Why You Should Tip

Tip Box

The Value of Tipping

As a business owner, you know how challenging your work can be. It takes more than the average joe to be an entrepreneur because it takes all of the time, energy, and resources you have available. Hence, why successful business owners can be few and far between.

In the service industry, tipping is customary. Have you ever wondered why you should though? Or considered that leaving one just isn’t something you do?

Well, for all the time, energy, and resources you put into your business, the service industry takes that one step further, especially with their employees. When it comes to tipping, many customers consider this a way to show appreciation for someone’s service, effort, and time. And, did you know that some service-based employees rely mostly on tips alone to make a living? Servers, for example, often only make $2.13 per hour before tips. This is because only 7 states require servers to make minimum wage before tips. Crazy right?

When it comes to other service professionals, you’re showing them a generosity that says hey, I really appreciate what you’re doing for me. Thank you for spending 90 minutes working those knots out of my back, thank you for making sure my car was not damaged and parked efficiently, thank you for doing a fabulous job on my hair, thanks for carrying my bags to my room. You should tip these people because you are trusting them with valuable services! You can’t go wrong with being generous.

Let the provider know you value their participation in Tradebank with a generous tip and ensure they look forward to seeing you again. Gratuities are to be paid at a minimum of 18% in cash for all industries where tipping is appropriate. If you feel the service does not warrant an 18% gratuity, contact management before leaving the premises. And try to remember, even the best servers have bad days.

Ask your Tradebank Broker or the proprietor of the establishment what is appropriate if in doubt. Happy Trading!

COVID-19 NoticeWe're Still Here And Serving You

During these trying times, I pray that you and your family are staying safe.

We are here to serve you in any way we can. We are still here. We are still open. We are practicing our social distancing with our members, prospects and staff. We are doing more and more virtual meetings, but rest assured, we are working day in and day out to help make sure that your business not only survives, but thrives during these times.

What can you do?

Right now, cash flows for many businesses are tight. This is why we recommend taking a serious look at what you can barter. With many mortgage and finance companies offering a reprieve on payments, now is the best time to look at other needs you have and see what can be bartered out to save your cash. If you would like specific ideas, tips or tricks on how to get what you need right now, head over to our contact page and send us a message or give us a call. If we, here at Tradebank of Wichita, can do anything to be of service to you, please let us know.

Ed Fox, Owner

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