Top tips for buying a POS system
In this guide, we take a look at everything small
business owners need to know about buying a point of sale (POS) system.
Choosing a point of sale (EPOS) system is one of the most important
decisions you’ll make as a small business owner.
It can make a real difference to how much time you spend on processing sales, replenishing stock and even training your staff.
But different systems suit different businesses. Some might be looking at
sector-specific features while others might be focusing on price.
Make sure you know the needs of your business and research accordingly. And
don’t rush it – you don’t want to be stuck with a fleet of machines that are of
no use to you.
Have a think about your needs as a growing business too, and if the POS
system you have your eye on will meet these new demands.
So, whether you’re replacing your current POS system or buying a new one
altogether, here’s what you should consider as well as a bit of inspiration
from fellow small businesses.
Appearance was key in choosing a POS system for salon owner Mark Rea.
He explains how My Business Hub helps him give better customer service.
We first introduced My Business Hub by Worldpay in March 2017, and we have
recently purchased a second device to help meet the needs of our busy business.
Worldpay offers a range of accessible price points for their POS, which meet
the needs of your business. For the price you pay for the Business Hub, it is
worth every penny – instead of spending hours working out how much money you
have earned that day, you can just log on, have a look and it’s all there.
Lessening the burden
The most important thing for me was finding a smart point of sale that would
go beyond simply taking payments. I was looking for a system that would help
reduce the daily administrative burden that comes with running a business.
Before, I had to calculate manually how much I had taken each day. With My
Business Hub, I have a single view of cash and card transactions at the touch
of a button.
A specific consideration for my business was appearance. In our industry,
looks matter, so having a slick and modern system fits in well with the look
and feel of my salon.
My Business Hub does everything a small business owner needs. It cuts down
on paperwork by automating the reconciliation of cash and card payments.
Better customer service
It also features a detachable Android tablet, offering the flexibility to
serve customers from anywhere in the salon. This flexibility means I can spend
more time with customers, enhancing the overall experience, while also helping
to reduce queues at busy times.
Ultimately these were the things that most influenced my decision, as it
leaves me with more time to get back to what I love: spending time with clients
and growing my business.
Worldpay offers a range of
ways for your customers to pay you safely and securely, whether it’s face to
face, online or over the phone. Find out more here
Top tips for buying a POS system
Sean Julliard, researcher at business solutions specialist Expert Market, offers
his advice on finding the right POS system for you.
For small businesses, having a POS system boosts credibility. You can’t
expect to be treated seriously if you’re trading out of a money
box.
The bottom line is that it helps you to run your business more efficiently.
You can process sales faster, manage stock lists from the back end, look at
sales reports, assess customer buying habits and review staff performance.
If you’re feeling stuck, here’s what you need to know about buying a POS
system.
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