A point-of-sale (POS) system combines hardware like touch screen terminals and payment processors with software tailored to accept payments and track sales. Because the hardware you need is dependent on the POS software you are using, it’s critical to select a POS software system before purchasing hardware. If you are just starting out, Square offers…
7 POS Trends & Technologies Shaping the Future of Retail
A POS, or point-of-sale, system is an invaluable tool for businesses of all sizes. It’s replaced the traditional cash register with constantly evolving, tech-driven solutions. It offers business management features that go beyond administering in-person transactions such as click and collect, loyalty programs, bill splitting, and more. Below, we look at seven POS trends and…
Square Fees & Pricing: The Ultimate Guide
Square is a payments, point-of-sale (POS), and business management tool for small businesses. Square charges a flat-rate payment processing fee, and businesses can use Square’s POS app for free. Additional features such as marketing and payroll, are available for a monthly fee. Square offers an affordable solution that can be customized with different features. How…
10 Benefits of Using a POS System
A point-of-sale, or POS, system is a common component to brick-and-mortar businesses. They’ve replaced the old-school cash register with a more sophisticated, tech-forward approach to the checkout process. As a result, today’s businesses get to take advantage of a number of benefits of POS systems, including greater efficiency, increased sales, and happier customers. Let’s take…
27 Restaurant Software Tools: A Definitive Guide
The restaurant industry is changing at a more rapid pace than at any time in hospitality history. There are hundreds of tools available to wrangle tasks from voice ordering to employee productivity, with new tools emerging every day. Tools work together or separately to create a full-spectrum solution for your restaurant. The tricky part is…
Restaurant Marketing: 13 Steps to Promote a New Restaurant
Most of restaurant marketing comes down to building strong relationships with customers online and offline. The 13 steps below walk you through the process. With all of the tools available to communicate with your customers and community, marketing your restaurant can quickly become one of your favorite regular tasks as a restaurant owner. Whether you…
How to Set up a Shopify Store in 9 Steps
Shopify offers a user-friendly ecommerce site builder for both online brands and retail businesses that want to expand into selling online. Whether you want to sell your own products or dropship, own your sales channels, or experiment with third-party marketplaces, learning how to set up a Shopify store is one of the first steps to…
Alibaba vs AliExpress: Who’s Best for Importing & Dropshipping?
Alibaba and AliExpress are online marketplaces. The main difference between Alibaba vs AliExpress is: Alibaba is exclusively intended for B2B transactions, whereas AliExpress is open to consumers. Alibaba helps businesses purchase large quantities of products directly from manufacturers at wholesale prices. AliExpress offers products at competitive retail prices with no minimum order requirements. When to…
NFC Payments: Everything You Need to Know About Contactless Payments
NFC payments are contactless payments that use near-field communication (NFC) technology to exchange data between readers and payment devices like Apple Pay and Google Pay eWallets in smartphones and smartwatches, or tap-to-pay credit and debit cards. NFC devices must be close together (typically less than 2 inches apart) to complete these contactless payments. NFC payments…
4 Best Inventory Management Software 2020
Inventory management software does more than just tell you what’s currently in the stockroom. Good software helps businesses track items or parts throughout the different supply chain stages from supplier through assembly, storage, and sale. Inventory management software provides greater visibility into all of these stages, allowing businesses to rely less on physical counts, achieve…
7 Best Free Inventory Management Software for 2020
Inventory software makes it easy for businesses from offices to stores to warehouses to track products, tools, and assets. Most free inventory management software limits use or features and offer paid plans if you need more. Many small businesses, however, find the free versions sufficient for their needs. Top 7 Free Inventory Management Software for…
How Much Does it Cost to Open a Restaurant?
Startup costs for a new restaurant typically range from $95,000 to more than $2 million. The actual amount it costs to open a restaurant depends on factors like rent, furniture choices, and renovation goals. Typical expenses include one-time purchases like furniture and equipment alongside recurring payments like rent and utility bills. Lack of capital is…