What a great idea for leftover food! Check out this website especially if you own a restaurant or know someone who does. https://www.rescuingleftovercuisine.org/about
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While COCARD’s REVONU POS is already well known for powering payments at restaurants, salons, and retail establishments, it also helps Holy Cross Monastery manage their gift shop inventory, payments and book sales.
Brother Scott: Our system is in the gift shop where we sell a mixture of books, religious gifts, candy bars and snacks.
Brother Scott: We have been working with COCARD for a while, primarily because the previous POS system we were using had recommended COCARD as a merchant services provider. Also, when EMV came about we were looking at how to accommodate that. We had the option to stay with a previous system or change to what COCARD was recommending. COCARD’s support had always been quite good so we felt confident in going with their recommendation, which was REVONU POS.
Brother Scott: The previous software we used had been minimally updated since the 90’s. So, now that we have been able to use the newer technology, particularly the cloud based software to access the back office from anywhere, our store has been running a lot smoother.
Brother Scott: Again, the newer technology and back office cloud integration is great! Also the staff in the store really like the ease of the touch- screen functions on the terminal.Read MoreRead More
Big news for the service industry: 2014 has brought a huge surge in the number of service-related companies. According to a recent article in Bloomberg, service industries—like restaurants and retailers—grew in July at the fastest rate since December 2005! Additionally, the Institute for Supply Management’s (ISM) non-manufacturing index increased to 58.7 (readings greater than 50 indicate expansion). The U.K. is experiencing similar trends in its service industry as well, which means your potential customers are ready and willing to spend. Terry Sheehan, an economist at Stone & McCarthy Research Associates is cited in the article as saying, “We’re seeing numbers that we haven’t seen since well before the financial crisis and recession, and they seem to be more sustained.”
Coinciding with this jump are an increase in new orders among service providers (they too are experiencing the highest ISM measure since August 2005) and an uptick in production (manufacturers have the highest ISM level since April 2011). Negative side-effects include an increased unemployment rate from 6.1 percent to 6.2 percent (given the influx of new job seekers into the labor market), a decline in the stock market (investors jumping on the anticipated uptick too soon) and an increase in competition for businesses in the service industry.
Worried about the influx of new competitors? Stay ahead of the curve by employing these business practices.Read MoreRead More