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Write You - The Top 10 Reasons You Need A Computer Point of Sale System For Your Business
Why You Lose Customers only 1 thing we can think of that will drive customers away faster than bad food and that is slow service. When a customer places their order their own internal clock is running in overdrive. No matter how long they took to look over the menu and to place their order, once they have given your server or cashier their order their hunger clock is speeding along faster than a fan on high! You need a fast, reliable way to get orders into your system. This should mean a terminal that is fast, easy to understand and quick to respond to the touch of the server, cashier or bar tender. The system should also distribute the order properly to the kitchen prep station or bar. Your point of sale system should also measure your speed of service and report on how you are doing. Reducing the time it takes to get your customer's their food is critical and can even make up for less quality. For proof I give you some of the major fast food chains. Is their popularity based upon the best tasting, best dressed and best served burger or speed of service?Customers. Clients. Patrons. These people are important to all kinds of businesses, but particularly businesses that are small. Without the investors or securities of some of the larger corporations, small businesses often rely solely on those whom they serve. This causes competition, as many small businesses find themselves fighting on separate sides in the crusade for the customer. With so many businesses offering similar services, there is little to distinguish one from the other.However, one thing that does offer distinction is the level of customer service and, more notably, the level of customer disservice.When I first started this article, I asked several people what kind of experiences they had had with poor customer service. Some of their experiences were extreme – with one instance where a photographer punched an unsatisfied customer – but most relayed occurrences consistent with my own. I narrowed it down to three behaviors of customer disservice. When these behaviors are continually maintained, the ability to drive people away will surely be in the bag.Businesses that Act as if their Customer’s are Invisible: In a store or a restaurant, ignoring a customer can range from not asking them if they need help to forgetting to refill their coffee cup. In a marketing firm or a law office, ignoring a customer can range from not returning their phone calls to keeping them on hold, forcing them to listen to the latest John Tesh album. There may be no quicker way to lose a customer than by simply failing to acknowledge their existence.I, for instance, was ignored at a hardware store years ago, an occurrence I attributed to the fact that I’m a woman. As I stood in line watching the Speed of service is critical to every business, not just restaurants. If you want to speed up your customer service you need a point of sale system. 5. If you want to know more about your business through enhanced reporting, you need a point of sale system. What is the use of having a computer and not taking advantage of the power? If all you need is to have a total amount of cash in the drawer that sometimes matches to the amount of Are You a Netpreneur 10. If you have employees, you need a point of sale system.Who is a netprenuer? Actually the word netpreneur brings images to mind of a young geek. A person in his early twenties who has the courage to break the conventional rules to build up an online business from scratch is our netpreneur. There was a time when netpreneurs were thought to be some kind of mythical creatures. They came from nowhere and made millions in the market. And that image is still itched out into the minds of many but to be honest these are just images. The reality is very different.The majority of netpreneur are still young but they are not some kind of eccentric genius. Anyone can be a netprenuer these days. That is the result of easy access to internet and the desire of people to take some risk and start their own online business venture. Netpreneurs are like any other entrepreneurs. The only difference is that netpreneur as the name suggests is a special class of entrepreneur who has some special technical skills that could be used to earn money online. Actually all the qualities that are needed to be an entrepreneur is also necessary for being a netpreneur and what is more, a netpreneur should have an added skill related to running an online business.The best thing about a netpreneur is that you don't need to be some super geek where computer software is concerned. Anyone who wants to earn some money online could be a netpreneur. The only thing needed is your determination to do something worthwhile. If you are currently employed somewhere you can go on with your job and also start a new online business venture in part time. This way the risks associated with starting ones own business venture gets mitigated a lot.There are many aspects of netpreneurship. It all depends on yo If you have employees you are open to theft, sweet-hearting and careless mistakes. You need a point of sale system to manage your employees, enforce your policies and insure that your money gets to you. Of all distressing situations that can occur in a workplace, none is as likely to trigger emotions more consistently than an incident of theft, fraud or embezzlement. The 2003 National Retail Security Survey discovered that nearly half of all losses can be attributed to employee theft, adding up to billions