Credit card processing is essential for any retail business. Eighty percent of consumers use cards for everyday purchases and spend up to 83 percent more than cash-paying shoppers. We determined the cheapest credit card processing solutions by comparing monthly and transaction fees, contract terms, ease of use, and included point-of-sale features. Square offers startup businesses…
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6 Best Pizza POS Systems 2019
Pizza point-of-sale (POS) systems are software programs that help pizza shops manage orders, track sales, and ring up customers at the register. The best pizza POS systems also have tools for managing delivery and takeout orders, kitchen display systems, and online ordering integrations. We evaluated dozens of pizza POS systems to determine the best overall….
How to Start a Retail Business in 10 Steps
Opening a retail store requires more careful planning than meets the eye, especially in today’s competitive landscape. To open a successful brick-and-mortar store, you need a business plan including market research and a legal structure for your business, an ideal storefront location, startup funding, products, and a team of employees ready to sell. A huge…
The Ultimate Guide to Credit Card Machines in 2019
A credit card machine is a device used to process in-person payments with a credit or debit card. It can be handheld and corded, portable, or attached to a point-of-sale terminal with a countertop cash register. Depending on the type of credit card terminal you choose, the cost ranges from $0 to $1,200. Choosing the…
6 Best Food Delivery Software Options 2019
Food delivery software enables restaurants to dispatch orders to drivers and provide on-demand delivery to customers. The best restaurant delivery software integrates directly with point-of-sale (POS) software, so you can manage everything from one screen. Pricing varies for the cloud-based software, but averages less than $100 per month, depending on your business size and needs….
8 Best Mobile POS Apps 2019
Point-of-sale (POS) apps are tools that retailers and individual sellers can install on mobile devices to accept credit card payments, track sales and inventory, and manage various business functions. We compared eight top-rated POS apps in terms of price, device compatibility, online integrations, and functions that meet most small business needs. Top 8 Mobile POS…
Clover vs Square: Price, Features, & What’s Best in 2019
Clover and Square offer all-in-one payment processing and point-of-sale (POS) solutions for small businesses, both offering all the basic tools you need to run a brick-and-mortar retail business. While Clover has higher upfront costs with a few extra features, Square is more affordable and more flexible with hardware requirements, making it the best option for…
15 Retail Statistics for the Optimistic Business Owner
While many experts claim that “retail is dead,” the retail industry is evolving with the times into a new model that promises bigger and better things for consumers and businesses alike. These retail statistics show that the industry is as strong as ever, pointing to a great future ahead. 1. Globally, retail sales are expected…
How to Offer Customer Financing: In-house Financing Without Breaking the Bank
Offering customer financing at the point of purchase can boost sales, increase conversions, improve customer loyalty, and drive repeat business. When a small business offers customer financing, its average order size can increase by up to 120%. Plus, nearly two-thirds of customers make a future purchase of $500 or more in stores that offer financing….
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How to Use Digital Menu Boards for Your Restaurant or Grocery
Digital menu boards are electronic displays of menus, typically found at quick-serve restaurants, coffee shops, and service-based businesses. It’s an easy way to show customers opportunities for upsells, calories, and prices. The ongoing cost for software and hardware could be as low as $20 per month after the initial, sometimes expensive investment of screens. Mira…
SKU Numbers: What They Are & How To Set Them Up
A stock keeping unit (SKU) is an alphanumeric code, usually six to eight characters long, that identifies a product and helps you track inventory for your retail business. You can create SKU numbers manually or in your inventory management or point-of-sale (POS) software. SKU numbers print on your product label along with the product’s universal…
Top 21 Retail Operation Tips From the Pros
Running even a small retail store can be challenging and will only get more complicated as the business grows. Thankfully, we now have tools and strategies to help manage everything from monitoring inventory to looking after retail staff. To get you started, we asked experts for valuable tips on running an efficient retail store operation….
