May 02, 2019

Your New Restaurant Needs a Point-of-Sale System

By Sona Mathews
Point of sale systems and devices are among the most popular restaurant technology trends this year. Restaurant owners need to make sure they're not just jumping on a faddish bandwagon for the sake of following the trend.

In fact, POS systems can be a highly effective way for owners to ramp up sales and bolster the bottom line.

The trick is choosing the right POS device and system for your establishment.

Your New Restaurant Needs a Point-of-Sale System: eAskme\
Your New Restaurant Needs a Point-of-Sale System: eAskme

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There's no reason to spend more than necessary on a bunch of tech tools that are geared for huge companies.

On the other hand, you don't want to commit to a POS system that can't handle your minimum monthly business activity.

First, it helps to understand why a point of sale system is an important part of your restaurant's financial landscape.

The next step is discovering why it's crucial to choose the right POS arrangement for your particular retail business.

Finally, it helps to know about the features of the best POS components on the market.

Why Your New Restaurant Will Thrive with POS Technology

Any business establishment can benefit from POS technology.

Restaurants are in the best possible market position to leverage the key advantages of POS tech.

Here's a list of the benefits of the right POS system:

  • Communication between kitchen and wait staff is completely simplified and streamlined

  • You can perfectly track the most popular menu items and total food usage

  • Payroll and bookkeeping are made easier because POS is a virtual time clock

  • It lets you easily track things like sales tax, P&L statement data and sales cycles
You need to think about the size of your establishment, its age, the typical clientele, your competitive ranking in the local area, your staff's ability to handle new technology and other relevant questions when selecting the optimal POS implementation for your restaurant.

Restaurant technology trends can work for you as long as you customize them to match all the unique characteristics of your business setting.

Features of Top POS Systems for Restaurants

For restaurant owners, it makes sense to select POS tech that has all or most of the following features:

  • Detailed, time-charted sales statistics by hour, day, week, month and year

  • Printed receipts

  • Simple user interface

  • Inventory, menu and staff management capability

  • Provides analytics and reports

  • Allows for mobile payment processing

  • Comes with support, service, on-site installation, and realistic customer training

  • Has an "offline" mode so users can do things like create checks and run analytics when needed

What's the answer?

There's no rush.

Choose wisely and when in doubt select a POS solution that is perhaps a bit smaller than you think you'll need, but can be upgraded.

Most systems are at least slightly adaptable for business growth.

If this is your first foray into POS, consider asking a friend or business acquaintance who has experience with the technology, and by all means, do a couple hours of research online.

The better your new POS system fits your specific needs, the better.

If you still have any question, feel free to ask me via comments.

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