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If you plan on reading this to help you make a decision whether or not your small business should accept credit cards, read no further, because we don’t know either. This blog post is to express our indecision whether or not the All-American Fencing Academy, as a small business, should accept credit cards.

Let’s face it, I hate it when I go to a business that doesn’t accept credit cards. I feel so inconvenienced. I mean, c’mon, how hard is it to take credit cards? It will only benefit you! But, as a small business owner, I’m still struggling with the “will it benefit me”, as I am such a strong penny pincher. Yet still, the All-American Fencing Academy does not accept credit or debit cards as a form of payment.

Ok, first a little background about the All-American Fencing Academy if you aren’t already familiar with us (Why would you be?) or if you haven’t been following our accolades on Idea Café’s blog. The All-American Fencing Academy provides instruction and training for the Olympic sport of fencing. We have beginner classes, intermediate classes and a regular membership.

In terms of income, the majority of our income comes from new class registrations or continuing memberships, and they all pretty much during the first week of the month, then we a get a few stragglers during the next coming weeks. Basically, we’re not an impulse buy type of business. Our customers know they’re going to be paying $70 during the first week of the month, and for the most part, they are prepared when they come in during the first week of the month. Sometimes they forget to bring a checkbook, and they pay us when we see them next week. All is good.

Our payment types include check, money, and occasionally, we get a money order, and those have worked for us for the past 2 years. It just involves a little side trip to the bank at least once a week or every other week to deposit money. It’s not so bad unless you hit it right around lunch time when everyone in the world likes to bank.

Do our customers ask if we can take credit cards? Rarely. Has it ever come up before? Maybe once. Would customers use their credit card if they could, probably. It just makes it too easy for them.

So what’s the problem? We’re not cheerleading or karate, the All-American Fencing Academy doesn’t have mobs of people beating down our door

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Tags: Accept Credit, Accept Credit Cards, Cards, Credit Cards