High-risk merchant services are payment processing services that allow businesses considered to be high risk by banks and standard payment processors to accept credit cards from customers. The best high-risk merchant accounts for small businesses service a variety of industries and products for an affordable rate. Top 6 High-Risk Merchant Services What Are High-Risk Merchants?…
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5 Best Cash Registers for Small Businesses
A cash register combines a secure cash box, advanced adding machine, and receipt printer into one operating unit. Many connect to credit card terminals and bar code scanners and some incorporate inventory and point-of-sale (POS) software for added functionality. Best Cash Registers for Small Businesses Small business owners have two overall choices when selecting a…
Clover vs Square: Price, Features & What’s Best in 2020
Clover and Square both have easy-to-use point-of-sale (POS) software, a full suite of hardware, and integrated payment processing with online, mobile, and contactless payment tools. The biggest difference between Clover and Square is that Clover has higher upfront and ongoing costs with a few extra features, while Square is more transparent and affordable, making it…
POS System vs Cash Register: What’s Best for Retailers
Having a cash management system is crucial for any retail store owner. A basic cash register may be suitable for some businesses, but most retailers are choosing feature-filled point-of-sale (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…
5 Best Spa and Salon POS Systems 2020
A spa or salon point-of-sale (POS) system manages client transactions, sales data, and tracks customer information just like any other POS system would. They also include industry-specific features like appointment scheduling, online booking, and client-facing account management tools. The best spa POS systems include all of these features and start at under $100 per month….
4 Best Cafe POS Systems 2020
Cafe point-of-sale (POS) systems help small coffee shops and eateries efficiently manage counter, seated, take-out, and delivery orders. Cafes are usually high-volume and fast-moving, meaning business owners need a durable and sophisticated POS system that’s also easy to use. Based on our evaluations, the best cafe POS systems are: : Best overall cafe POS system…
5 Best Free Ecommerce Website Builders for 2020
Finding free ecommerce software is tricky. You want an online store that looks professional and includes important features like inventory management and marketing integrations. However, you don’t want to spend hours setting up your store, only to realize it will be covered in pesky ads unless you pay for a $15/month “upgrade.” We took a…
How To Track and Count Inventory + Free Templates
Conducting a physical inventory count is a tedious, but essential business process. This guide gives you the tools you need to efficiently handle a physical inventory count, and get you started on a process that works for you. You can also download our free inventory templates and follow our quick tips on how to use…
10 Best POS Systems for Small Businesses 2020
A point-of-sale (POS) system is a hardware and software bundle that serves as the nerve center of brick and mortar businesses by centralizing payment processing, automating stock tracking and sales reports, and streamlining customer relationship management. Some POS software is available for free, while other systems cost up to $200 per month for one station….
Stripe vs Square: Which Payment Processor is Right For You in 2020?
Stripe is a developer-friendly payment processing solution best for online businesses wanting to add a customizable checkout to their website. Square is an out-of-the-box point-of-sale (POS) and payment processing platform that’s best for small businesses needing an all-in-one solution. When comparing Square and Stripe, the main difference is Stripe requires technical knowledge and needs to…
11 POS Integrations Your Business Needs
A retail point-of-sale (POS) system does more than simply ring up purchases. Today’s POS technology is equipped with additional features that give retailers complete insight into and control over their business. Each time someone uses your POS, it collects data. It then summarizes that data in reports so you can see where your challenges and…
Inventory Shrinkage: Definition, Causes & How to Prevent It
What Is Inventory Shrinkage? Inventory shrinkage is recorded when a product’s listed quantity-on-hand exceeds the actual physical count. The difference between these two amounts is referred to as “shrink.” In a retail setting, this is sometimes called retail shrink; and in a warehouse or manufacturing business, it’s generally reported as inventory shrinkage. Either way, it…