J.D. Associates Retail POS Solutions Blog

5 Reasons to Invest In a Point of Sale Solution

  

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Reduce shrink
All studies show that the greatest degree of theft happens internally.  Sad but true.  A point of sale solution tracks every transaction with much greater detail, thus making it easier to keep everyone honest, especially if you incorporate an integrated surveillance system.

Reduce Payroll
Retail solutions cut down on redundant behavior.  No more reinventing the wheel. Less hand-counts of inventory, less labor, less payroll. POS solution reports can help you track when your peak business happens so that you schedule your staff correctly.  The right people and the right amount of them at the right time.

Better Customer Information
A point of sale solution allows for strategic pinpoint marketing using customer sales information that you collect yourself.  Imagine emailing your own established customers with meaningful offers, never by an email list again.

Generate More Accurate Reporting
Accurate Payroll Records, Sales Tax Reports, as well as Profit and Loss statements that mean something. Reduce human error, get real information.

Increase  Inventory Turns
The more you turn your inventory, the healthier your business.  Stay in stock of best selling merchandise by setting min/max inventories.  Sell more by having what customers want when they want it.  Mark down and remove slow sellers. Use sales information of existing products to help you to make informed decisions when you sit down to do major seasonal buys.  

A point of sale solution not only pays for itself
but can save you thousands of additional dollars each year.
 

Bob Furlong is a Consultant specializing in Family Business, HR Development as well as Lease Negotiation. Bob grew up in his family's business (Ed note: they used Retail Pro as their POS system to run the family business) an upscale urban gift store, eventually becoming president and expanding to multiple locations.  Bob is now utilizing his years of experience to assist other business owners to grow, protect and preserve their entrepreneurial enterprises.

Bob can be reached at:

Email: bobfurlong@me.com
LinkedIn: http://www.linkedin.com/in/bobfurlong
617-818-2001