10. You've employees.
If you have employees you're available to theft, sweet-hearting and careless mistakes. You need a point of sale system to control your employees, enforce your policies and insure that the money reaches you.
9. Pricing and Math Errors.
It's still amazing the amount of restaurants still make use of a calculator and written tickets. According to studies created by various institutions you are open to math and pricing mistakes totaling in excess of 1% of the annual volume. Inside a restaurant doing as little as $1,300 each day that will soon add up to $4,700 annually. (Under the price of our 2-terminal Sweet Deal Package) To eliminate pricing and math errors you need a pos system.
8. Amount of time in Attendance.
Employee payroll is one of the most overlooked and a lot easily managed parts of your profit and loss statement. When you have 12 employees and each of these clocks in five minutes early a day, that means 1 hour per day of additional payroll. Despite having minimum wage plus benefits this could equal to $6 - $8 per day or higher $2,900 each year. This figure doesn't consider the total man-hours it requires to compute time cards and then directory the times of day helped each employee. This can be time that you could be spending elsewhere. When you have a few as 5 employees you will need a pos system.
7. Reducing Theft.
This is the original reason behind the invention with the cash register within the late 1800's. Even though a lot of the businesses were family owned and run there was any excuses for a money register to lessen theft. Today of hiring employees to help staff and manage your store there is sustained dependence on this kind of control. For many years we've known about the tendencies of individuals pertaining to theft. 10% of the people wouldn't steal if giving the opportunity. 10 % of the people will steal no matter what safeguards are in place. 80% of the people will steal if because of the opportunity. Point of sale systems are put set up to guard from the 80% making it harder to allow them to steal of your stuff.
6. Speed of Service.
There is only one thing we can think about that will drive customers away quicker than bad food and that's slow service. Whenever a customer places their order their particular internal clock is running in overdrive. Regardless of how long they took to check out recption menus also to place their order, once they have provided your server or cashier their order their hunger clock is speeding along quicker than an admirer on high! You will need a fast, reliable method of getting orders into your system. This would mean a terminal that is fast, easy to understand and quick to answer the touch of the server, cashier or bar tender. The system also needs to distribute an order properly to the kitchen prep station or bar. Your point of sale system should also measure your speed of service and set of how you are doing. Reducing the who's takes to get the customer's their meals are critical and can even compensate for less quality. For proof I provide you with a number of the major junk food chains. Is their popularity in relation to the best tasting, best dressed and best served burger or speed and services information? In order to accelerate your customer support you will need a pos system.
5. Enhanced Reporting.
Is there a usage of using a computer and never taking advantage of the power? If you just need to possess a amount of money within the drawer that sometimes matches to the amount of sales shown you probably do not require a point of sale system. However, if you would like more information and detail to help manage your operation and make it more profitable you'll need an item of sale system. It used to be that having a good product was enough to help you get by. Now it takes a lot more information to be able to contend with the rest of the restaurants inside your market which are all looking for the same customer you've seated inside your restaurant. You must understand the buying habits of your customers. What exactly are they ordering? When is it ordering it? What is your most profitable item? What percentage of it did you sell? What items on your menu aren't selling? If you can't answer all of these questions with total confidence within your answers you will want an issue of sale system. If you hesitate to properly answer (without guessing) some of these questions you will need a point of sale system.
4. Exporting of information with other Systems.
Even most smaller businesses today involve some form of electronic accounting in place in a choice of their operation or with an accounting service. Furthermore, most businesses provide an electronic payroll service or software that can cause payroll. Pos systems capture critical data for you then export this data in formats that automatically put these details into accounting and payroll packages, eliminating hours of tedious manual input that usually leads to mistakes and human error. For those who have a digital accounting or payroll service/software as well as if you want to track your sales in Excel, you need a pos system.
3. Integrated Charge cards.
If you aren't currently taking charge cards being a type of payment you have to start today. Don't worry the fees. Losing business that you are suffering in the present plastic minded economy will a lot more than compensate for the fees charged. If you are currently taking credit cards through a stand-alone terminal you may be being charged exorbitant fees for the terminal when you could be processing using your pos system. Sometimes, the elimination of the terminal rental will pay for the charge card interface in under a year. With integrated credit card processing you're assured how the amount of the sale will match the quantity charged around the bank card, eliminating the need to go back and match individual sales if the credit card batch will not match charge card sales. When high-speed Web connections are utilized to process charge cards we receive approvals in less than 2 seconds. Will no longer is slower speed and services information an excuse not to take charge cards. In order to quickly, accurately and smoothly process bank cards you need a point of sale system.
2. Competitive Marketing.
a. Frequent Diner Modules. That are your customers? What can they buy? How frequently can they visit? Of your frequent visitors, who has not been into see you in the past month? Of one's frequent visitors, with a wedding day coming up this month? They're questions that you need to hold the answer to. All the major chains causing all of your competition are after the people who arrived at your restaurant. They want to bring them for themselves. How are things likely to contend with the billions of dollars being spent to attract your customer away? By marketing your operation as well as your menu. Your pos system can manage your subscriber base, keep up with their buying habits, how often they visit, just when was their last visit and just what special events they have coming up. Your point of sale system then will be able to sort these into groups that needs to be sent mailers, coupons, invitations to special occasions or simply just told that they are appreciated and inspired to visit you again. If you have competition you will need a pos system.
b. Gift cards have become typical for therefore many companies today. An entire industry has been formed around the old concept of giving a paper gift certificate. Today, you'll find gift cards at most of the major checkout lines. A point of sale system should be able to sell, redeem and control balances for your own personel gift certificate program. No more do you want a magazine of certificates which are kept in the safe. Today, you just need twenty pieces 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 positioned on account. As a possible owner you need to have a number of these cards along with you. Each of these cards could have a tiny balance on them for you to give away to drag visitors to your restaurant or cave in the event of a poor experience to aid bring someone back. Consider prepaid credit cards since your personal advertising tool. When the customer looks within their purse or wallet and sees your logo they will be reminded ahead visit you. If you utilize on line or gift cards you'll need a pos system.
1. You do not need Anymore 'Partners'.
Sure you need gift cards. You need to better understand your customer's buying habits. You absolutely need to get charge cards integrated along with your pos 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 more than any of these you do not need anymore partners. Specially the ones that get their portion of the profits prior to getting yours. We have been talking about the servers, waitresses, bartenders and cashiers who:
a. Undercharge customers so they can improve their own tips. Show a $5 tab along with a $50 tip. (Yes, I have seen this!)
b. Deliberately void or delete something once it has been covered.
c. Stuff coupons in to the cash drawer in substitution for cash.
d. Don't charge customers for soft beverages to enhance their tips.
e. Ring up a lesser 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 and a tea. Reprint this ticket 10 times and sell and collect on their own these reprinted receipts instead of ringing up new customers.
In order to remain in business, you'll need a point of sale system.