10. You've employees.
If you have employees you're ready to accept theft, sweet-hearting and careless mistakes. You will need a point of sale system to handle the employees, enforce your policies and insure that the money reaches you.
9. Pricing and Math Errors.
Will still be amazing the number of restaurants still make use of a calculator and written tickets. Based on studies made by various institutions you are available to math and pricing mistakes totaling in excess of 1% of your annual volume. In a restaurant doing as little as $1,300 per day 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'll need a point of sale system.
8. Amount of time in Attendance.
Employee payroll is one of the most overlooked and most easily managed servings of your profit and loss statement. If you have 12 employees each of which clocks in 5 minutes early a day, that means 1 hour daily more payroll. Despite minimum wage plus benefits this may equal to $6 - $8 per day or older $2,900 annually. This figure doesn't take into account the total man-hours it will take to compute time cards then set of the times of day worked for each employee. This is time you could be spending elsewhere. If you have a couple of as 5 employees you'll need a pos system.
7. Reducing Theft.
Here is the original reason for the invention from the cash register back in the late 1800's. Even when most of the businesses were family owned and run there is an excuse for a cash register to reduce 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 years we've been aware of the tendencies of men and women pertaining to theft. 10% of the people wouldn't steal if giving the opportunity. 10 percent of individuals are going to steal regardless of what safeguards are in place. 80% of those will steal if because of the opportunity. Pos systems are positioned set up to protect up against the 80% making it more difficult to allow them to steal from you.
6. Speed of Service.
There's only 1 thing we could think about which will drive customers away quicker than bad food and that is slow service. When a customer places their order their particular internal clock is running in overdrive. No matter how long they took to look over recption menus also to place their order, once they have given your server or cashier their order their hunger clock is speeding along faster than an admirer on high! You 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 reply to the touch of the server, cashier or bar tender. The machine also needs to distribute your order properly to the kitchen prep station or bar. Your pos system should also measure your speed and services information and set of the way you are doing. Lowering the time it takes to get your customer's their meals are critical and can even make up for less quality. For proof I provide you with a few of the major take out chains. Is popularity based on the most effective tasting, best dressed and best served burger or speed and services information? If you want to speed up your customer service you need a point of sale system.
5. Enhanced Reporting.
What is the use of having a computer rather than using the ability? If all you need is to have a amount of cash in the drawer that sometimes matches towards the level of sales gone over with you probably don't need a point of sale system. However, if you'd like more detail and information to aid manage your operation and make it more profitable you will want a point of sale system. It was once that having a good product was enough to acquire by. Now it will take much more information in order to contend with all of those other restaurants in your market which are all searching for the same customer you have seated within your restaurant. You must know the buying habits of the customers. Exactly what are they ordering? When are they ordering it? What exactly is your most profitable item? What number of it did you sell? What items on your own menu aren't selling? If you can't answer all of these questions with total confidence inside your answers you will want an issue of sale system. Should you hesitate to answer (without guessing) any of these questions you will need a pos system.
4. Exporting of Data along with other Systems.
Even most smaller businesses today involve some kind of electronic accounting set up in a choice of their operation or via an accounting service. In addition, most businesses provide an electronic payroll service or software that creates payroll. Point of sale systems capture critical data for you personally after which export this data in formats that automatically put this information into accounting and payroll packages, eliminating hours of tedious manual input that frequently results in mistakes and human error. For those who have an electric accounting or payroll service/software or even if you wish to track the sales in Excel, you will need a pos system.
3. Integrated Credit Cards.
If you aren't currently taking bank cards being a kind of payment you have to start today. Let alone the fees. The loss of business that you're suffering in the present plastic minded economy will a lot more than compensate for the fees charged. In case you are currently taking charge cards through a stand-alone terminal you may be being charged exorbitant fees for the terminal when you could possibly be processing using your pos system. In some instances, the reduction of the terminal rental will pay for the cardboard interface in under a year. With integrated credit card processing you're assured how the level of the sale will match the quantity charged on the bank card, eliminating the necessity to return back and match individual sales if the credit card batch does not match bank card sales. When high-speed Internet connections are employed to process charge cards we receive approvals within just 2 seconds. No more is slower speed of service a justification never to take charge cards. If you wish to quickly, accurately and smoothly process credit cards you'll need a pos system.
2. Competitive Marketing.
a. Frequent Diner Modules. That are your clients? What do they buy? How many times will they visit? Of your frequent visitors, who was not directly into help you in the past month? Of one's frequent visitors, with a special day coming up this month? They're questions that you should possess the reply to. All the major chains and all of your competition want the people who arrive at your restaurant. They would like to take them for their own reasons. How are you planning to compete with the huge amounts of dollars being spent to draw your customer away? By marketing your operation as well as your menu. Your point of sale system will be able to manage your customer base, maintain their buying habits, how many times they visit, now when was their last visit along with what special occasions they've got approaching. Your pos system then can sort these into groups that ought to be sent mailers, coupons, invitations to special events or simply just told they are appreciated and asked to visit you again. When you have competition you need a pos system.
b. Gift certificates have grown to be typical for so many businesses today. A whole industry has been formed around the old concept of giving a paper gift cards. Today, you'll find on the net at most major checkout lines. A point of sale system can sell, redeem and control balances on your own coupon program. No more do you really need a book of certificates that are saved in the safe. Today, you just need twenty pieces of blank plastic cards with your colorful logo on them. Prepaid credit cards carry no balance and have no cash value until sold and a balance placed on account. Being an owner you should maintain a number of these cards together with you. All these cards might have a little balance on them that you should offer to pull customers to your restaurant or give in the event of an unhealthy experience to help bring someone back. Think of these cards as the personal marketing tool. If the customer looks within their purse or wallet and sees your logo they'll be reminded ahead visit you. If you use on line or gift cards you need a point of sale system.
1. Its not necessary Any More 'Partners'.
Sure you need gift certificates. Yes you have to better understand your customer's buying habits. You must have to have credit cards integrated together with your point of sale system. You'll need enhanced reporting and export of those reports to electronic accounting and payroll services. You need to eliminate errors, reduce mistakes whilst track of your payroll. But more than any of these you do not need anymore partners. Especially the ones that take their portion of the profits before you get yours. We have been discussing the servers, waitresses, bartenders and cashiers who:
a. Undercharge customers in order to enhance their very own tips. Show a $5 tab and a $50 tip. (Yes, I've come across this!)
b. Deliberately void or delete a product after it has been paid for.
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 lower priced item (well brand) and serve a greater priced item (premium brand)
f. Give discounts to their friends.
g. In a buffet line, ring up a buffet plus a tea. Reprint this ticket 10 x and then sell and collect for their own reasons these reprinted receipts instead of ringing up clients.
If you want to remain in business, you'll need a point of sale system.