of dollars annually. Some small business owners regard the pilfering of notepads, pens, paperclips, and even coworker lunches as minor incidents, unworthy of disciplinary action. Consequently, if an employee feels invincible, they may raise the stakes and steal something of greater value, believing they will not be threatened with termination or prosecution. The best defense is careful supervision and security solutions that remove easy opportunities. Human resource experts recommend having more than one person doing inventory and bookkeeping so no single employee has too much authority. Shifting responsibilities from one person to another, i.e., rotating opening and closing, enables employees to check each other's work for accuracy and suspicious activities. It also makes collusion between employees, or between an employee and an outside source, such as a distributor, considerably less likely Small business owners should emphasize that there is no such thing as an "acceptable amount" of employee crime, and that none at all will be tolerated. The Small Business Administration recommends that all violators be disciplined, regardless of how important the person or how small the infraction. Though employee theft is a real threat, the National Federation of Independent Businesses advises against becoming hyper-vigilant - that may antagonize your honest employees and lower morale. Proper security measures and a set of common sense procedures are the best ways to protect your small business. Examples of employee theft include: Forging receipts: Salespersons can charge a customer one sum, ring up a receipt for less, and pocket the difference. Hiding receipts: When bookkeeping has little supervision, employees can keep cash and receipts without raising an eyebrow. Stealing merchandise: Purchased goods may never even make it to the shelves. Fraud: Employees can declare themselves suppliers of nonexistent goods, and subsequently reimburse themselves handsomely. 9. To reduce or eliminate pricing and math errors, you need a point of sale system. It is still amazing how many businesses still use a calculator and hand written tickets. According to studies done by various institutions you are open to math and pricing mistakes totaling in excess of 1% of your annual volume. In a business doing as little as $1,300 per day that would add up to $4,700 per year. To eliminate pricing and math errors you need a point of sale system. 8. If you want to control your payroll, you need a point of sale system. Employee payroll is one of the most overlooked and most easily managed portions of your profit and loss statement. If you have 12 employees and each of them clocks in 5 minutes early a day, that equates to 1 hour per day of extra payroll. Even with minimum wage plus benefits this could add up to $6 - $8 per day or over $2,900 per year. This figure doesn't take into account the total man-hours it takes to compute time cards and then report on the hours worked for each employee. This is time that you could be spending elsewhere. If you have a few as 5 employees you need a point of sale system. Most point of sale systems have a built in time clock feature. Some time clocks are specifically designed for specific industry needs. Features designed to control your employees and conform to the strict regulations imposed upon your business. For instance, restaurants have far more restrictions placed on them than a retail operation. Managing employees and a time clock can be difficult with some systems. When looking at different point of sale systems make sure the one you chose has the features needed by your specific industry requirements. Taking advantage of the built-in time clock feature can bring big results. Additional profits can quickly be the result of this easy to use feature. 7. If you want to reduce employee theft in your business, you need a point of sale system. This is the original reason for the invention of the cash register back in the late 1800's. Even when most of the businesses were family owned and run there was a need for a cash register to reduce theft. In today's world of hiring employees to help staff and manage your store there is even greater need for this type of control. For years we have known about the tendencies of people with regard to theft. 10% of the people wouldn't steal if giving the opportunity. 10 % of the people are going to steal no matter what safeguards are in place. 80% of the people will steal if given the opportunity. Point of sale systems are put in place to guard against the 80% and make it more difficult for them to steal from you. Frequently used schemes Having an elementary understanding of the more common forms of employee theft can help business owners formulate a strategy for subverting them. Pocketing loose change. Small sums of money, such as fees or petty cash, may not be missed at all. Knowing how much an item is with tax and making change from an open drawer without ringing up the item. Accepting coupons for items not rung up. This is known as coupon stuffing. Fictitious payroll. Personnel managers authorize salary for fictitious workers, then keep it for themselves. 