I currently teach group fitness 4-6 times per week and have three regular clients that I see twice per week for personal training. I have other clients that float in and out. In the past, I have received payment via checks that have bounced… which makes things awkward when telling the client their check bounced. I’m considering no longer accepting checks but know that I can’t be a cash only entity. I’m considering jumping the necessary hoops to accept credit cards but am wondering if it is worth it for such a small business.
Do your P & L. If the profit exceeds the loss, then it would be a good idea to open up the option for credit card payment. Credit cards, as Paul suggests, are perhaps the most common form of payment for goods and services. Just make sure that you don’t make yourself profit negative by offering this option.