Today I went to this restaurant that was near a family member’s house as we haven’t visited in awhile and so everyone decided to go to a restaurant. The first thing I noticed was that there was a sign on the door stating how they accept cash only. The first thing that came to my mind funny enough was whether or not the business did this so that they could evade paying their taxes as cash transactions are probably pretty hard to track. As well, the other thought was because they don’t have things like credit card terminals the operating cost of the business probably enables them to offer things for cheaper.
Indeed it was cheaper too as there were dishes like how you could order a whole lobster dish for about ten dollars as an example. I was thinking too that maybe they actually tried to fish/farm for a lot of their ingredients as a way to conserve money. It can be tricky though in terms of trust as even for myself when I see a cash only sign it makes me think that there is something shady about the business. It can be a good negotiation tool too where if people accept credit cards and you offer to pay cash only you can often get a discount as using a credit card costs the business a lot of money.