6. If you want to speed up service, you need a point of sale system. In a restaurant there is only 1 thing we can think of that will drive customers away faster than bad food and that is slow service. When a customer places their order their own internal clock is running in overdrive. No matter how long they took to look over the menu and to place their order, once they have given your server or cashier their order their hunger clock is speeding along faster than a fan on high! You need a fast, reliable way to get orders into your system. This should mean a terminal that is fast, easy to understand and quick to respond to the touch of the server, cashier or bar tender. The system should also distribute the order properly to the kitchen prep station or bar. Your point of sale system should also measure your speed of service and report on how you are doing. Reducing the time it takes to get your customer's their food is critical and can even make up for less quality. For proof I give you some of the major fast food chains. Is their popularity based upon the best tasting, best dressed and best served burger or speed of service? Speed of service is critical to every business, not just restaurants. If you want to speed up your customer service you need a point of sale system. 5. If you want to know more about your business through enhanced reporting, you need a point of sale system. What is the use of having a computer and not taking advantage of the power? If all you need is to have a total amount of cash in the drawer that sometimes matches to the amount of A Tale Of Two Companies ll business owners should emphasize that there is no such thing as an "acceptable amount" of employee crime, and that none at all will be tolerated. The Small Business Administration recommends that all violators be disciplined, regardless of how important the person or how small the infraction.Yesterday, Singapore’s exchange market was rife with speculation about a possible merger of the two land transport giants: ComfortDelGro and SMRT. As a result, their share prices skyrocketed between 5.9% and 6.6% at closing.ComfortDelGro is the “world’s second largest public listed land transport company with a fleet of more than 40,000 vehicles”. It is the parent company for Comfort and SBS Transit which are the market leaders in taxi and bus industry in Singapore respectively. SMRT, the market leader for train services, is a multi-modal public transport company offering train, bus and taxi services, as well as expertise in consultancy and project management in railway systems. Both companies have advertising arms.In a newspaper report by The Straits Times (attached below), it was reported that ComfortDelGro has submitted a position paper to the Ministry of Transport, giving their two-cent worth on how the public transport industry should be structured. Two specific suggestions are given: to merge with rival SMRT to create one big giant transport company, or to have two separate companies with different areas of expertise – one running buses while another operating trains. (Note: It should be quite obvious that SBS Transit will be the natural bus company and SMRT will be the train company).It is not hard to fathom why ComfortDelGro is keen to push for the two scenarios because they will have the upper hand in both scenarios. For the first scenario, if they were to merge with SMRT, it would most likely to be a take-over exercise rather than merger. With a market capitalisation of S$4.8 million over SMRT’s S$2.6 million and a ferocious appetite for aggressive acquisition, it would be quite unthinka Though employee theft is a real threat, the National Federation of Independent Businesses advises against becoming hyper-vigilant - that may antagonize your honest employees and lower morale. Proper security measures and a set of common sense procedures are the best ways to protect your small business. Examples of employee theft include: Forging receipts: Salespersons can charge a customer one sum, ring up a receipt for less, and pocket the difference. Hiding receipts: When bookkeeping has little supervision, employees can keep cash and receipts without raising an eyebrow. Stealing merchandise: Purchased goods may never even make it to the shelves. Fraud: Employees can declare themselves suppliers of nonexistent goods, and subsequently reimburse themselves handsomely. 9. To reduce or eliminate pricing and math errors, you need a point of sale system. It is still amazing how many businesses still use a calculator and hand written tickets. According to studies done by various institutions you are open to math and pricing mistakes totaling in excess of 1% of your annual volume. In a business doing as little as $1,300 per day that would add up to $4,700 per year. To eliminate pricing and math errors you need a point of sale system. 8. If you want to control your payroll, you need a point of sale system. Employee payroll is one of the most overlooked and most easily managed portions of your profit and loss statement. If you have 12 employees and each of them clocks in 5 minutes early a day, that equates to 1 hour per day of extra payroll. Even with minimum wage plus benefits this could add up to $6 - $8 per day or over $2,900 per year. This figure doesn't take into account the total man-hours it takes to compute time cards and then report on the hours worked for each employee. This is time that you could be spending elsewhere. If you have a few as 5 employees you need a point of sale system. Most point of sale systems have a built in time clock feature. Some time clocks are specifically designed for specific industry needs. Features designed to control your employees and conform to the strict regulations imposed upon your business. For instance, restaurants have far more restrictions placed on them than a retail operation. Managing employees and a time clock can be difficult with some systems. When looking at different point of sale systems make sure the one you chose has the features needed by your specific industry requirements. Taking advantage of the built-in time clock feature can bring big results. Additional profits can quickly be the result of this easy to use feature. 