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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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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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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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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It can be a big let down, frustration, or even deterrent to customers when they find out you are a cash-only business, especially if they want to buy something with no cash on hand. While it’s standard practice to accept electronic payment these days, perhaps your business is considered high-risk, which is the reason why
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In our digital society, accepting cash-only at your business may be becoming more of a detriment to your bottom line. In 2017, 78% of consumers, through a survey, said they prefer to pay for goods or services with credit or debit cards. In order to stay competitive, it’s almost a must that you accept several
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As point-of-sale (POS) technology continues to advance, the cash registerbegins to fade away seeming more and more like a vintage machine. POS systems make life a lot easier for retail/restaurant owners and employees. It’s not just useful for sales transactions, but it offers many other useful features as well. Today we keep things basic by
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The holidays are over and it’s now time to start collecting invoices and receipts as that first step toward tax filing. It’s not always the most fun task, unless of course, you’re finding ways to save money for your business. That is what we’ve set out to do—help you find money for your business. Here is
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Every business requires extra funds from time to time. Whether you have a current challenge or foresee a future one, it’s good to know your financial options. Do you know the difference between a business loan vs. a merchant cash advance (MCA)? Which one would work best for your business? Today we take a little
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