10. You've got employees.
For those who have employees you are available to theft, sweet-hearting and careless mistakes. You will need a point of sale system to handle the workers, enforce your policies and insure your money reaches you.
9. Pricing and Math Errors.
It's still amazing the number of restaurants still use a calculator and written tickets. In accordance with studies made by various institutions you are open to math and pricing mistakes totaling more than 1% of your annual volume. Inside a restaurant doing less than $1,300 per day that might add up to $4,700 each year. (Under the buying price of our 2-terminal Sweet Deal Package) To remove pricing and math errors you'll need a point of sale system.
8. Time In Attendance.
Employee payroll is one of the most overlooked and most easily managed parts of your profit and loss statement. For those who have 12 employees each of these clocks in 5 minutes early a day, that equates to One hour per day of extra payroll. Despite minimum wage plus benefits this might equal to $6 - $8 each day or higher $2,900 each year. This figure doesn't consider the total man-hours it takes to compute time cards and then set of the amount of time helped each employee. This really is time that you could be spending elsewhere. If you have several as 5 employees you need a pos system.
7. Reducing Theft.
This is the original reason for the invention with the cash register during the late 1800's. Even when a lot of the businesses were family owned and run there is an excuse for a money register to reduce theft. Nowadays of hiring employees to aid staff and manage your store there is certainly even greater dependence on this type of control. For many years we now have been aware of the tendencies of people with regard to theft. 10% of those wouldn't steal if giving the opportunity. 10 % of individuals are likely to steal regardless of what safeguards have established yourself. 80% of individuals will steal if because of the opportunity. Pos systems are put in position to protect against the 80% making it harder for them to steal from you.
6. Speed and services information.
There is just one thing we are able to think of that may drive customers away quicker than bad food and that's slow service. When a customer places their order their particular internal clock is running in overdrive. Regardless how long they took to go over the menu and also to get their order, when they have provided your server or cashier their order their hunger clock is speeding along faster than an admirer on high! You'll need a fast, reliable way to get orders to your system. This will mean a terminal which is fast, easy to understand and quick to reply to the touch from the server, cashier or bar tender. The system should also distribute an order properly for the kitchen prep station or bar. Your pos system must also measure your speed and services information and report on how you are doing. Decreasing the time it takes to get your customer's their food is critical and can even make up for less quality. For proof I give you some of the major take out chains. Is their popularity in relation to the best tasting, best dressed and finest served burger or speed of service? If you wish to accelerate your customer support you'll need a point of sale system.
5. Enhanced Reporting.
What's the usage of using a computer and not benefiting from the power? If all you need is to get a total amount of income within the drawer that sometimes matches towards the quantity of sales gone over with you probably do not require an item of sale system. However, if you would like more detail and information to help manage your operation making it more profitable you will want a point of sale system. It once was that having a good product was enough to help you get by. Now it will take far more information so that you can contend with all the other restaurants in your market which are all trying to find the identical customer you've got seated within your restaurant. You need to understand the buying habits of the customers. What are they ordering? When are they ordering it? What is your most profitable item? What number of it did you sell? What items on your menu usually are not selling? If you cannot answer most of these questions with total confidence inside your answers then you need a point of sale system. If you hesitate to properly answer (without guessing) these questions you will need a pos system.
4. Exporting of knowledge along with other Systems.
Even most small enterprises today involve some form of electronic accounting in position either in their operation or through an accounting service. Furthermore, most businesses have an electronic payroll service or software that produces payroll. Pos 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 often contributes to mistakes and human error. When you have an electronic accounting or payroll service/software or perhaps in order to track the sales in Excel, you'll need a point of sale system.
3. Integrated Charge cards.
If you are not currently taking charge cards like a form of payment you need to start today. Don't worry the fees. The loss of business that you are suffering in the present plastic minded economy will more than compensate for the fees charged. If you are currently taking bank cards by way of a stand-alone terminal you may be being charged exorbitant fees for your terminal whenever you could possibly be processing using your point of sale system. Sometimes, the removal of the terminal rental covers the cardboard interface in less than a year. With integrated charge card processing you're assured that the amount of the sale will match the amount charged on the charge card, eliminating the need to go back and match individual sales when the charge card batch will not match bank card sales. When high-speed Online connections are utilized to process charge cards we receive approvals in less than 2 seconds. Will no longer is slower speed and services information a justification not to take credit cards. If you wish to quickly, accurately and smoothly process charge cards you need a point of sale system.
2. Competitive Marketing.
a. Frequent Diner Modules. Who're your visitors? What do they're buying? How many times do they visit? Of the frequent visitors, who has not been in to look at you costs month? Of one's frequent visitors, who has a wedding day coming this month? They are questions that you need to possess the response to. All of the chains causing all of your competition are after individuals who arrive at your restaurant. They would like to bring them for their own reasons. How are you likely to take on the huge amounts of dollars being spent to attract your customer away? By marketing your operation along with your menu. Your pos system will be able to manage your customer base, match their buying habits, how often they visit, just when was their last visit and just what events they have approaching. Your pos system then should be able to sort these into groups that ought to be sent mailers, coupons, invitations to special events or simply told that they're appreciated and inspired to visit you again. When you have competition you will need a point of sale system.
b. Gift certificates are becoming typical for so many companies today. An entire industry continues to be formed round the old notion of giving a paper gift cards. Today, you will discover on the net at most of the major checkout lines. An item of sale system should be able to sell, redeem and control balances for your own personel gift certificate program. No longer do you want a novel of certificates that are kept in the safe. Today, you just need a collection of blank plastic cards with your colorful logo in it. Prepaid cards carry no balance and also have no cash value until sold plus a balance put on account. As an owner you should keep a number of prepaid credit cards together with you. All these cards might have a small balance to them so that you can hand out to tug customers to your restaurant or cave in case of an undesirable experience to aid bring someone back. Consider these cards as your personal advertising tool. When the customer looks inside their purse or wallet and sees your logo they will be reminded in the future visit you. If you are using gift certificates or gift cards you'll need a point of sale system.
1. You do not need Any More 'Partners'.
Sure you will need on the net. You need to better understand your customer's buying habits. You absolutely need to possess bank cards integrated together with your point of sale system. You'll need enhanced reporting and export of such reports to electronic accounting and payroll services. You need to eliminate errors, reduce mistakes and keep tabs on your payroll. But a lot more than any of these you don't need anymore partners. Particularly the ones that take their area of the profits prior to getting yours. We're discussing the servers, waitresses, bartenders and cashiers who:
a. Undercharge customers so they can improve their own tips. Show a $5 tab and a $50 tip. (Yes, I have come across this!)
b. Deliberately void or delete something once it has been taken care of.
c. Stuff coupons to the cash drawer in return for cash.
d. Don't charge customers for soft beverages to boost their tips.
e. Ring up a lower priced item (well brand) and serve an increased priced item (premium brand)
f. Give discounts to their friends.
g. In a buffet line, ring up a buffet along with a tea. Reprint this ticket Ten times then sell and collect on their own these reprinted receipts instead of ringing up new customers.
If you want to be in business, you need a point of sale system.