A large portion of the public looks at business owners and capitalists with disdain. They seem to think that money is the only source of power and that it can corrupt anyone that has too much of it. But the reality is that money is just a tool and it can be used for any purpose, good, bad or neutral. It is important to challenge the notion that capital is inherently exploitative or bad for society.
Every person that runs a business needs access to capital. That is the lifeblood of the system. You need start up capital, bridge loans to stay afloat in lean times and you need enough cash flow coming in to have enough operating capital for day to day operations.
As you run your business, you need to establish point of sale systems that will allow you to run daily operations. For restaurants and retail stores, that will usually involve a cash register that allows you to take cash and a credit card reader. These days, a mobile card reader is a great tool to have so you can expand your point of sale throughout your footprint. SumUp is one company offering state of the art mobile card readers that work seamlessly with existing transactions systems.
At some point in your life, you may have heard that money is the root of all evil. But that is a pedantic and oversimplified sentiment, put forth by charlatans unfamiliar with the workings of capitalism and finance. Money is a tool. It can be used for good, evil or neutral purposes, but there is no real evidence to the theory that it is the root of all evil.
In fact, money is the root of anything that you want it do be. If you run a socially conscious organization that raises money through donations or sales of related products, you could credibly make the claim that your money is the root of something good. The value of what your money can provide to those in need is immense. It all depends on how to make the money, how you manage the money and how you spread that money to various places.
When you create a socially responsible business, you can make sure that the money you make is going towards making the world a better place. Over much of the last two decades, the mantra of many Silicon Valley startups was the desire to make the world a better place. It can seem to be a cloying and unsustainable vision in the face of what most business are. Most business exists to make money. But what happens with that money is vital to its ultimate value in the world.
And as a business owner, you need a proper way to keep that capital flowing through your operation, which means that taking a credit card payment needs to be as seamless as possible. That way, you can acquire the money that you need to sustain yourself and use the profits to make the world a better place.