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How to Expand your Retail Business: 7 Retail Expansion Strategies to try Today

How to Expand your Retail Business: 7 Retail Expansion Strategies to try Today

Did you know that 45% of new businesses fail during the first five years? Growing a retail business is both a challenging and exciting process. After going through all the challenges and successfully coming out with a profitable business, it is only normal to seek ways to expand your business. In reality, many retail business owners today find themselves in this kind of situation. There is no “one absolute way” to expand a small business. There are so many ways retail expansion can be done,

Edward

Edward

What Makes a Coffee-shop Successful?

What Makes a Coffee-shop Successful?

The motivation of any business is to bring joy to its customers. Therefore, when we talk about the purpose of a coffee-shop, we should consider the expectations of the consumers. Coffee is the second most popular drink to be consumed after water in the world and is preferred by millions of people due to its unique taste and its energizing effects. However, when it comes to choosing between one coffee shop or another, many factors make the difference. The idea behind a cafe Even though

Ashly

Ashly

Now is the time, when is important to  experiment with formats  and embrace the shoppers

Now is the time, when is important to experiment with formats and embrace the shoppers

It is the time for the shop owners, when it is necessary to breakthrough by focusing both on customers (shoppers) who are existing customers, and on a new customers as well. It is a good to experiment with a combinations - creating a hybrid of different formats: like combining a coffee shop, with delivery options and offering there as well necessary products for the nearby living people.  For the small outlets it is the time, of the unifying  hybrid formats of shops-cafes. Combining offline

Elias

Elias

Working from a cafe

Working from a cafe

Many people do their jobs from a cafe. Cafe as a working place is popular among freelancers as well as for office workers.  Freelancers often find it difficult to work at home and lose concentration Working at home, we often get distracted and lose motivation. Often we associate home as a place to relax. If you have to do your tasks at home, such as reading articles and researching materials for future work, we need to spend much more time than the job itself requires. Sometimes we can

Ashly

Ashly

Why are some coffee shops growing into successful chains, and some are hardly getting cash positive as single outlets?

Why are some coffee shops growing into successful chains, and some are hardly getting cash positive as single outlets?

One of my friends started a coffee shop as an individual business three years ago. Despite all his efforts, now this cafe is closed because it was cash negative and drove him a minus. Recently, I read about Romanian guys, who started their coffee shop business three years ago as well, with 10K euros and 12 sq.meters, and now they have over 150 coffee shops, have sold 35% of their company to venture investor, and have opened their franchise.  Quite impressive growth over the same three

Elias

Elias

 

Masks 2.0. Example of business that is growing despite the coronavirus crisis

Despite, that analytics says that there is a start of the global economic crisis, there is a business that is on the rise: Manufacturing of Masks. For example URBAN AIR MASK 2.0 https://www.airinum.com/products/urban-air-mask-2-0-classic?variant=13654585606249 This manufacturer is out of stock. His fancy designed mask cost 69 USD. It is reusable, with filters. The original cost of such a mask, I believe small. Margin-profit should be very big. Looks good for business i

Elias

Elias

How to Choose POS Printer

How to Choose POS Printer

The ability to print is an essential function that each POS system should have. Usually, retail businesses need to print receipts for customers; restaurants and cafes need to print bills, receipts, and kitchen orders. The ever-growing modern trends try to find alternatives for such printed documents to nonpaper variants, such as e-receipts or messages on the kitchen screens. However, despite that, many customers still prefer the paper version or receipts. What kind of printer will work best

Andy

Andy

Loyverse POS was Awarded as one of the Top20 Point of Sale Solutions in 2020 by Crozdesk

Loyverse POS was Awarded as one of the Top20 Point of Sale Solutions in 2020 by Crozdesk

Loyverse POS gets a high score of users satisfaction 88%, 57 scores of market presence, 4.4 / 5 of user ratings and other parameters. This Point of Sale (POS) Software awards list was published by the software comparison portal Crozdesk.com. It features the best 20 products in 2020 as determined by the unbiased, category-specific Crozscore ranking methodology. This takes into account a product's relevance to the Point of Sale (POS) category and can differ from the product's universal Crozsc

Andy

Andy

How to manage a restaurant?

How to manage a restaurant?

A restaurant owner has two choices in the management of the restaurant.  1) Manage by him/herself. When the founder of the restaurant starts the business from scratch and takes full responsibility for the running of the business. This is the case often seen in small businesses.  2) The owner may hire a manager. Someone who takes the role of managing the restaurant on behalf of the owner. Either way, for a successful operation of the restaurant it is important for the managers to know wh

Ashly

Ashly

Canceling Receipts

Canceling Receipts

Sometimes Loyverse users face a situation where a receipt is made by mistake. For instance, the receipt has the wrong payment type. Until now, the only way to fix the mistake was to make a refund of the receipt and then make a new receipt with the correct data. In this case, the sale data from the wrong receipt was still taken into account for some report parameters, which caused inconvenience. With the cancellation of the receipts feature, you can avoid this situation. The canceled receipt

Andy

Andy

 

Live chat support will be included only with add-ons

Dear Loyverse users, We wanted to let you know that from February 15th, 2020 live chat support will be included only with add-ons such as Employee Management and Advanced Inventory.  If you do not use any of the add-ons, you will still be able to find answers to your questions in the Help Center or in the Loyverse Community. To get fast assistance via live chat 24/7, please subscribe to either of the add-ons starting at $5 USD/month. If you have any questions, please write here in

ink

ink

Setting Taxes in the POS (for iOS)

