Lightspeed Restaurant is a cloud-based point-of-sale (POS) software and payment processing system for food service businesses. Lightspeed Restaurant has front-of-house management features that make it a great fit for full-service restaurants, and tools to manage multiple locations that are ideal for chain restaurants. It starts at $69 per month, which is average for a POS…
Getting Started in Retail
From leasing space to planning your store layout, to getting setup to accept credit card payments, there's a lot to getting started in retail. We cover it all.
Lot's goes into the day to day operations of a retail store. Here's everything you need to know from inventory to employee management.
We've talked to hundreds of retail store owners as well as the top retail marketing pros and compiled their best tips for getting the word out about your retail location.
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Restaurant inventory management software systems are computer programs for foodservice businesses with full commercial kitchens. These systems help manage ingredient stock levels, purchase orders, recipes, and menu costs. The best restaurant inventory management software systems sync with or are built into POS systems and can cost between $50 and $100 per register, per month. Top…
To start a food truck business, you need a competitive and appealing concept, a viable business and financial plan, a fully equipped food truck, and a solid marketing strategy to build your customer base. A successful food truck can bring in over $500,000 per year, with startup costs starting at $40,000. Some food trucks still…
Point-of-sale (POS) systems handle the entire checkout process, from bar code scanning to payment processing. They also include backend management features, such as inventory and analytics. Restaurants and retailers can manage all aspects of their business through their POS system. What a POS system costs could be as low as $0 to $300 per month….
Businesses can accept credit card payments online for free, but there is no escaping transaction fees. That’s because banks and credit card companies charge a fee whenever a card is used as payment. However, there are plenty of ways to accept payments online with affordable credit card processing fees around 3% to 4%. Square is…
When comparing Shopify vs Square, they both offer tools for small businesses, including point-of-sale systems, payment processing solutions, and ecommerce platforms. Square is a great fit for businesses that primarily sell in-person, while Shopify is better suited for ecommerce and multichannel retailers. Square costs between $0 to $60+ per month and Shopify $29 to $299….
Starting a gift basket business involves finding a niche, choosing a sales channel, registering your business, designing your baskets, and developing a solid marketing plan. To start a gift basket business from home or a storefront, you need a carefully crafted business plan, a flair for creativity, and as little as a few thousand dollars….
Having a cash management system is crucial for any retail store owners. A basic cash register can be suitable for some businesses, but most retailers are choosing feature-filled POS cash register software programs that run business operations much more effectively. We compare both options to pinpoint what’s best for your business. When to Use a…
Bakery point-of-sale (POS) systems have all the traditional functions of a retail POS system, like the ability to process payments, view sales reports, and customer relationship management (CRM) features. However, bakeries also need recipe management features and ingredient-level supply tracking. A system with all these features can cost $50 to $80 per month, per register….
Online credit card processing companies allow you to accept payments on your website. The standard rate is 2.9%, plus 30 cents per transaction, but some offer lower rates. We considered a variety of online payment processing options and compared cost, point-of-sale (POS) features, and more to find the top six, and the best overall. Top…
Customer retention is the ability of a business to keep its current customers. Customer retention rates are measured by looking at how many customers are lost over a specific period of time. Customer retention is important because higher retention rates are an indicator of customer satisfaction, which typically leads to better sales. Having the right…
Restaurant POS systems go beyond processing payments for food service businesses by providing features to manage front- and back-of-house operations. Most restaurant POS systems are tablet- and cloud-based, making them more affordable than traditional countertop POS with proprietary hardware and software. Expect costs for these newer systems to be around $50 to $200 per month….