Retail establishments survive and thrive by profiting from their services. However, profit means more than simply earning more money than what was put into each product. Watch the video below as Tim explains how to get the best inventory optimization for your retail establishment using our retail POS system. Having a profitable business means knowing
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Not all of your employees have the same status. Managers need to have access to information that should not be offered to cashiers. New hires may need a probation period before they have permission to see specific components of your point-of-sale and inventory system. This can be difficult if you don’t have a system in
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Does your business have multiple locations? Do you struggle with keeping track of inventory from store to store? Do you find yourself running short on supplies at one location while having a surplus at others? Are you confused about inventory management? These are issues that are unfortunately common in both retail and food service establishments
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Big or small—grocery store owners understand the complicated mix of maximizing profitability and efficiency with what consumers want. It’s challenging because of the rise in awareness of environmental degradation and the number of people wanting to know about food sources coupled with food sensitivities and allergies. It’s an ever-changing industry. Here are the top 4
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Summer is almost over and the kids are about ready to go back to school. Is your retail store ready for fall? Here are 6 ways to prepare. 1.Mark Down Summer Merchandise Depending on where your retail store is located, it’s probably safe to say that any, swimsuits, beach gear, summer clothes etc. are not
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Do you open your cash register drawer and just deposit money without any type of system or checks and balances? If you do, you could be damaging your business without even knowing it. Why? Because balancing your cash register drawer has to do with all kinds of payment methods like mobile payments, credit/debit, checks, and
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Starting up a small retail business can be scary. You need more than just passion and drive. First, you need to do some research to see what works best for you and where the market is trending. Here are 3 small business retail ideas. We’ve also included some Point-of-Sale (POS) system information as well, because
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The days of businesses only accepting cash as a form of payment are almost extinct. According to a 2018 survey by TSYS, 80% of those surveyed prefer credit or debit as forms of payment. Many businesses realize that in order to stay competitive, accepting cards are a must. But what happens if a power outage
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Monitoring and measuring your retail business’ inventory KPIs (key performance indicators) against a predefined set of metrics is key to your progress. By continuously doing this you can spot trends and gain insight that can help you make better decisions about your inventory. There are quite a few things to track, but where is a
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It’s one of the most widely used forms of consumer communication—SMS messaging. With a 98% text open rate vs a 20% email open rate, it’s clear to see why so many businesses are including SMS text marketing as a part of their strategy to boost sales. In this two-way communication between customer and business, there
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