7. If you want to reduce employee theft in your business, you need a point of sale system. This is the original reason for the invention of the cash register back in the late 1800's. Even when most of the businesses were family owned and run there was a need for a cash register to reduce theft. In today's world of hiring employees to help staff and manage your store there is even greater need for this type of control. For years we have known about the tendencies of people with regard to theft. 10% of the people wouldn't steal if giving the opportunity. 10 % of the people are going to steal no matter what safeguards are in place. 80% of the people will steal if given the opportunity. Point of sale systems are put in place to guard against the 80% and make it more difficult for them to steal from you. Frequently used schemes Having an elementary understanding of the more common forms of employee theft can help business owners formulate a strategy for subverting them. Pocketing loose change. Small sums of money, such as fees or petty cash, may not be missed at all. Knowing how much an item is with tax and making change from an open drawer without ringing up the item. Accepting coupons for items not rung up. This is known as coupon stuffing. Fictitious payroll. Personnel managers authorize salary for fictitious workers, then keep it for themselves. 6. If you want to speed up service, you need a point of sale system. In a restaurant there is only 1 thing we can think of that will drive customers away faster than bad food and that is slow service. When a customer places their order their own internal clock is running in overdrive. No matter how long they took to look over the menu and to place their order, once they have given your server or cashier their order their hunger clock is speeding along faster than a fan on high! You need a fast, reliable way to get orders into your system. This should mean a terminal that is fast, easy to understand and quick to respond to the touch of the server, cashier or bar tender. The system should also distribute the order properly to the kitchen prep station or bar. Your point of sale system should also measure your speed of service and report on how you are doing. Reducing the time it takes to get your customer's their food is critical and can even make up for less quality. For proof I give you some of the major fast food chains. Is their popularity based upon the best tasting, best dressed and best served burger or speed of service? Speed of service is critical to every business, not just restaurants. If you want to speed up your customer service you need a point of sale system. 5. If you want to know more about your business through enhanced reporting, you need a point of sale system. What is the use of having a computer and not taking advantage of the power? If all you need is to have a total amount of cash in the drawer that sometimes matches to the amount of Creative Uses of Common Office Supplies for the Bored Employee $4,700 per year. To eliminate pricing and math errors you need a point of sale system.Life in a cubicle can be boring at times. To liven the day up a little, here are a few ways to unwind and have a little fun with those everyday office supplies in your desk drawer. Yes, it's a little insane, but a little creativity never hurt anyone, and it's fun to boot.Wrapping PaperIs there a spur-of-the-moment party and you need to wrap a gift? Then, those big presentation paper pads in the conference room, a pack of colorful highlighter markers and a Sharpie marker are the perfect combination of supplies for making wrapping paper. A good, easy design is flower vines. Just draw one long line all over the page, put a few leaves here and there along it, and add a bunch of simple flowers. Go find some tape, and wrap your gift. Simple and easy.Homemade Greeting CardsFirst, get some paper out of the copy machine, letter size. Then, fold it in half, and decorate with a simple design, using highlighters and Sharpie markers. Use the Sharpies for block lettering near the top, then color them in with the highlighters. Pass the card around to your co-workers, and give it to the person that you made it for. It may not be high art, but who cares, it came from the heart. They'll be happy that you cared enough to do it.Make Ink StampsTake an eraser and carve whatever design you want to print into it with an Exacto knife, being careful not to cut yourself. A box knife can do the same thing. Make a simple design for best results. Clean off any stray eraser crumbs. Then, use a stamp pad and put the eraser, design side down, onto it. Test out your stamp on a piece of scrap paper and see how it looks. If it still needs work, go wash it off and keep carving. When you get it the way you want it 8. If you want to control your payroll, you need a point of sale system. Employee payroll is one of the most overlooked and most easily managed portions of your profit and loss statement. If you have 12 employees and each of them clocks in 5 minutes early a day, that equates to 1 hour per day of extra payroll. Even with minimum wage plus benefits this could add up to $6 - $8 per day or over $2,900 per year. This figure doesn't take into account the total man-hours it takes to compute time cards and then report on the hours worked for each employee. This is time that you could be spending elsewhere. If you have a few as 5 employees you need a point of sale system. Most point of sale systems have a built in time clock feature. Some time clocks are specifically designed for specific industry needs. Features designed to control your employees and conform to the strict regulations imposed upon your business. For instance, restaurants have far more restrictions placed on them than a retail operation. Managing employees and a time clock can be difficult with some systems. When looking at different point of sale systems make sure the one you chose has the features needed by your specific industry requirements. Taking advantage of the built-in time clock feature can bring big results. Additional profits can quickly be the result of this easy to use feature. 