Posts Tagged ‘billing companies’

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 »

Learning What Triggers Buying Decisions Can Mean The Difference Between Failure And Success

Are you a white belt in sales? Learning what makes people buy will go a long way toward getting you out of the beginner's class in sales skills.

Do you know why people buy?

It seems like such a simple question, one that most people would glibly answer, “Because they want stuff.”

True, but that really merely scratches the surface. In truth, people buy for a multitude of reasons, but what triggers a consumer to make a buying decision…

Well, that’s a whole different story. And, if you can identify and leverage buying triggers, you can greatly increase your chances of growing and running a thriving martial arts school for years to come. Read the rest of this entry »

I really believe in using a six-week special during the summer, since it brings in a lot of extra income during those notoriously slow summer months. Now, I’ve heard some of the “experts” out there tell people not to run short-term summer specials because (they claim) you are losing long-term business by doing so.

Well, that’s not necessarily true. Here’s why: Read the rest of this entry »

One of the most common questions I receive from our
subscribers and readers is, “Which billing company is the best?” I’ve
had my favorites over the years, but I always hated the fact that I’d
end up paying 7 – 10% of my gross income just to get my own money.

Understandably, many school owners simply do not want to use a
billing company – and I respect that. So, what’s a studio owner to do
about their billing if they don’t outsource it?

Here are some alternatives to using a billing company that I
think are worth looking into: Read the rest of this entry »