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Teach Soap • View topic - Cash (and Check?) - follow on to price/tax question

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PostPosted: Wed Jul 01, 2009 11:36 am 
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Joined: Tue Mar 31, 2009 8:15 pm
Posts: 218
Location: Berkeley, Ca.
Thanks all who responded to my initial question. I'm *so* thankful for this community to offer up thier advice. It's been wonderful. Now that it's appearing I am going with option 2 from my first question on price/taxes - I have a followin question ...

I am not going to be setup for credit (I'm okay about that for this fair) - but will take cash.

Should I consider also taking checks? And if so if I put that in
my signage (*Cash and Checks accepted *) - should I be asking for an id if someone does prepare to write a check? Or just be a trusting vendor?

Thanks
Hilary

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PostPosted: Wed Jul 01, 2009 12:40 pm 
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Joined: Tue Feb 19, 2008 6:41 pm
Posts: 497
Location: long island, ny
i'd get ID if you except checks. also, if your business name is not filed with your local government, and a checking account set up with that name, (you cant have the account with out the business name) you will not be able to deposit checks made out to your company. you will have to have them make the checks out to cash. some people may not like to do that. (i've learned that the hard way :shock: )...

at least that's how it's set up in the state of New York. other places may be more easy going. i'd check it out.

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PostPosted: Wed Jul 01, 2009 1:34 pm 
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Posts: 218
Location: Berkeley, Ca.
Thanks Dragonlady0627. I should clarify to all that I do have a DBA (A Slice of Delight :D ) and I have the business banking account in place.

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PostPosted: Wed Jul 01, 2009 10:27 pm 
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Location: Mistress Of Lather
I prefer not to take checks, but I will take them if they don't have a credit card.

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