7. If you want to reduce employee theft in your business, you need a point of sale system. This is the original reason for the invention of the cash register back in the late 1800's. Even when most of the businesses were family owned and run there was a need for a cash register to reduce theft. In today's world of hiring employees to help staff and manage your store there is even greater need for this type of control. For years we have known about the tendencies of people with regard to theft. 10% of the people wouldn't steal if giving the opportunity. 10 % of the people are going to steal no matter what safeguards are in place. 80% of the people will steal if given the opportunity. Point of sale systems are put in place to guard against the 80% and make it more difficult for them to steal from you. Frequently used schemes Having an elementary understanding of the more common forms of employee theft can help business owners formulate a strategy for subverting them. Pocketing loose change. Small sums of money, such as fees or petty cash, may not be missed at all. Knowing how much an item is with tax and making change from an open drawer without ringing up the item. Accepting coupons for items not rung up. This is known as coupon stuffing. Fictitious payroll. Personnel managers authorize salary for fictitious workers, then keep it for themselves. 6. If you want to speed up service, you need a point of sale system. In a restaurant there is only 1 thing we can think of that will drive customers away faster than bad food and that is slow service. When a customer places their order their own internal clock is running in overdrive. No matter how long they took to look over the menu and to place their order, once they have given your server or cashier their order their hunger clock is speeding along faster than a fan on high! You need a fast, reliable way to get orders into your system. This should mean a terminal that is fast, easy to understand and quick to respond to the touch of the server, cashier or bar tender. The system should also distribute the order properly to the kitchen prep station or bar. Your point of sale system should also measure your speed of service and report on how you are doing. Reducing the time it takes to get your customer's their food is critical and can even make up for less quality. For proof I give you some of the major fast food chains. Is their popularity based upon the best tasting, best dressed and best served burger or speed of service? Speed of service is critical to every business, not just restaurants. If you want to speed up your customer service you need a point of sale system. 5. If you want to know more about your business through enhanced reporting, you need a point of sale system. What is the use of having a computer and not taking advantage of the power? If all you need is to have a total amount of cash in the drawer that sometimes matches to the amount of Small Business Funding in the UK want to reduce employee theft in your business, you need a point of sale system.Acquiring funding for your business can be time consuming. A lot of small business owners need financial assistance, especially in the first 12 months of starting. The obvious solution is for the owner to take out a loan. There are a number of companies or financial institutions that offer this service. Choosing the right loan can be a difficult process simply due to the amount of products on the market. If you are looking for business funding by way of a loan make sure you pay particular interest to the loan agreement. In some cases your home may be at risk if you do not keep up with the repayments. The Royal British Legion provide interest-free loans of up to ?5,000 for service leavers & ex-service personnel, who are looking to set themselves up in their own business. This is just one example of the type of products that are out there. . Small business funding is also available in the form of a grant. A grant can be issued by a government or an organisation. On securing a grant you will be given financial assistance sometimes with no expectations or repayment plans. To have a realistic chance of obtaining a grant you will be asked to demonstrate a good work ethic and a strong commitment to your business. It often helps if you are committing some of your own finances to the business; Securing business funding through means of a grant can be difficult as there is often limited funding available and a lot of competition, make sure you have a contingency plan if your application is rejected.There are many types of grants which are available to a wide spread of people, for more information check out http://www.businesslink.gov.uk This is the original reason for the invention of the cash register back in the late 1800's. Even when most of the businesses were family owned and run there was a need for a cash register to reduce theft. In today's world of hiring employees to help staff and manage your store there is even greater need for this type of control. For years we have known about the tendencies of people with regard to theft. 