To run a dance studio smoothly, first of all, you need a passion for dance. But is that it? Do you think your business will be in profit with this passion alone? Never! You need savvy financial management, too. There may be so many payment challenges in your way that you have to overcome for managing your payments efficiently.
First, let’s discuss the payment challenges encountered by dance studios when using the most common payment method,traditional checks.
Checks have always been a reliable method for making payments. But now, traditional checks are becoming outdated because of their various limitations. The first among them is the time it takes to deliver your payments. As far as a dance studio is concerned, there may be multiple suppliers. Paying each of these suppliers on timeis equally important as receiving payments from your clients. When you rely on traditional checks for making these payments,you are wasting your time as well as your supplier’s.
The main reason why making payments via checks takes a lot of time is that it involves multiple steps, from ordering checks, then writing details on them manually, labelingthem, and finally going to the post office and waiting over there for mailing. For dance studio owners, finding time to do these many processes all by themselves is challenging.
You might be thinking of hiring an employee for this purpose. But don’t you think paying an employee just for this purpose is not worth it? Why hire somebody for mailing checks when cloud-based platforms like Zil Money can automate your entire check mailing process?
Automate Your Check Mailing Process
With cloud-based platforms like Zil Money, you can easily automate your check mailing process. The entire check mailing process from your end will be done by these platforms within minutes. They will print your checks, label them, envelope them, and send them via mail on your behalf. The time taken for your payment to reach your payees will depend on the mailing option chosen by you.
For fast delivery, you have options like FedEx Overnight US and FedEx Overnight Canada, which send your check within the next business day, respectively, to the US and Canada.Then there are options like USPS priority mail and USPS express mail, which sends your checks within one to three business days and two business days. For not-so-urgent payments, you have low-cost solutions like first-class mailing,which delivers your checks within one to five business days. This mailing feature is available with and without a tracking facility.
With these cloudplatforms, you also have a solution for manual data entry on checks. Platforms like these can be easily integrated with your accounting software, which allows you to directly import checks. After importation, you even have the option to customize your checks. You can add anything that you think will give your check a professional look. A dance studio owner can add all relevant background images, like a person dancing, the studio logo, or anything else that can bring identity.
Print Checks with The Most Convenience and Speed
What makes cloud-based platforms like Zil Money special is that with these platforms, you don’t have to order expensive pre-printed checks. These platforms will let you print your checks from anywhere and everywhere you like. For printing, you don’t have to worry about buying extra equipment as these platformsallow you to print checks using a regular printer at your home or office. You may print your checks on blank stock papers,which is 80% cheaper than ordering pre-printed checks.
Another benefit of printing checks on your own rather than ordering pre-printed checks is that you don’t have to buy and stock the checks before they are needed. With the ability to print checks, you only have to deal with the checks the moment you need them. You don’t need to worry about storing them safely or about running out of checks at critical times.
Send You Checks Digitally
As mentioned earlier, a dance studio may have many suppliers. There may be suppliers who wish to receive payments instantly. For them, you can use the eCheck feature, which delivers payments the moment you send them via email or SMS. They are often sent as one-time printable PDF files to ensure security and convenience. The recipient of the eCheck can print it and use it as a regular check.
Conclusion
Managing payments is crucial for a dance studio to scale. The online check mailing feature from cloud-based platforms like Zil Money helps them to mail checks easily without the usual inconveniences associated with traditional checks. The ability to print checks helps studios save a lot of money, which they might have otherwise spenton buying pre-printed checks. The eCheck feature allows them to make payments instantly.
