All Retail Articles - Page 14

6 Best Restaurant Inventory Management Software 2019

By Meaghan Brophy on May 21, 2019 | Buyer's Guide, Restaurants, Retail | Comments (0)

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

By Meaghan Brophy on May 9, 2019 | Brick and Mortar, Retail, What is | Comments (2)

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 systems. POS software typically costs $0 to $300 per month per register. What Is a POS?…

Shopify vs Square: Price, Features & What’s Best in 2019

By Meaghan Brophy on May 2, 2019 | Brick and Mortar, Retail, Versus | Comments (0)

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

By Meaghan Brophy on April 26, 2019 | Brick and Mortar, Retail, Versus | Comments (4)

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

By Meaghan Brophy on April 25, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

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

By Amy Nichol Smith on April 25, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

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

By Meaghan Brophy on April 25, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

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. claims our top spot for consistently…

How to Calculate & Increase Your Customer Retention Rate

By Meaghan Brophy on April 24, 2019 | Brick and Mortar, Retail, What is | Comments (0)

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

By Meaghan Brophy on April 17, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

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…

Square POS: The Ultimate Guide

By Meaghan Brophy on April 15, 2019 | Brick and Mortar, Retail, Ultimate Guide | Comments (38)

Square is a free point-of-sale (POS) app that uses a credit card reader and your phone or tablet to process payments. POS is the tool retailers use at the point of purchase to process and manage sales. Square POS includes features like inventory management, customer directories, and sales reports to help retailers manage their business….

Restaurant Profit Margin: Definition and Tips to Improve It

By Meaghan Brophy on April 12, 2019 | Restaurants, Retail, What is | Comments (0)

Restaurant profit margin is the percentage of annual sales revenue a business has left over after subtracting all expenses, including utilities, lease or mortgage, payroll, taxes, and insurance, from gross revenue. To determine gross revenue, subtract costs of goods sold (COGS) from total sales. Average profit margins for restaurants are typically between 3% to 6%….

How to Get a Freight Quote: The Ultimate Guide

By Meaghan Brophy on April 9, 2019 | Brick and Mortar, How To, Retail | Comments (3)

There’s more to getting a freight quote than entering your shipment’s size and weight into a freight carrier’s website. An accurate freight quote depends on many variables. If you get these wrong, your final charge could be far more than your original quote. It’s easy get to surprise bills and charges if you aren’t careful….