10% of the people wouldn't steal if giving the opportunity. 10 % of the people are going to steal no matter what safeguards are in place. 80% of the people will steal if given the opportunity. Point of sale systems are put in place to guard against the 80% and make it more difficult for them to steal from you. Frequently used schemes Having an elementary understanding of the more common forms of employee theft can help business owners formulate a strategy for subverting them. Pocketing loose change. Small sums of money, such as fees or petty cash, may not be missed at all. Knowing how much an item is with tax and making change from an open drawer without ringing up the item. Accepting coupons for items not rung up. This is known as coupon stuffing. Fictitious payroll. Personnel managers authorize salary for fictitious workers, then keep it for themselves. 6. If you want to speed up service, you need a point of sale system. In a restaurant there is only 1 thing we can think of that will drive customers away faster than bad food and that is slow service. When a customer places their order their own internal clock is running in overdrive. No matter how long they took to look over the menu and to place their order, once they have given your server or cashier their order their hunger clock is speeding along faster than a fan on high! You need a fast, reliable way to get orders into your system. This should mean a terminal that is fast, easy to understand and quick to respond to the touch of the server, cashier or bar tender. The system should also distribute the order properly to the kitchen prep station or bar. Your point of sale system should also measure your speed of service and report on how you are doing. Reducing the time it takes to get your customer's their food is critical and can even make up for less quality. For proof I give you some of the major fast food chains. Is their popularity based upon the best tasting, best dressed and best served burger or speed of service? Speed of service is critical to every business, not just restaurants. If you want to speed up your customer service you need a point of sale system. 5. If you want to know more about your business through enhanced reporting, you need a point of sale system. What is the use of having a computer and not taking advantage of the power? If all you need is to have a total amount of cash in the drawer that sometimes matches to the amount of Can You Get Paid Referrals And Free Pizes only 1 thing we can think of that will drive customers away faster than bad food and that is slow service. When a customer places their order their own internal clock is running in overdrive. No matter how long they took to look over the menu and to place their order, once they have given your server or cashier their order their hunger clock is speeding along faster than a fan on high! You need a fast, reliable way to get orders into your system. This should mean a terminal that is fast, easy to understand and quick to respond to the touch of the server, cashier or bar tender. The system should also distribute the order properly to the kitchen prep station or bar. Your point of sale system should also measure your speed of service and report on how you are doing. Reducing the time it takes to get your customer's their food is critical and can even make up for less quality. For proof I give you some of the major fast food chains. Is their popularity based upon the best tasting, best dressed and best served burger or speed of service?Finding good referrals has never been an easy task. In fact, it's the reason most people give up on their goals. I'm guilty of giving up myself. There are thousands of ebooks that claim to teach you how to grab hundreds of referrals, if you have read any of these then you already know that, it's just not as easy as they claim it be. The one thing i do know for a fact, without referrals, you can't make the good money.Referrals are what completes the circle of life in the internet world. So if you want to make money, you must get referrals. There are so many different ways to get them, and it's not such a piece of cake, right? I know the easiest way to get them. Did you know you can get paid to get referrals and get free merchandise from the internet everyday. There litterally are people waiting to be a referral. No need for you to feel the regret of searching for hours without a reward for doing so. I'm sure you will be amazed at how easy getting referrals is. You will be wondering, why in the world didn't i think of that. It's so simple, i was just floored with this idea. It's the greatest one i have found yet.I know new things that people say to get you to be their referral makes it hard for you to believe in what i'm telling you. The truth is, I can show you how to get them, and get paid twice. I can help you with what you need to know. Speed of service is critical to every business, not just restaurants. If you want to speed up your customer service you need a point of sale system. 5. If you want to know more about your business through enhanced reporting, you need a point of sale system. What is the use of having a computer and not taking advantage of the power? If all you need is to have a total amount of cash in the drawer that sometimes matches to the amount of sales shown you probably don't need a point of sale system. However, if you want more detail and information to help manage your operation and make it more profitable then you need a point of sale system. It used to be that having a good product was enough to get you by. Now it takes a lot more information in order to compete with all the other restaurants in your market that are all looking for the same customer you have seated in your restaurant. You need to understand the buying habits of your customers. What are they ordering? When are they ordering it? What is your most profitable item? How many of it did you sell? What items on your menu are not selling? If you cannot answer all of these questions with total confidence in your answers then you need a point of sale system. If you hesitate to correctly answer (without guessing) any of these questions you need a point of sale system. 