Even in good times, it can be very problematic for small VARs to get into the "banking" business by extending credit to clients.
Make sure you get a completed credit application AND check the references.
Also be sure to get a substantial-sized deposit up-front.
And one commonly overlooked solution... you don't have to offer the same terms on high-profit services as you do on low-profit/no-profit product reselling.
Having a merchant account, so you can accept credit cards, does wonders to solve many of these problems.
The nearsighted call credit card fees a loss of 2-3%. The smart VARs call it a gain of 97-98%... 30-60 days sooner!
Sidekick: The Good News & the Bad News Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
- mburton325
Surviving Windows is easier than you think… MKS offers the power of an integrated all-in-one environment and provides you with the Power of UNIX on Windows Learn More
Brought to you by:
Free books
We have 5 copies of these two new books to give to some lucky readers. The deadline for entries is November 30, 2009.
AISO founders envisioned a Web hosting company that was environmentally friendly. While the company employed energy-efficient innovations like solar panels, its infrastructure produced unacceptable power and cooling requirements. Find out how AISO leveraged AMD technology to overcome their challenge in this case study white paper.
In this whitepaper, Scalar explores the opportunity to change the landscape with respect to mission critical databases
built around Oracle. Leveraging technologies such as Linux, high-end commodity processing power and Oracle RAC
technology to architect, design, build and maintain database infrastructure that delivers maximum availability, reliability
and performance at a fraction of traditional cost.
On a typical day, weather.com, the Web site for The Weather Channel in Atlanta, serves up between 15 million and 20 million page views. But in September 2004, when back-to-back hurricanes ransacked Florida, the peak traffic on one day more than tripled: over 70 million page views by more than 7 million unique visitors. Read the full success story now.
jfruh
pasmith
Esther Schindler
mikelgan
David Strom
sjvn
Sandra Henry-Stocker
Quick, practical advice for IT pros. Made fresh daily.
Look before you leap...
Even in good times, it can be very problematic for small VARs to get into the "banking" business by extending credit to clients.Make sure you get a completed credit application AND check the references.
Also be sure to get a substantial-sized deposit up-front.
And one commonly overlooked solution... you don't have to offer the same terms on high-profit services as you do on low-profit/no-profit product reselling.
Having a merchant account, so you can accept credit cards, does wonders to solve many of these problems.
The nearsighted call credit card fees a loss of 2-3%. The smart VARs call it a gain of 97-98%... 30-60 days sooner!