Ferrari Mailing List: Re: Business Banking

[Britt2Asa (Britt2Asa]

I think the number one reason a retail style business would not take cash was 
for security and safety of its employees. For twelve years I worked for a big 
American business with lots of high dollar retail spend and we always pushed 
for CCards over cash regardless of the fees. When we had a depot that became 
known for taking in cash, thats when it would get robbed. I use to train my 
people to tell customers we didn't take cash because on a Friday we would have 
maybe 5000.00 in cash sitting around. It can be stolen, its a pain to count, 
its 
has to goto the bank, and you can have employee theft not to mention the 
costs to your business and employees if you are robbed. When I moved to the UK 
to 
open the business here we decided early on "No Cash".

BR in the UK
1986 328GTS (LHD 89,940km) Died August 19, 2006 Shrewsbury UK
1980 400i (RHD 72,000 miles)