Cleaners ProfitMaker News

Welcome to Cleaners Profitmaker news. We will share what's up here at Profitmaker and other tidbits that might help a dry cleaner get thru the day with a smile.

The big move - 12/01/2016

We are in the process of moving Cleaners ProfitMaker main HQ to Nevada to take advantage of their favorable tax laws. We save, you save I always say.

Quit bugging me about card processing - 11/01/2016

You probably get a call everyday from someone wanting you to switch to their card processing provider. We get those same calls. There are hundreds of processing companies wanting that commission you pay each month to your processor.

Keep these things in mind when it comes to card processing.
  • Visa and Mastercard base rates start at aound 1.6%. That's their share, and how they make money.
  • Every company has a middle man who gets a commission which is the amount over that 1.6%.
  • What do YOU get for that commission you pay them?
  • Do they help you with your computer issues?
  • Do they lock you into a 2,3 year contract? Why is that necessary?

Keep this in mind. Any salesman who says your rate will be 1.6%, or something near that, is not being honest with you. Unless of course they don't want to make their commission - not likely.

Why is a 2 or 3 year contract necessary? It's so you don't have a choice. Yes, they might give you a "free" terminal but how much will it cost you over the length of the contract. Details you need to know.

Oh well, I could go on and on about the nasty part of the credit card world but, you have to get back to cleaning clothes.