Candle stores are the magical places where creativity, craftsmanship, and comfort meet. While some people see them merely as a source of light, many people use them for decoration purposes as well. Thus, they are an inextricable part of home aesthetics and personal wellness. While making candles can be an art, owning a candle shop can also be a science — you have to balance both! Here in this blog, let’s discuss how Varo Money Alternative Zil.US helps shop owners manage their finances, which is one of the most important parts of their business.
The first thing that you need to manage your finances efficiently is a proper checking account. But this doesn’t mean that having any checking account will help you. For instance, having a traditional checking account will not offer you the same flexibility that you get from having a checking account from Zil.US.
Limitations Of Traditional Checking Accounts
The one drawback of traditional checking accounts that makes them fall behind is fees. Most often, they carry multiple fees, such as initial fees, monthly fees, and sometimes hidden fees. Spending money on such avoidable expenses can sometimes be detrimental to the candle shop owner and can negatively affect the profitability of the business.
There’s also the need for a minimum deposit and minimum balance. Having a checking account with these kinds of requirements may put you in situations where you have the money to pay for an urgent thing, but you cannot use that. It is like having your money locked away just when you need it the most.
Another drawback of traditional checking accounts is the limited availability of payment options. Most of these checking accounts only offer a few payment choices, which limits candle shop owners from efficiently paying their vendors and suppliers.
The checking account from Zil.US comes without these limitations, and candle shop owners can completely rely on them for managing their finances effortlessly.
No Fee, No Tension
As you may have already guessed within now, the checking account from Zil.US is completely free. There are no initial fees, monthly fees, or any other hidden fees. This helps candle shop owners open and manage their accounts without stressing about the initial and monthly investments needed when using traditional accounts.
Checking accounts from the cloud-based platform also does not demand any minimum deposit or minimum balance. That is, you can decide what to do with your funds rather than letting your financial institution do so. There are also no overdraft fees, which allows you to spend money accordingly without thinking about the available balance in the account.
Multiple Payment Options for Your Multiple Payment Needs
As far as a candle shop is concerned, there may be multiple suppliers to pay. For instance, there will be wax suppliers, fragrance suppliers, wick suppliers, equipment suppliers, and more. The possibility of all of these suppliers preferring the same payment option is quite slim. Paying them in your preferred way without considering their choices is unprofessional and may sometimes affect your relationship with them.
With Zil.US, there is a solution to this as well. The cloud-based platform offers you multiple payment options. That is, you get a wide range of payment solutions on taking a single subscription to the platform.
Here are some of the common payment options offered by the platform.
ACH
ACH transfers are one of the low-cost B2B payment options. They are processed by the ACH network, which is guided by NACHA. Zil.US is an official member of NACHA, so making ACH payments via the platform is the most affordable solution you can have. The platform also offers same-day ACH, which makes sure that your payments are made within the next business day.
Wire Transfers
Zil.US allows you to make wire transfers easily, no matter the destination. You can make transfers within the US using the domestic wire transfer option offered by the platform. Similarly, you can make transfers outside of the US with the international wire transfer offered by the platform. For making international wire transfers, you may need specific codes like SWIFT or IBAN, and for domestic wire transfers, you only need the routing number and account number.
Virtual Cards
With Zil.US, you can make payments via virtual cards easily and affordably. For this, you just have to take a subscription to the platform and fill your wallet. You can create and send virtual cards until the wallet balance is zero, and once it is zero, you can easily recharge them with your checking account.
Conclusion
Candle shop owners can manage their finances easily with the Varo Money alternative Zil.US. A checking account offered by the cloud-based platform will help you run your finances cost-effectively, unlike traditional accounts. The multiple payment options given by the platform allow shop owners to think about the payment preferences of their suppliers.
