed. The family refuses to take on much debt, philosophically opposed to it, and loathes the idea of investing into the business though I think there's some leeway here. The company carries all basic insurance but is not bonded so we are blocked from large jobs, which to me means we have to win the war thru quantity of work instead of 2-3 large jobs a year.

I've done a few things since I started helping a few weeks back. Stopping at active construction sites and giving our card and info to project managers and the workers who might need welders/iron workers. Using my free time making bids that other general contractors send, unsolicited, to like 10 similar welding businesses looking for the best price of the group.

Like I said suggestions are welcome as are other resources I could study or look at.

Signed Hapless in Houston

Hire someone that knows what they are doing.

Buy out your dad. Hire Larry for SEO.

+1

I do this but with #3. Looks fine and is easy. Lol, "top of the line equipment".

Post on reddit, I suppose. r/smallbusiness or some such.

Do people get welders from Angie's List?

http://fitsmallbusiness.com/how-to-use-angies-list/

I would imagine almost all your work is commercial, and not residential. But I dunno.