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…
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6 Best Restaurant Inventory Management Software 2019
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…
What is a POS System: Cost, Features & Providers
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….
How to Accept Payments Online for Free
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…
Shopify vs Square: Price, Features & What’s Best in 2019
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….
POS System vs Cash Register: What’s Best for Retailers
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…
6 Best Bakery POS 2019
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….
6 Best Online Credit Card Processing Companies for Small Business
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…
Best Freight Brokers for Small Businesses 2019
A freight broker taps into a huge network of freight carriers to find you the best rate for your freight shipments. We looked at popular options FreightPros, uShip, and Redhawk Global to determine the best freight brokers by examining customer service, small business accessibility, price, and ease of use. FreightPros claims our top spot for…
How to Calculate & Increase Your Customer Retention Rate
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…
7 Best Free Merchant Account 2019
Merchant services allow businesses to accept credit and debit card payments at a point-of-sale (POS) system, online, or through invoices. Technically, there is no way to accept card payments for free. However, there are merchant service and payment service providers with no setup fees, contracts, or monthly fees and more affordable alternative payment options. Top…
What Is an ACH Payment: Features, Costs & When to Use
ACH payments, also known as echeck or electronic fund transfers (EFT), are bank-to-bank payments made through the Automated Clearing House network. Automated Clearing House (ACH) is a system that settles financial transactions between institutions. Traditional banks, merchant account providers, dedicated ACH processing companies, and certain accounting software companies are all capable of handling ACH transactions….
