When it comes to choosing a good Point of Sale (POS) system, it can be great stress because it’s a one-time thing. You want to make sure you choose the right one since a good POS system is an essential tool for business owners to increase sales, manage inventory, and build a customer base. Not only are there many brands to choose from, but you must first decide between a traditional and cloud-based POS system. Not sure what the difference is and which is better? Let us help you!
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
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
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
Building your Café Brand
Creating an effective branding strategy for your café or coffee shop is a must when reaching out to potential customers. There’s much more than just having an eye for design when you want to engage with and create a unique and personal experience for each guest. In this article, we’ll discuss what creating a brand really means and how it can benefit your small business growth. Moreover, we'll provide you with a checklist with you some practical examples which you ca
Choosing a platform for e-commerce is an important decision for your business's further development and profitability. Depending on your business's specifics, you will need a platform with a specific set of functions.
Consider the main ones:
Catalog of goods. E-commerce platforms should provide a convenient way of adding your products and descriptions to them. The content management system should also offer the possibility of uploading items in bulks if the amount of items is hundreds
Entrepreneurs and business owners need to improve their skills and knowledge to succeed—one of the ways of strengthening offered by online educational resources.
During the last decade, a MOOC becomes a popular way of learning. A massive open online course (MOOC) is an online course aimed at unlimited participation and free access via the web. Educational websites offer online courses with video lectures as well as quizzes to check the learning process. Many courses have additional interactiv
Cloud-based online accounting services work in any modern browser. Compared with local services, when all operations take place on your computer, cloud solutions store, and process data on a server on the Internet, they also often called cloud-based services.
Online accounting services are widely used by private entrepreneurs, small and medium-sized businesses, as they save time and money because now you do not need to hire an accountant and pay him a salary.
We prepare an overview of
Quarantine is now happening in many countries around the globe, and that is the reality now. There are different restrictions applied to the running of cafés and restaurants in the time of quarantine in different countries. Some countries have put restrictions by applying new rules to cafés and restaurants, such as limiting the number of people entering the premises or controlling the distance when people are within the premises. Whereas, some countries even forbid cafés and restaurants from ope
Have you opened up a grocery store, but ended up not making enough profit to cover for rent and staff costs? If the problem is relevant to you, it's time to start promoting. Let's see how you can attract customers to the grocery store. Small grocery stores are finding it harder to survive among giant rivals, such as supermarket chains. But it is possible to compete with them with simple solutions.
How to solve the most crucial mistakes in running a grocery store
Let's start with mistak
Aggressive expansion of large retail chains leaves less and less market space for individual food stores. But they have undeniable competitive advantages. How to use them?
In many cities all over the world, chain supermarkets grow rapidly, and they gradually lure customers from small stores. Their "baits" are low prices, a rich assortment of goods, and more comfortable shopping conditions.
Of course, not everyone can resist the unequal struggle with the monsters of the market. Neverthe
Just like how our car’s dashboard gives us real-time data about how our car is performing, dashboard software collects data that can optimize business management and contribute to the overall success of the company. In just a glance, dashboard softwares helps merchants and business owners have a better grip of their business’ performance by creating data visualizations (charts, graphs, scales, etc) to evaluate their operations at any time. This will eventually help them have better forecasts fo
It is little question that the COVID-19 crisis has dramatically heightened the dynamics within the online business landscape across the globe as it significantly expanded the world of these types of businesses in terms of varieties of shops, products, services, and consumer groups. Furthermore, online shops in many countries have somewhat made a transition from luxury goods and services to everyday necessities like groceries and daily supplies, relevant to a large number of consumers.
If you are one of the many who find themselves caught in the jumble trying to figure out the difference between online marketplaces and e-commerce websites, then you have come to the right place! Here, we break down for you a thorough comparison of the two online platforms that are big in the e-market arena today, to help you decide which one is best for you and your business.
You are not alone. Most people assume that online marketplaces and e-commerce websites may be the same thing. Thes
CRM - these three letters contain useful power that can help you develop your business. Customers are the most significant component of running any type of business. That`s why it's essential to pay attention to customer relationship management.
Nowadays, there is a lot of CRM software ready to help you optimize marketing, increase sales and improve customer service. Therefore, it's a solution to a data organization problem.
Which CRM software should I choose?
It's difficult to fi
Launching a business, let alone running it is arduous and not for the faint of heart. The tedious process includes coming up with the idea, developing the business plan, finding and securing investors, products source, suppliers, finding a location, hiring employees and spreading the word through marketing, advertising, and social media. Despite going through all the hard work of all the steps, there’s always a lingering chance that a single lapse could cause the entire business to fail. Just li
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
Retail franchising gives merchants and entrepreneurs the experience of owning a business without some of the risks and mistakes startups often make. By running an already established system of operations, your business is much more proven and secured. Not to mention not needing to invest much on advertisement and brand recognition, since those are already a given upon purchase of the franchise. You can also always count on support and advice from the franchisor and other franchisees to help you
Point of sale (POS) systems are becoming the technology of choice for organizations looking to thrive in the cutthroat business industry.
Grand View Research reveals that the POS software market surpassed $9.3 billion last year and will reach $18.1 billion by 2027. This increase can be attributed to its ability to automate sales processes, monitor inventory, and provide businesses real-time data and reports. It can also help businesses make quick and educated decisions to increase store pr
ERP - Enterprise Resource Planning, software that allows small businesses to replace the various information systems, programs, and databases used in the enterprise and start using a single database in an ERP system. ERP software enables the use of essential business functions, such as order processing, production control, and financing. By using one technology platform and enterprise-wide database, businesses can integrate operations and achieve a range of economic, operational, and production
Successful small and medium businesses usually have several sales channels. If you want to have a stable business model, consider improving the variety of your sales channels. There are three main types of channels: offline store or business (brick and mortar), e-commerce, and online marketplaces.
There are different types of data that retailers need to synchronize between selling tools of different channels: orders, reports, inventory, and customer information. Orders - you have to recei
A customer loyalty program or rewards program is a structured marketing strategy that rewards loyal customers that frequently engage with a brand. It is a combination of the use of communication, commercial incentives, marketing tactics and even games and events in order for brands to build a strong and lasting relationship with their customers and heighten their retention.
After decades of mastering and cultivating customer loyalty, Disneyland swears by their program as one of its leading
No one knows how long the economic crisis will last and how deep it will be. The marginality of stores is falling because people buy only the necessities, the level of service of suppliers is falling, non-food retail sales are falling, and some stores are closing due to quarantine. Grocery stores, on the contrary, experience a more significant influx of buyers.
What to do in this situation? Just waiting out bad times will not work. Experts recommend retail to go online through exposing thei
Running a small business is not an easy task. Every day small and medium business owners face many challenges, and they need to make decisions that influence their development. We collect some information resources that may help merchants to make their decisions more efficiently.
Small Business Trends
Small Business Trends review tech products, cover small business news and interview movers and shakers. The site contains over 20,000 pages focused on tips, trends, and answers for
Productive work and the success of any business directly depends on the professionalism and quality of accounting. Observing the deadlines for filing reports, timely and correct payment of taxes, correct charges, timely posting of primary documentation, drawing up declarations are conditions that have a direct impact on the fruitful work of all departments of a company or enterprise.
Accounting allows the company to avoid misunderstandings with the authorities and representatives of tax ser