Page 29 - GS230202
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Education





             • The merchant disrespects             loss. Even if a merchant makes you good money in the long run, part-
               your staff:  Occasionally, you       nering with a merchant who causes havoc is rarely worthwhile.
               will encounter a client who
               treats you well but disrespects   Exit with grace
               your team. When it comes to    It's easy to picture situations where you finally tell off a customer. However,
               the long-term success of your   it's important not to let your emotions get in the way. Always maintain a
               business, your team is more    professional attitude, even if your client does not. You might be determined to
               valuable than any client you   fire a client, but there's no need to burn the bridge.
               could have, so you must stop
               this bad behavior. That is not   People talk, no matter how big or small your community is, so be respectful in
               to say that you have to fire the   all situations.
               merchant immediately. You
               should  speak  to  them  about   Also, consider suggesting  a company with  whom your now soon to be ex-
               your concerns and how you'd    merchant can work. It is a professional courtesy that not only makes you look
               like them to treat your em-    good, but may also benefit a competitor who may be a better fit. So let go of
               ployees differently. Do not    merchants that are a burden to you or your staff. You will deliver more to those
               delegate this responsibility to   who matter most if you protect the value of your business or service.
               anyone on your team; handle
               it personally. If these attempts
               don't help, let the merchant go,   Natasa Cvijanovic, co-founder and CEO of Tesla Payments and member of the SEAA advisory com-
               politely.                      mittee, has a proven track record within the payment industry of cultivating successful relation-
                                              ships with ISOs, MLSs and strategic partners. In developing national sales channels, she provides
             • The merchant wants you to      training and coaching to sales partners to enable them to become better business partners and
               compromise   your   ethical    advocates for their merchants, and to assist them in building portfolios producing steady residual
               standards: The client is asking   streams. She is also dedicated to consistently delivering high levels of professionalism, integrity,
               you to do something that vio-  dependability and trustworthiness. Contact her at natasa@teslapayments.com.
               lates your ethical standards as
               well as the rules and regula-
               tions of the card brands. This
               requires  no  additional expla-
               nation.

             • You dislike working with
               them:  Ultimately, you're in
               charge of your own business.
               You may decide to fire a cus-
               tomer because you dislike
               working with them. Perhaps
               their personality simply irri-
               tates you, and you try to avoid
               meetings with them whenever
               possible. Trust your instincts
               if you or your employees are
               uncomfortable just thinking
               about meeting with them.

             • The merchant takes too much
               of your time: Even if you're a
               newer MLS looking for any
               opportunity to grow your
               portfolio, you're bound to
               come across a merchant who
               is a nuisance at some point.
               They take up too much of your
               time, taking away your energy
               or motivation.

               Parting ways is the best course
               of action if this happens, even
               if  it  means  taking  a  financial

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