Tag Archives: business

Best POS System For Personal Trainers?

What is the Best POS System For Personal Trainers?

Personal trainers are often independent or self-employed individuals that train with clients at multiple gyms, parks, and health centers. The nature of the work is unique, and so are the needs of the customers when it comes to payment processing. The best POS system for trainers and their clients will be different depending on the trainer. However, it’s certain that a variety of payment options should be available, and that the terminal should be just as trim as the trainer to keep up with the busy pace of a fitness business.

Here are a few suggestions to get you pointed in the right direction:

Always On the Go

Personal trainers may take payments at the gym, but they may also take them at the beach, or on a mountain. For personal trainers, the best POS solutions are usually wireless ones. Wireless payment processing does not require a phone or Internet connection to communicate with an acceptor.

Wireless POS terminals give trainers the freedom to take payments with devices small enough to take anywhere. Wireless credit card machines use radio towers to transmit payment requests for debit card, credit cards, and many support new chip technology.

Security Features Anywhere

Trainers may not consider payment security first when researching payment solutions, but security should be a priority for every business owner, no matter the business.

Wireless POS terminals offer the same security features that stationary POS systems offer. Be sure your service provider follows PCI DSS regulations, which includes encryption processes.

Your clients trust you to take care of their bodies and minds, be sure you take care of their personal information.

Software Support

In addition to taking payments anywhere, trainers may also benefit from software solutions that streamline payment processing.

For example, trainers that teach a weekly class may enjoy automated payment processing for regular clients. This helps build a better customer experience, and limits the time needed to collect payments.

If you’re a personal trainer, don’t wait to make payment processing a priority. Use the tips above to get started today!

Why a strong dollar is bad news for America

A strong dollar is bad news for America, as it threatens jobs like this dude's automaking position ... photo by CC user Carol M. Highsmith at loc.gov

For the past decade, the running narrative has been that Europe has been a powerhouse on the currency front due to its wise jurisprudence with regards to its economy (a few hiccups with regards to Ireland, Greece and Spain notwithstanding) , and America has been the empire on the precipice of perpetual decline, as it was reflected with the weakened state of the dollar during that period of time.

However, the strong recovery of the USA in the past couple of years has led to a rapid revaluation of the American Dollar, while the continued foundering of many economies in Europe have led to the slow and steady decline of the Euro.

This trend that has recently been kicked into overdrive by the European Central Bank’s decision to finally open the taps of quantitative easing after resisting it for seven long years after the major economic collapse that the world suffered in 2008, furthering the perception that Europe is now firmly in the tank for the foreseeable future.

Many have crowed over Europe’s current predicament even as our fortunes have risen, but there are plenty of reasons to be wary over this turn of events. Here is why we believe that the strong dollar is bad news for America…

Advantage: European manufacturers

While the uninformed observer might think that the deliberate tanking of the Euro by the bank that issues it is a bad thing, the decrease in its value has suddenly made the price of every product made there cheaper than many other places in the developed world.

When this is combined with the strengthening of the American Dollar (which makes many products that are made here at home more expensive), many buyers of our goods are suddenly looking across the pond to see if there are better deals to be had in the Old World, which is all round bad news for smaller operation that don’t possess the cash reserves to ride out tidal shifts in business.

Entire manufacturing companies are moving shop to places like the Balkans to save cash

In today’s globalized world, massive corporations and mom and pop companies alike have the ability to seek out assembly lines anywhere on the planet. The recent dramatic shift in monetary policy has led some savvy entrepreneurs to seek out skilled workers in places like the Balkans and Central Europe, where their services can be had for as little as $1000 per month.

With new operations setting up overseas in this manner, it is only a matter of time before older, more established companies with an eye on expansion will take advantage of this major opportunity in currency arbitrage, leaving ever more American workers in manufacturing out of a job.

New York City, New Orleans and the Grand Canyon just got much pricier

Not for us, mind you. With a strong dollar making many imports cheaper, and the recent upswing in jobs making many Americans more confident, average members of the public won’t be able to perceive the suffering that many in the tourism industry may begin to suffer as soon as this summer.

With the rapid increase in the value of the dollar, and the decline in the euro, many popular tourist attractions that Europeans flock to see each season are now 15 to 20% more expensive over this time last year.

With no more discounts to be had like they were in the dark days of the Great Recession, many Europeans may elect to stick closer to home this year, leaving many tourism operators scrambling to cover the coming shortfall in business in the months ahead.