Myth: Some businesses think that American Express is always so much more expensive.
Fact: On average there is little difference between the cost to welcome American Express vs. Visa and Mastercard.
It’s just one of the many reasons businesses are welcoming American Express. Contact our office and let’s talk about accepting American Express in your business!Read MoreRead More
I was thinking about how to help our restaurant customers and their employees train and adapt to a new point of sale unit in their restaurant and I ran across this article. Read through it and let us know if you have any questions, comments or suggestions that we can use to better help your business adapt to new technology!
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It’s no secret, people love paying with credit cards. A recent survey showed that the public favored cards over cash 3:1. It’s convenient, easy and saves pennies jingling in your pockets. Naturally, the acceptance of cards at a retail establishment is great for the consumer, but also means dealing with processing fees, the price of doing business in the modern age. Are you ready to say goodbye to unnecessary credit card fees? Here’s how a Cash Discount Program can help you.
Many smaller businesses are now opting for the “cash discount program” option. The seller offers a discount to those customers paying cash over card, an incentive that can prove very fruitful. The main bonus is that it can reduce credit card processing fees tenfold. If you don’t process the card, you don’t have to pay for the service. It is easier to explain to the customer and is perfectly legal when adhered to correctly.
Of course, the main battle you will always come across in implementing such a program is that for the most part, people don’t carry cash anymore, in a CNBC study in 2017, it was reported that 75% of Americans carry $50 dollars or less on them at any given time, With millennials at the forefront of the plastic revolution. However, with the recent boom in Farmers Markets, Artisanal goods and a return to supporting home grown, local businesses, a correctly marketed cash discount program could see your business transactions grow exponentially.
As with every move when running your own business, make sure that the program will work for you and the product you are selling. A cash discount program may not be for you. If you think it might be the perfect fit for and your business, It can save you thousands of dollars in processing fees.
For more information, head over to www.Cocard.infoRead MoreRead More
It’s a great time to be a small business or restaurant owner if you are a millennial. A recent study showed by the SBCD showed that 49% of Millennials want to start their own business in the next three years. Over half would say goodbye to the daily grind to start their own business with the right resources.
Good job there are plenty of Point of Sale systems to help you get ahead of the curve.
So, why jump on the entrepreneurial wagon? How can a great POS System help me?
INDEPENDENCE. The biggest plus to being your own boss is Independence. You make the decisions; you choose what you do and when you do it. It is important to arm yourself with technology that can grow with you. A POS system can add devices easily. Opening an additional stall at a farmer’s market? Adding a pop up shop during peak season? POS can help you with that, you don’t even need more hardware. You can do it from that smartphone of yours!
CONTROL. Control is a wonderful thing. As a business owner, from concept to creation every inch of the business is in your hands. Complete immersion in your business can be thrilling and overwhelming, so why not use POS to work FOR you. POS improves inventory visibility, helps track sales and works with you to manage total counts and shelf inventory. With a system that can track product to such a high caliber, you will be able to make future inventory predictions more accurately.
FLEXIBILITY Perhaps the biggest plus to running a small business is flexibility. Smaller staff sizes allow businesses to develop personal relationships with the customer, leading to repeat business. With a system like POS you can make sure the customer experience is the top priority. Freeing up employees from time consuming book keeping to focus on activities related to boosting clientele service. Faster checkouts and easy to use systems have customers leaving already planning their next visit.
Sound like it’s for you? For more information on the systems available from CoCard, head to our main website at www.cocard.info.Read MoreRead More
The Beauty industry is growing, fast. If you have chosen to open a Salon, you may have picked the best time to do it. You’ve already done the hard part. Make the business plan, found the space, curated an environment for your clientele that best reflects you and the business you care so much about. The next step should be easy, provide excellent customer service that will keep your door swinging time and time again.
In business, timing is everything. Now might be the perfect time to consider a Point of Sale system instead of the usual electronic cash register. It is true that when starting a business sometimes the easiest option that poses the least financial burden seems like the best option. However, if longevity and efficiency is what you’re looking for. A POS system might just be for you. So, let’s look at the advantages a POS system could bring to your Salon so you can focus on the beauty side of things.
These are just a few of the many ways you can make a POS system work for you. For more information on the systems available from CoCard, head to our main website at www.cocard.info.
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You’ve started a new business, you’re daunted by tax, the prospect of staff, wondering which supply stores you can trust, and on top of all of that, you must decide which type of POS System will be best for your business. Or maybe you already have an existing POS System and you’re wondering if it’s time for an upgrade. The answers with the myriad of tech pundits don’t make it all that easy to decide.
As I’m sure you’re aware, the technology is constantly evolving, making invoicing easier than ever before, and making the processing time quick and simple. But what features are vital, and which technological advancements are purely a gimmick?
What kind of POS system will work best for you depends on what kind of business you are currently running. Some small businesses have opted for electronic cash registers for the simple fact that they pose a minimal financial risk. When each asset is an investment, you’ll want to keep it simple at the start as some POS systems along with the hardware and software can be expensive.
Yet, whilst the financial costs of POS systems can be a disadvantage in comparison to Electronic Cash Registers, the innovative systems also have many advantages. This is crucial to understand for you to make an informed decision and investment. A suitable POS system will allow you to easily manage your inventory and minimize any errors in creating reports as well as a time clock for your employees. A POS system can streamline efficiencies in your business and make running your business easier and more cost efficient.
When considering a POS system, it is vital that you check what kind of hardware and software is required to get up and running. There are POS systems available for every budget but, if you already have an existing system, why not consider upgrading your current system to keep costs at a minimum?
Another important consideration when it comes to upgrading is ensuring that you give yourself and your staff ample time to train with the new systems and adjust to the new software and hardware.
If you’re investing in new software and hardware you are going to want to ensure that it is in keeping with the current technological commerce trends. Currently, retailers are contending with the popularity and ease of electronic wallets and mobile pay methods. Now, most banks and smartphones are integrating technology with banking via Apple Pay and Android Pay. These new advancements are more than just mere gimmicks, they are changing the shape of retail and restaurant businesses. Customers and retailers alike are keen to move away from the simple cash register to cloud-based systems which can be operated by their smartphone. We were always warned that the future is digital, but no one anticipated the introduction of mobile POS systems which allow payments from smartphones or tablets quite so soon. If you’re keen to stay ahead of the trend, you’ll be pleased to know that every internet-based POS system can now be accessed from any browser.
For information on the POS systems available from CoCard, head on over to our main website.Read MoreRead More