4. If you want to share data with other software systems, you need a point of sale system. Even most small businesses today have some form of electronic accounting in place either in their operation or through an accounting service. In addition, most businesses have an electronic payroll service or software that creates payroll. Point of sale systems capture critical data for you and then export this data in formats that automatically put this information into accounting and payroll packages, eliminating hours of tedious manual input that often leads to mistakes and human error. If you have an electronic accounting or payroll service/software or even if you want to track your sales in Excel, you need a point of sale system. 3. If you want to securely take credit/debit cards as forms of payment you need a point of sale system. If you are not currently taking credit cards as a form of payment you need to start today. Never mind the fees. The loss of business that you are suffering in today's plastic minded economy will more than compensate for the fees charged. If you are currently taking credit cards through a stand-alone terminal you could be being charged exorbitant fees for the terminal when you could be processing through your point of sale system. In some cases, the elimination of the terminal rental will pay for the credit card interface in less than a year. With integrated credit card processing you are assured that the amount of the sale will match the amount charged on the credit card, eliminating the need to go back and match individual sales when the credit card batch does not match credit card sales. When high-speed Internet connections are used to process credit cards we receive approvals in less than 2 seconds. No longer is slower speed of service an excuse not to take credit cards. If you want to quickly, accurately and smoothly process credit cards you need a point of sale system. 2. If you want to better and more competitively market your business you need a point of sale system. Frequent Diner Modules. Who are your customers? What do they buy? How often do they visit? Of your frequent visitors, who hasn't been in to see you during the past month? Of your frequent visitors, who has a special day coming up this month? These are questions that you should have the answer to. All the major chains and all of your competitors are after the people who come to your restaurant. They want to take them for themselves. How are you going to compete with the billions of dollars being spent to draw your customer away? By marketing your operation and your menu. Your point of sale system should be able to manage your customer base, keep up with their buying habits, how often they visit, when was their last visit and what special occasions they have coming up. Your point of sale system then should be able to sort these into groups that should be sent mailers, coupons, invitations to special events or simply told that they are appreciated and asked to visit you again. If you have competition you need a point of sale system. Gift cards have become the norm for so many businesses today. An entire industry has been formed around the old concept of giving a paper gift certificate. Today, you will find gift cards at most major checkout lines. A point of sale system should be able to sell, redeem and control balances for your own gift card program. No longer do you need a book of certificates that are kept in the safe. Today, all you need is a stack of blank plastic cards with your colorful logo on them. These cards carry no balance and have no cash value until sold and a balance placed on account. As an owner you should keep a few of these cards with you. Each of these cards might have a small balance on them for you to hand out to pull customers to your restaurant or to give in case of a poor experience to help bring someone back. Think of these cards as your personal marketing tool. When the customer looks in their purse or wallet and sees your logo they will be reminded to come visit you. If you use gift certificates or gift cards you need a point of sale system. 1. Since you don't need any more 'Partners', you need a point of sale system. Sure you need gift cards. Yes you need to better understand your customer's buying habits. You absolutely need to have credit cards integrated with your point of sale system. You need enhanced reporting and export of these reports to electronic accounting and payroll services. You need to eliminate errors, reduce mistakes and keep track of your payroll. But more than any of these you don't need any more partners. Especially the ones that take their portion of the profits before you get yours. We are talking about the servers, waitresses, bartenders and cashiers who: Undercharge customers in order to enhance their own tips. Show a $5 tab and a $50 tip. (Yes, I have seen this!) Deliberately void or delete an item after it has been paid for. Stuff coupons into the cash drawer in exchange for cash. Don't charge customers for
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