Posts Tagged ‘Billing Accounts’

Life As A New Martial Art School Owner

"What the heck is that on the floor? Seriously, I thought I cleaned and mopped before I left last night!"

Being a new business owner is scary, mysterious, and exciting all at once. On the one hand, starting your new business represents an exciting new adventure, as well as the potential for financial freedom and getting to do what you love for a living.

On the other hand, not knowing what to expect can work on your nerves and make your first few months that much more difficult. Starting a martial art school is stressful enough; the last thing you need is additional stress based on uncertainty.

In addition, you may have unrealistic expectations that can later work against you when life as a school owner doesn’t turn out to be the smooth trip you thought it would be.

So, I thought I’d quickly share the following with you… Read the rest of this entry »

Save Money Doing Your Own Electronic Billing -  It’s A Cinch With New Technologies

Did you know you can do your own martial arts billing electronically in-house? Here's how...

It used be that here in the States, most martial arts schools would use a martial arts billing company to collect payments for them.

The student made their first payment at the school, and the billing company took over after that, collecting payments by mail, credit card, or electronic funds transfer (EFT/ACH).

This seemed like a great deal… Except for the fact that martial arts billing companies charged martial arts school owners 5 or 10 times more in our industry than businesses were paying for billing services in other comparable industries.

New Technology Creates A Power Shift In The Martial Arts Billing Industry

Once school owners started wising up, they began looking for alternatives to expensive martial arts billing companies. Some of us started using the same companies that businesses in other industries (fitness, for example) used.

I did this for a while, then I figured out that with advances in credit card and checking account billing technology, I could easily do the same thing myself using a merchant credit card acceptance account and an online payment gateway. Read the rest of this entry »