Businesses are always looking for faster, more efficient ways of doing things. For this reason, many of them have ditched their cash registers and made the transition to point of sale (POS) systems. In a nutshell, a cash register is a machine that records sales transactions, gives change and holds money. A POS system is
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A cash register is a standard piece of equipment in any retail or foodservice operation. The first true cash register was invented in 1879 by saloon owner James Ritty. The Ritty model cash register became the basis for cash registers used around the world. Though cash registers became motorized and even computerized, for more than
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Thrift store owners have unique needs that aren’t experienced by other retail establishments. They may need most, if not all, of their inventory to come from donations. They often operate as charitable or not-for-profit organizations. Thrift shops must inventory and tag unique items as soon as they are donated. Because of these distinctive factors and
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Thrift store owners have a lot of balls in the air. They must accept price and inventory donations. They must ensure adequate cash flow is going through their charitable practice. In most cases, they must also find ways to balance ordered inventory with their many donated items. In a perfect world, all of this would
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A donation roundup is an easy and increasingly common way to give to charity. The idea behind the donation roundup is a simple one. The point of sale gives the total amount of the bill to the customer. The cashier then asks if the customer wants to round up to the next dollar amount to
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A loyalty system is no longer a bonus. It is now an expected part of doing business. Many consumers base their shopping on the type of reward system offered. Studies have repeatedly shown that loyalty programs truly increase loyalty. Watch the video below as Tim explains how to manage customer loyalty with Bepoz POS.
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Color rotation of price tags to track discounts is not a new idea. Thrift Stores have been marking down their prices with the aid of color for decades. In fact, it is such a common occurrence that shoppers automatically equate certain colors with discounts. The Psychology of Color Coding Color coding or color tagging
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Thrift shops are often sadly forgotten in the world of point-of-sale systems. These businesses provide a valuable service to their communities by offering donated goods at affordable prices. Because these shops often operate with low margins, it is important that they keep careful track of all inventory. Like other retail establishments, thrift shops need POS
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No matter what size of business you have, compiling data is just one step in improving and enhancing your business. However, the larger you grow, the more difficult this is and the more time it takes. You must be able to easily and clearly see that data across all your locations. You must be able
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Spreadsheets are great tools that have been used by companies for years. There is no doubt that they are useful for sorting data and simplistic information. Unfortunately, Excel spreadsheets aren’t always the easiest or most intuitive choices. They are also time-consuming. Lastly, and arguably most notably, user errors are rampant with spreadsheets, which leaves data
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