DafyddElvy
1:22.5 & 15mm Scale Trams, , NG Steam Railways
I don't disagree with your philosophy, it does depend if someone wants to develop their business and an individual's business model.I guess it depends upon whether you want to grow the business through new customers or are happy serving your current customer base and picking up enough new business along the way to keep things ticking over.
The online payment system my wife uses for her music school business is 1.2% for card payments in person and 2.8% for online payments through the website.
I would think such costs are easy to absorb into a growing business model, with a small increase of 3% and possibly a similar discount for existing customers wishing to pay by BACs.
These days virtually all traders at shows will take cards, so failing to move with the times might be enough to sink some small traders, which would be a real shame.
I, like a lot of other small traders have a full time job and the small trader business is done more as a hobby, I'm not sure of KW Trams situation but their are quite a few like me. There are others with a small trader businesses who supplement their income by building models as a side line. Personally I enjoy having a monthly income and not having to think about money for next months bills.
My business model is very simple, don't put details of the whole range on the website and make the business a chore and make sure I sell enough over the year to cover the workshop costs, and finally the main purpose of the range is to provide folk with the bits I as a modeller would like.
David