10. You've got employees.
If you have employees you are open to theft, sweet-hearting and careless mistakes. You will need a point of sale system to control the workers, enforce your policies and insure that your money grows to you.
9. Pricing and Math Errors.
It's still amazing the number of restaurants still use a calculator and written tickets. Based on studies done by various institutions you might be available to math and pricing mistakes totaling over 1% of one's annual volume. In the restaurant doing less than $1,300 daily that will equal to $4,700 per year. (Under the buying price of our 2-terminal Sweet Deal Package) To eliminate pricing and math errors you need a pos system.
8. Time In Attendance.
Employee payroll is among the most overlooked and many easily managed parts of your profit and loss statement. If you have 12 employees each of these clocks in 5 minutes early per day, that equals An hour daily of extra payroll. Despite minimum wage plus benefits this might equal to $6 - $8 each day or older $2,900 each year. This figure doesn't consider the total man-hours it will take to compute time cards after which directory the hours worked for each employee. This really is time you could be spending elsewhere. For those who have several as 5 employees you'll need a point of sale system.
7. Reducing Theft.
Here is the original reason for the invention of the cash register back in the late 1800's. Even if a lot of the businesses were family owned and run there is an excuse for a cash register to lessen theft. In today's world of hiring employees to help staff and manage your store there is certainly sustained requirement for this type of control. For years we now have known about the tendencies of people regarding theft. 10% of the people wouldn't steal if giving the ability. Ten percent of individuals are going to steal it doesn't matter what safeguards are in place. 80% of the people will steal if due to the opportunity. Pos systems they fit set up to guard up against the 80% to make it more difficult to allow them to steal by you.
6. Speed and services information.
There is only 1 thing we could consider which will drive customers away quicker than bad food and that's slow service. Whenever a customer places their order their particular internal clock is running in overdrive. Regardless of how long they popularized check out the menu and to place their order, once they have provided your server or cashier their order their hunger clock is speeding along quicker than a fan on high! You'll need a fast, reliable way of getting orders into your system. This should mean a terminal that is fast, straightforward and quick to reply to the touch of the server, cashier or bar tender. The machine must also distribute your order properly for the kitchen prep station or bar. Your pos system must also measure your speed and services information and directory the way you are doing. Reducing the time it takes to get the customer's their meals are critical and may even replace with less quality. For proof I give you a number of the major fast food chains. Is popularity based upon the most effective tasting, best dressed and best served burger or speed of service? If you want to accelerate your customer support you need a pos system.
5. Enhanced Reporting.
What's the usage of creating a computer and never taking advantage of the ability? If all you need is to possess a total amount of cash within the drawer that sometimes matches for the level of sales shown you probably have no need for a point of sale system. However, if you'd like more information and detail to assist manage your operation and make it more profitable you'll need a point of sale system. It was once that using a good product was enough to help you get by. Now it takes much more information to be able to compete with all the other restaurants in your market which can be all searching for the identical customer you've seated inside your restaurant. You must understand the buying habits of the customers. Exactly what are they ordering? When could they be ordering it? What's your most profitable item? How many of it do you sell? What items in your menu aren't selling? If you cannot answer all of these questions with total confidence within your answers you'll need a point of sale system. In the event you hesitate to correctly answer (without guessing) these questions you'll need a point of sale system.
4. Exporting of information with other Systems.
Even most small enterprises today possess some type of electronic accounting in position in a choice of their operation or via an accounting service. Furthermore, most businesses come with an electronic payroll service or software that creates payroll. Point of sale systems capture critical data to suit your needs and then export this data in formats that automatically put this info into accounting and payroll packages, eliminating hours of tedious manual input that usually leads to mistakes and human error. When you have an electric accounting or payroll service/software as well as in order to track profits in Excel, you will need a pos system.
3. Integrated Credit Cards.
If you are not currently taking bank cards like a form of payment you have to start today. Don't worry the fees. The loss of business that you will be suffering in the current plastic minded economy will a lot more than compensate for the fees charged. In case you are currently taking credit cards via a stand-alone terminal you could be charged exorbitant fees for that terminal once you could be processing through your pos system. In some cases, the reduction of the terminal rental will pay for the charge card interface in under a year. With integrated charge card processing you might be assured how the level of the sale will match the amount charged around the bank card, eliminating the need to go back and match individual sales once the credit card batch doesn't match charge card sales. When high-speed Online connections are used to process credit cards we receive approvals in under 2 seconds. No longer is slower speed and services information a reason not to take credit cards. In order to quickly, accurately and smoothly process credit cards you'll need a pos system.
2. Competitive Marketing.
a. Frequent Diner Modules. Who're your clients? Exactly what do they are buying? How often will they visit? Of the frequent visitors, who was not directly into help you during the past month? Of the frequent visitors, with a big day coming this month? They're questions that you should possess the response to. All of the chains and every one of your competition are after those who arrive at your restaurant. They would like to take them for themselves. How are things going to compete with the huge amounts of dollars being spent to draw your customer away? By marketing your operation along with your menu. Your pos system will be able to manage your client base, maintain their buying habits, how frequently they visit, now when was their last visit along with what events they've got approaching. Your point of sale system then can sort these into groups that ought to be sent mailers, coupons, invitations to special events or simply just told that they are appreciated and required to visit you again. If you have competition you will need a pos system.
b. Gift cards have become standard for therefore many businesses today. A whole industry has been formed round the old notion of giving a paper gift certificate. Today, you'll find gift certificates at most major checkout lines. An issue of sale system will be able to sell, redeem and control balances for your own personel gift card program. Will no longer do you need a magazine of certificates which can be held in the safe. Today, you just need a collection of blank plastic cards together with your colorful logo to them. Prepaid cards carry no balance and possess no cash value until sold and a balance put on account. Being an owner you ought to maintain a number of prepaid credit cards together with you. Each one of these cards could have a little balance to them that you should hand out to pull people to your restaurant or to cave in the event of an unhealthy experience to assist bring someone back. Think of these cards as your personal marketing strategy. When the customer looks within their purse or wallet and sees your logo they'll be reminded in the future visit you. If you utilize gift cards or gift cards you will need a point of sale system.
1. You Don't Need Anymore 'Partners'.
Sure you need gift certificates. You actually have to better understand your customer's buying habits. You absolutely need to get charge cards integrated with your point of sale system. You 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 more than these you do not need any longer partners. Especially the ones that take their area of the profits before you get yours. We are discussing the servers, waitresses, bartenders and cashiers who:
a. Undercharge customers in order to enhance their own tips. Show a $5 tab along with a $50 tip. (Yes, I have come across this!)
b. Deliberately void or delete a product after it has been paid for.
c. Stuff coupons into the cash drawer in exchange for cash.
d. Don't charge customers for soft beverages to boost their tips.
e. Ring up a lesser priced item (well brand) and serve an increased priced item (premium brand)
f. Give discounts for their friends.
g. In a buffet line, ring up a buffet along with a tea. Reprint this ticket 10 x then sell and collect for themselves these reprinted receipts as opposed to ringing up clients.
In order to be in business, you will need a point of sale system.