10. You have employees.
If you have employees you are ready to accept theft, sweet-hearting and careless mistakes. You need a pos system to control your employees, enforce your policies and insure that the money gets to you.
9. Pricing and Math Errors.
It is still amazing the amount of restaurants still utilize a calculator and written tickets. In accordance with studies made by various institutions you might be open to math and pricing mistakes totaling over 1% of one's annual volume. Inside a restaurant doing as little as $1,300 daily that might soon add up to $4,700 per year. (Lower 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 one of the most overlooked and a lot easily managed servings of your profit and loss statement. For those who have 12 employees each of them clocks in five minutes early a day, that means One hour per day more payroll. Despite having minimum wage plus benefits this might add up to $6 - $8 each day or older $2,900 annually. This figure doesn't take into account the total man-hours it takes to compute time cards and then report on the amount of time worked for each employee. This is time that you could be spending elsewhere. If you have a few as 5 employees you will need a point of sale system.
7. Reducing Theft.
This is actually the original reason behind the invention with the cash register within the late 1800's. Even when most of the businesses were family owned and run there is any excuses for a money register to reduce theft. Nowadays of hiring employees to help staff and manage your store there is certainly sustained need for this sort of control. For a long time we now have known about the tendencies of men and women pertaining to theft. 10% of individuals wouldn't steal if giving the opportunity. 10 percent of the people are likely to steal regardless of what safeguards are in place. 80% of those will steal if given the opportunity. Pos systems they fit in place to guard up against the 80% and make it more challenging to allow them to steal from you.
6. Speed of Service.
There's only 1 thing we can think about that may drive customers away quicker than bad food and that's slow service. When a customer places their order their own internal clock is running in overdrive. No matter how long they popularized look over recption menus and also to placed their order, when they have given your server or cashier their order their hunger clock is speeding along faster than a follower on high! You will need a fast, reliable way of getting orders into your system. This should mean a terminal which is fast, clear to see and quick to respond to the touch with the server, cashier or bar tender. The device should also distribute the order properly to the kitchen prep station or bar. Your pos system must also measure your speed and services information and report on the method that you do. Lowering the time it takes to get a customer's their food is critical and can even make up for less quality. For proof I provide you with a number of the major take out chains. Is popularity based on the most effective tasting, best dressed and finest served burger or speed and services information? In order to accelerate your customer support you need a pos system.
5. Enhanced Reporting.
What's the utilization of using a computer rather than using the power? If you simply need to have a amount of cash within the drawer that sometimes matches towards the amount of sales gone over with you probably do not require an item of sale system. However, if you'd like more information and detail to help manage your operation and make it more profitable you will want an item of sale system. It was once that having a good product was enough to help you get by. Now it takes much more information in order to compete with all the other restaurants inside your market that are all looking for the identical customer you've got seated within your restaurant. You must know the buying habits of your customers. What are they ordering? When are they ordering it? What is your most profitable item? What percentage of it have you sell? What items on your menu aren't selling? If you can't answer most of these questions with total confidence inside your answers you'll need a point of sale system. Should you hesitate to answer (without guessing) some of these questions you will need a point of sale system.
4. Exporting of Data to Other Systems.
Even most smaller businesses today have some form of electronic accounting in position in a choice of their operation or with an accounting service. In addition, most businesses have an electronic payroll service or software that creates payroll. Pos systems capture critical data for you and then export this data in formats that automatically put this information into accounting and payroll packages, eliminating hours of tedious manual input that often contributes to mistakes and human error. For those who have an electronic accounting or payroll service/software or even in order to track the sales in Excel, you need a pos system.
3. Integrated Charge cards.
If you're not currently taking bank cards like a form of payment you should start today. Let alone the fees. Losing business that you are suffering in the present plastic minded economy will a lot more than make amends for the fees charged. In case you are currently taking bank cards by way of a stand-alone terminal you will be being charged exorbitant fees for your terminal whenever you could possibly be processing using your point of sale system. In some instances, the removal of the terminal rental will cover the cardboard interface in under a year. With integrated charge card processing you might be assured how the quantity of the sale will match the amount charged about the bank card, eliminating the requirement to return back and match individual sales once the charge card batch doesn't match credit card sales. When high-speed Web connections are employed to process credit cards we receive approvals in under 2 seconds. No longer is slower speed and services information a reason never to take charge cards. If you wish to quickly, accurately and smoothly process bank cards you will need a point of sale system.
2. Competitive Marketing.
a. Frequent Diner Modules. Who are your customers? Exactly what do they buy? How often can they visit? Of your frequent visitors, who has not been into help you in the past month? Of the frequent visitors, with a wedding day coming this month? These are questions that you should have the response to. All the major chains and all of your competitors need individuals who arrive at your restaurant. They would like to take them on their own. How are things planning to compete with the huge amounts of dollars being spent to attract your customer away? By marketing your operation along with your menu. Your pos system can manage your customer base, maintain their buying habits, how often they visit, now when was their last visit and just what special events they've got coming up. Your pos system then should be able to sort these into groups that should be sent mailers, coupons, invitations to special occasions or just told they are appreciated and asked to visit you again. If you have competition you need a point of sale system.
b. On the net have become standard for thus many businesses today. A complete industry continues to be formed round the old concept of giving a paper gift certificate. Today, you'll find gift certificates at most of the major checkout lines. An issue of sale system should be able to sell, redeem and control balances for your own coupon program. No more do you really need a novel of certificates which can be saved in the safe. Today, all you need is twenty pieces of blank plastic cards with your colorful logo to them. These cards carry no balance and also have no cash value until sold plus a balance positioned on account. Being an owner you ought to have a few of these cards along with you. All these cards could have a little balance in it for you to offer to pull visitors to your restaurant or give in case of an undesirable experience to aid bring someone back. Consider these cards since your personal advertising tool. Once the customer looks within their purse or wallet and sees your logo they will be reminded to come visit you. If you utilize gift certificates or gift cards you'll need a point of sale system.
1. You do not need Any More 'Partners'.
Sure you'll need gift certificates. Yes you must better understand your customer's buying habits. You must have to possess charge cards integrated along with your point of sale system. You'll need enhanced reporting and export of those reports to electronic accounting and payroll services. You should eliminate errors, reduce mistakes and tabs on your payroll. But a lot more than any of these you do not need any longer partners. Particularly the ones that place their part of the profits prior to getting yours. We're talking about 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 after it has been covered.
c. Stuff coupons into the cash drawer in exchange for cash.
d. Don't charge customers for soft beverages to enhance their tips.
e. Ring up a lower priced item (well brand) and serve a greater priced item (premium brand)
f. Give discounts to their friends.
g. Inside a buffet line, ring up a buffet plus a tea. Reprint this ticket 10 times and then sell and collect for themselves these reprinted receipts rather than ringing up clients.
In order to remain in business, you'll need a pos system.