If your commercial operation involves initiating transactions to exchange payment for goods sold, a Point of Sales (POS) system is a must. What is even more important is that the system you implement to perform these tasks is capable of doing its job on a consistent basis, the success and reputation of your business requires
Read MoreWhile it might seem to some that running a bar is a highly lucrative business, the reality is that there are many expenses that can dramatically cut into the profitability of your establishment. Everything from rent and utilities in a popular area of town to employee salaries and benefits can significantly drive down the margins
Read MoreThe importance of having a top notch point of sale system cannot be overstated. A good point of sale system will not just process client transactions but also make it possible for a hotel to keep track of important client information, log rewards given to long-term customers and keep track of inventory. A good system
Read MoreDo you ever think about the technology used in restaurants today? Restaurant technology has come a long way since the 1st restaurant ever opened it’s doors. As a POS software company that makes restaurant software, we’re constantly looking at how technology is used in restaurants. The POS system is only one example of how far
Read MoreSince the 1970s, point of sale systems (POS) have been streamlining customer purchases, and as digital technology has advanced, the software’s multi-tasking abilities have steadily increased. Today, a POS software package organizes information, manages inventory, generates reports, records and analyzes sales and transaction data, and merges with accounting software. It is a complex system and
Read MoreBusinesses 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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According to the National Restaurant Association, more than four out of 10 consumers have recently used a computer or tablet device to read a restaurant menu, make reservations or order food. You can leverage such increasing shifts toward digital dining by using digital menus to efficiently showcase the dishes you want to sell the most
Read MoreIs it more beneficial to serve more diners, or encourage those you do have to stay and enjoy some high-profit-margin desserts? Here are some factors to consider when determining which is more profitable. Consider the extraneous costs associated with each transaction. According to Expansion Advance, the average food cost for a restaurant should ideally range
Read MoreCould giving your diners a salty incentive in the form of free chips and salsa lead them to order more of the high-profit-margin drinks that really drive your revenue? Here’s a look at how this popular freebie may help deliver more profit for every customer served. They allow you to upsell when customers are
Read MoreOffering free appetizers to diners who visit your restaurant will cost you some money, but there are some circumstances when free appetizers may result in customers spending more at your restaurant than they otherwise might, ultimately boosting your revenue, and possibly, profit margins. Here’s a look at some surprising reasons giving your customers a free
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