Paper Checks Cost about 6 Times More
8 ways to build trust before -- and after -- the sale
"Other than having something of value to offer, trust is the most essential element for business success," writes Tom Pick. Pick gives tips on building relationships before and after you make a sale, including how to differentiate yourself without disparaging your competition and the importance of being honest and forthright. Webbiquity.com (6/6)
Paper checks cost about 6 times more than direct deposit
About half of small businesses don't use direct deposit to pay employees and vendors -- an oversight that could cost thousands of dollars a year, according to research from NACHA -- The Electronic Payments Association. Total average cost for a direct deposit is 35 cents, while it costs up to $2 to cut and process a paper check, NACHA found. GrowSmartBusiness.com (6/6)
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