10. You have employees.
If you have employees you're ready to accept theft, sweet-hearting and careless mistakes. You'll need a pos system to manage the employees, enforce your policies and insure your money reaches you.
9. Pricing and Math Errors.
It's still amazing the number of restaurants still make use of a calculator and written tickets. Based on studies created by various institutions you are available to math and pricing mistakes totaling more than 1% of your annual volume. In a restaurant doing less than $1,300 per day that might equal to $4,700 annually. (Less than the cost of our 2-terminal Sweet Deal Package) To remove pricing and math errors you will need a point of sale system.
8. Time In Attendance.
Employee payroll is among the most overlooked and many easily managed servings of your profit and loss statement. If you have 12 employees and every of these clocks in 5 minutes early a day, that means 1 hour per day of extra payroll. Despite minimum wage plus benefits this might equal to $6 - $8 each day or older $2,900 each year. This figure doesn't consider the total man-hours it takes to compute time cards then report on the hours helped each employee. This can be time that one could be spending elsewhere. For those who have a couple of as 5 employees you'll need a pos system.
7. Reducing Theft.
This is actually the original basis for the invention from the cash register back in the late 1800's. Even though the majority of the businesses were family owned and run there is an excuse for a cash register to lessen theft. In today's world of hiring employees to aid staff and manage your store there is certainly even greater need for this type of control. For many years we have been aware of the tendencies of individuals regarding theft. 10% of the people wouldn't steal if giving the ability. Ten percent of the people are likely to steal it doesn't matter what safeguards are in place. 80% of those will steal if given the opportunity. Point of sale systems are positioned set up to shield against the 80% to make it more difficult for them to steal by you.
6. Speed and services information.
There's only 1 thing we can think about which will drive customers away faster than bad food and that's slow service. When a customer places their order their particular internal clock is running in overdrive. Regardless of how long they latched onto go over the menu and to get their order, when they have given your server or cashier their order their hunger clock is speeding along quicker than a follower on high! You'll need a fast, reliable way of getting orders to your system. This would mean a terminal that is fast, straightforward and quick to reply to the touch of the server, cashier or bar tender. The system should also distribute an order properly for the kitchen prep station or bar. Your pos system also needs to measure your speed and services information and report on the way you are going to do. Reducing the who's requires to get your customer's their meals are critical and can even make up for less quality. For proof I provide you with a number of the major fast food chains. Is popularity in relation to the very best tasting, best dressed and best served burger or speed of service? If you wish to accelerate your customer service you will need a point of sale system.
5. Enhanced Reporting.
Is there a usage of having a computer and not taking advantage of the power? If you just need to possess a total amount of cash within the drawer that typically matches towards the amount of sales shown you probably do not require a point of sale system. However, if you would like more detail and information to help manage your operation making it more profitable you'll need an issue of sale system. It used to be that using a good product was enough to get you by. Now it will take a lot more information to be able to compete with all the other restaurants within your market that are all looking for the identical customer you have seated within your restaurant. You must know the buying habits of one's customers. What are they ordering? When is it ordering it? What exactly is your most profitable item? How many of it do you sell? What items on your own menu usually are not selling? If you fail to answer all of these questions with total confidence within your answers you will want a point of sale system. In the event you hesitate to answer (without guessing) some of these questions you will need a point of sale system.
4. Exporting of knowledge along with other Systems.
Even most small enterprises today involve some type of electronic accounting in place in a choice of their operation or via an accounting service. In addition, most businesses provide an electronic payroll service or software that can cause payroll. Point of sale systems capture critical data for you personally and then export this data in formats that automatically put this information into accounting and payroll packages, eliminating hours of tedious manual input that usually results in mistakes and human error. When you have an electronic accounting or payroll service/software as well as if you wish to track your sales in Excel, you'll need a pos system.
3. Integrated Bank cards.
If you're not currently taking credit cards being a kind of payment you need to start today. Don't worry the fees. Losing business that you are suffering in the present plastic minded economy will more than atone for the fees charged. If you're currently taking bank cards by way of a stand-alone terminal you will be paying exorbitant fees for that terminal once you could be processing through your pos system. Sometimes, the reduction of the terminal rental will pay for the cardboard interface in less than a year. With integrated bank card processing you're assured that the quantity of the sale will match the total amount charged around the charge card, eliminating the need to go back and match individual sales if the bank card batch will not match bank card sales. When high-speed Web connections are utilized to process credit cards we receive approvals in under 2 seconds. Will no longer is slower speed of service a justification never to take credit cards. If you wish to quickly, accurately and smoothly process bank cards you need a point of sale system.
2. Competitive Marketing.
a. Frequent Diner Modules. Who are your clients? What can they're buying? How often can they visit? Of your frequent visitors, who has not been into look at you during the past month? Of the frequent visitors, who has a special day coming up this month? They're questions that you ought to hold the reply to. All of the chains causing all of your competitors need individuals who come to your restaurant. They want to drive them for their own reasons. How's it going planning to compete with the vast amounts of dollars being spent to draw your customer away? By marketing your operation as well as your menu. Your point of sale system can manage your customer base, maintain their buying habits, how many times they visit, when was their last visit along with what special occasions they've got approaching. Your point of sale system then should be able to sort these into groups that should be sent mailers, coupons, invitations to special events or just told that they are 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 businesses today. An entire industry may be formed around the old concept of giving a paper gift certificate. Today, you'll find on the net at most major checkout lines. An issue of sale system should be able to sell, redeem and control balances for your own coupon program. No longer do you need a novel of certificates that are held in the safe. Today, you just need a stack of blank plastic cards along with your colorful logo on them. Prepaid cards carry no balance and possess no cash value until sold along with a balance put on account. As an owner you should have a number of these cards with you. Each of these cards could have a small balance in it for you to give away to pull visitors to your restaurant or to give in case of an undesirable experience to help bring someone back. Consider prepaid credit cards as the personal marketing strategy. When the customer looks in their purse or wallet and sees your logo they shall be reminded in the future visit you. If you utilize gift cards or gift cards you need a point of sale system.
1. Its not necessary Any longer 'Partners'.
Sure you will need gift certificates. Yes you need to better understand your customer's buying habits. You must have to get credit cards integrated along with your pos system. You'll need enhanced reporting and export of those reports to electronic accounting and payroll services. You have to eliminate errors, reduce mistakes and a record of your payroll. But more than these its not necessary anymore partners. Particularly the ones that get their portion of the profits prior to getting yours. We're referring to the servers, waitresses, bartenders and cashiers who:
a. Undercharge customers so they can improve their very own tips. Show a $5 tab plus a $50 tip. (Yes, I've come across this!)
b. Deliberately void or delete an item after it has been taken care of.
c. Stuff coupons into the cash drawer in substitution for cash.
d. Don't charge customers for soft beverages to boost their tips.
e. Ring up a reduced priced item (well brand) and serve a greater priced item (premium brand)
f. Give discounts to their friends.
g. In the buffet line, ring up a buffet plus a tea. Reprint this ticket Ten times and sell and collect on their own these reprinted receipts as opposed to ringing up new clients.
If you wish to be in business, you need a pos system.