10. You've got employees.
If you have employees you might be ready to accept theft, sweet-hearting and careless mistakes. You'll need a point of sale system to manage your employees, enforce your policies and insure your money gets to you.
9. Pricing and Math Errors.
Will still be amazing the number of restaurants still use a calculator and written tickets. According to studies done by various institutions you are available to math and pricing mistakes totaling over 1% of one's annual volume. In a restaurant doing less than $1,300 daily that will add up to $4,700 each year. (Lower than the price of our 2-terminal Sweet Deal Package) To eliminate pricing and math errors you will need a pos system.
8. Amount of time in Attendance.
Employee payroll is among the most overlooked and many easily managed parts of your profit and loss statement. For those who have 12 employees each of which clocks in five minutes early a day, that equates to An hour per day more payroll. Despite minimum wage plus benefits this could soon add up to $6 - $8 daily or higher $2,900 per year. This figure doesn't look at the total man-hours it requires to compute time cards then directory the amount of time worked for each employee. This really is time you could be spending elsewhere. For those who have a few as 5 employees you'll need a pos system.
7. Reducing Theft.
Here is the original basis for the invention from the cash register within the late 1800's. Even if most of the businesses were family owned and run there is an excuse for a cash register to lessen theft. Nowadays of hiring employees to assist staff and manage your store there's increased dependence on this sort of control. For years we now have known about the tendencies of individuals with regard to theft. 10% of those wouldn't steal if giving the opportunity. 10 percent of those will steal regardless of what safeguards are in place. 80% of the people will steal if because of the opportunity. Pos systems they fit in position to shield against the 80% and make it more difficult for them to steal from you.
6. Speed and services information.
There is only one thing we can think about that will drive customers away faster than bad food and that is slow service. Whenever a customer places their order their very own internal clock is running in overdrive. Regardless of how long they took to look over recption menus and also to placed their order, after they have provided your server or cashier their order their hunger clock is speeding along quicker than an admirer on high! You'll need a fast, reliable method of getting orders to your system. This should mean a terminal which is fast, clear to see and quick to respond to the touch of the server, cashier or bar tender. The machine also needs to distribute your order properly for the kitchen prep station or bar. Your point of sale system must also measure your speed of service and report on the way you do. Reducing the time that it takes to get a customer's their your meals are critical and may even compensate for less quality. For proof I provide you with a number of the major fast food chains. Is popularity based upon the most effective tasting, best dressed and greatest served burger or speed of service? If you wish to accelerate your customer service you will need a point of sale system.
5. Enhanced Reporting.
What's the utilization of having a computer and not using the power? If you simply need to possess a total amount of money in the drawer that sometimes matches for the amount of sales shown you probably don't need an item of sale system. However, if you'd like more information and detail to aid manage your operation making it more profitable you will want an issue of sale system. It once was that having a good product was enough to get you by. Now it requires a lot more information to be able to contend with the rest of the restaurants in your market which are all looking for the identical customer you've got seated inside your restaurant. You must understand the buying habits of one's customers. What exactly are they ordering? When could they be ordering it? What exactly is your most profitable item? How many of it have you sell? What items on your own menu usually are not selling? If you cannot answer many of these questions with total confidence in your answers then you need a point of sale system. Should you hesitate to properly answer (without guessing) some of these questions you will need a point of sale system.
4. Exporting of information to Other Systems.
Even most small enterprises today possess some kind of electronic accounting set up in a choice of their operation or with an accounting service. Furthermore, most businesses have an electronic payroll service or software that produces payroll. Pos systems capture critical data for you then export this data in formats that automatically put this info into accounting and payroll packages, eliminating hours of tedious manual input that frequently leads to mistakes and human error. If you have a digital accounting or payroll service/software or perhaps if you want to track profits in Excel, you need a pos system.
3. Integrated Bank cards.
If you are not currently taking bank cards like a type of payment you should start today. Let alone the fees. Losing business that you are suffering in the present plastic minded economy will more than compensate for the fees charged. If you are currently taking credit cards by way of a stand-alone terminal you may be paying exorbitant fees for that terminal whenever you might be processing through your point of sale system. In some instances, the removal of the terminal rental covers the charge card interface in less than a year. With integrated charge card processing you're assured that the amount of the sale will match the amount charged about the credit card, eliminating the necessity to return back and match individual sales when the charge card batch does not match credit card sales. When high-speed Web connections are used to process charge cards we receive approvals in under 2 seconds. No more is slower speed of service a reason never to take credit cards. If you want to quickly, accurately and smoothly process charge cards you'll need a point of sale system.
2. Competitive Marketing.
a. Frequent Diner Modules. That are your clients? Exactly what do they're buying? How frequently can they visit? Of your frequent visitors, who was not into see you during the past month? Of one's frequent visitors, who has a special day coming this month? They are questions that you should have the response to. Virtually all of the chains and every one of the competition are after individuals who come to your restaurant. They wish to take them for their own reasons. How's it going likely to contend with the vast amounts of dollars being spent to attract your customer away? By marketing your operation along with your menu. Your point of sale system can manage your customer base, keep up with their buying habits, how many times they visit, now when was their last visit along with what special events they've got coming. Your pos system then will be able to sort these into groups that needs to be sent mailers, coupons, invitations to special events or simply just told that they are appreciated and required to visit you again. When you have competition you need a pos system.
b. Gift certificates have become the norm for thus many companies today. A whole industry continues to be formed round the old concept of giving a paper gift certificate. Today, you will discover gift certificates at most major checkout lines. A point of sale system should be able to sell, redeem and control balances on your own gift certificate program. No longer do you want a magazine of certificates which can be saved in the safe. Today, you simply need a collection of blank plastic cards together with your colorful logo in it. Prepaid credit cards carry no balance and possess no cash value until sold plus a balance placed on account. As a possible owner you ought to have a number of these cards with you. Each one of these cards may have a little balance on them for you to hand out to drag people to your restaurant or give in case of a poor experience to help bring someone back. Think of prepaid cards since your personal marketing tool. If the customer looks in their purse or wallet and sees your logo they shall be reminded to come visit you. If you utilize gift certificates or gift cards you need a pos system.
1. Its not necessary Any longer 'Partners'.
Sure you'll need gift cards. Yes you have to better understand your customer's buying habits. You must have to get bank cards integrated along with your pos system. You'll need enhanced reporting and export of these reports to electronic accounting and payroll services. You have to eliminate errors, reduce mistakes and track of your payroll. But greater than any of these you don't need anymore partners. Specially the ones that place their area of the profits prior to getting yours. We're referring to the servers, waitresses, bartenders and cashiers who:
a. Undercharge customers so they can improve their very own tips. Show a $5 tab plus a $50 tip. (Yes, I have seen this!)
b. Deliberately void or delete a product after it has been paid for.
c. Stuff coupons in to the cash drawer in return for cash.
d. Don't charge customers for soft beverages to boost their tips.
e. Ring up a reduced priced item (well brand) and serve an increased priced item (premium brand)
f. Give discounts to their friends.
g. In the buffet line, ring up a buffet and a tea. Reprint this ticket Ten times and sell and collect for their own reasons these reprinted receipts instead of ringing up clients.
If you wish to remain in business, you need a point of sale system.