Setting Taxes in the POS (for iOS)

Starting with version 2.26 Loyverse POS for iOS, you can create and change taxes at the POS.  In the ‘Taxes’ section of the ‘Settings’ menu, you can add new taxes and change existing ones.  For more details about adding taxes in POS, see help article: How to Set Up Taxes in the POS  

Andy

Andy

Essential Features of Point of Sale System for Retail

Essential Features of Point of Sale System for Retail

Modern POS systems have a lot of functionality for different ones. However, there are several essential features that you need to use in a retail business. Ability to sale different product The POS system should allow selling your types of products. For example, if you sell cloth, you should be able to process the same item with different sizes. The POS should give you the ability of sale through scanning barcodes, to make the process of selling quick and straightforward. For grocery stor

Andy

Andy

CDS on Android Smartphones

CDS on Android Smartphones

Starting with version 1.0.4, Loyverse СDS also works on Android Smartphones. Before, it was working only on tablets, but Loyverse users wanted to run CDS on smartphones to have a portable display for customers’ convenience. Loyverse Customer Display System (CDS) is an interactive customer-facing screen that displays the details of the customer’s order and allows them to enter the email address for digital receipts.   For details of CDS works, please check here:  How L

Andy

Andy

CDS on iPhones

CDS on iPhones

Starting with version 1.08 Loyverse СDS also works on iPhones. Loyverse CDS (Customer Display System) is an interactive customer-facing screen that displays the details of customer’s order and allows to enter the email address for digital receipts. For details of CDS works, please check here: How Loyverse CDS Customer Display Works Customer Display System Configuration Guide

Andy

Andy

Dark Theme for KDS on iOS

Dark Theme for KDS on iOS

Starting with version 1.09 Loyverse KDS for iOS has a dark theme. You can switch on the “Use dark theme” option in the Settings of the KDS app. This feature is currently available for iOS users and will be available for Android users later.

Andy

Andy

 

View of Receipts and Shift Reports for Germany

Loyverse starts customization for users from Germany. From now on (starting from Loyverse POS app for Android version 2.14 and for iOS version 2.24), the Loyverse accounts with the country of registration Germany have slightly different views of receipts and shift reports. This is made in an attempt to correspond to GoBD regulation, which requires a special presentation of taxes in the receipts and shift reports. However, this functionality works in testing mode, and may not correspond to the

Andy

Andy

Home Screen Item Layout for Android Smartphones

Home Screen Item Layout for Android Smartphones

The new feature has been released on Loyverse POS app for Android in version 2.14. Android smartphone users now have the option to choose the layout of the home sales screen; either grid or list. This feature allows you to find a desired product or discount with more ease to add to the receipt. To set your smartphone in list layout, go to “General” under the application settings and tap ‘Home screen item layout’. The list layout is set by default for smartphones but if you prefer

Andy

Andy

Added Support of Credit Cards Terminals from CardConnect

Added Support of Credit Cards Terminals from CardConnect

Loyverse POS has added the integration of the card terminals processed by CardConnect (a First Data company) in the USA. First Data is a global leader in commerce-enabling technology and solutions. The company provides the ability to accept credit and debit card payments for millions of businesses worldwide. From now on the Loyverse POS users in the USA can accept card payments on the terminals, processed by CardConnect. The integration works on the Loyverse POS app for both Android an

andres

andres

Loyverse KDS v. 1.06 for iOS

Loyverse KDS v. 1.06 for iOS

Loyverse KDS v. 1.06 for iOS: - Added the option to mark completed items - Bug fixes and performance improvements Now you can now tap and untap items displayed on the kitchen display system to indicate if an item has been prepared or undo(if selected wrongly).

andres

andres

Added Support of Built-in Printers of Sunmi Devices

Added Support of Built-in Printers of Sunmi Devices

Loyverse added the support of built-in printers of Sunmi devices. The following is the list of devices which supports this functionality: Sunmi V1 Sunmi V1S Sunmi V2 Sunmi V2 pro Sunmi T1 mini Sunmi T2 mini Sunmi D2 mini Sunmi T2 Sunmi S2 Sunmi M2 From now on, you can easily connect built-in printers by selecting SUNMI in the Loyverse POS app printer settings. After that, all the settings will be applied automatically, and you can print receipts, bills, and kitche

andres

andres

Top 21 Global Coffee Events

Top 21 Global Coffee Events

Growing up in England with South African connections, my first taste buds became distinctly acquainted with first roibos and then black tea. It was only as a late teenager that I decided I could overcome the bitter taste I had taught myself meticulously to avoid and finally learn to appreciate what has become the 2nd most traded commodity in the world- only bested by crude oil. It’s also only beaten by water as a popular beverage! Only water… Coffee is an undeniable phenomenon from the bottom

Rodrigo Díaz

Rodrigo Díaz

Home screen item layout for iPhones

Home screen item layout for iPhones

The new feature has been released on Loyverse POS app for iOS version 2.21. iPhone users now have the option to choose the layout of the home sales screen; either grid or list. This feature allows you to find a desired product or discount with more ease to add to the receipt. To set your iPhone in list layout, go to “General” under the application settings and tap ‘Home screen item layout’. The list layout is set by default for iPhones but if you prefer the grid layout, choose list opt

andres

andres

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