5 Big Points Choosing The System For Home Business Owners Must Must Try
From traditional POS systems to innovative applications, there are many different varieties designed to fit your unique business needs.
Especially when you get started, it's important for your POS system to be affordable, intuitive and powerful, offering more capabilities than just processing invoices.
Time-saving features and increased productivity like customer data tracking, online invoicing, and more can minimize the amount of time you spend on bookkeeping
so you can spend more time on big picture activities that will grow your business. Although many apps have similar features
some are designed specifically to meet the needs of small businesses and can make your life as the owner of a much simpler startup but maximum income.
Here are five of the most popular and powerful POS systems you should try :
1). Square
Square is a solid POS system for those who set up retail stores, food trucks or for businesses you do outdoors (ie trade shows or meetings with clients).
With Square-sized credit card readers, users can attach them to smartphones to swipe credit cards at work with clients.
For a business model that travels to a customer's location, this can be an easy choice. Square does require the purchase of equipment
Like a cradle or dock, starting at $ 29 - $ 129, and Square takes a portion of each purchase cost, ranging from 2.75% to 3.5%, depending on the type of transaction.
2). PayPal
For small businesses without requests or time for credit card processors, PayPal is a classic and useful option. Easily set up, connect your bank account and you're ready to get paid.
PayPal costs about 2.9% + $ 0.30 per transaction and no contract or long term agreement, which allows small business owners to use it as needed.
PayPal offers two choices of credit card readers; Free Mobile Card Reader, or Chip Card Reader, which is $ 149 with a $ 100 refund when you process $ 3,000 in transactions within three months.
However, PayPal is bare bones. If you're a freelancer, that's probably enough, but if you need to process multiple payments, additional features may be needed that can add a lot of pricing.
3). Venmo
Venmo is PayPal's mobile payment system. Users provide information and save money into their Venmo account or link it to their credit card or bank account.
Originally used as a tool for friends to share restaurant bills or taxi fares, it has evolved to become a business tool as well.
Under the leadership of PayPal, Venmo works closely with the business of choice to receive payments using the app.
Although this platform is continually updated and improved, there are security concerns about how financial data is protected.
4). NCR
Geared towards large companies like stadiums or concert halls, NCR is designed to deal with a high-volume of traffic. It requires significant hardware and software investments, including keypad terminals, handheld devices and more.
The NCR software connects to the systems to multiple locations within a venue, such as an in-stadium restaurant, bar or gift shop. While powerful, NCR is typically too cost-prohibitive and overly complex for the needs of most small business owners.
5). PocketSuite
PocketSuite is a great POS system that you can run from your smartphone. Through the PocketSuite app, you can not only charge a client's credit card but also create and send professional invoices
Receive online payments, set up recurring charges and enforce cancellations or late fees.
Unlike some stand-alone apps and can not be connected to other areas of your business, PocketSuite can connect to your business and social media pages to make
t an appointment and receive a payment. PocketSuite has three levels to choose from (free, $ 10 / month or $ 20 / month), all with a flat 2.5% credit card processing fee.
As a small business owner, a strong point-of-sale sales system can be the difference between success and struggle.
Simplifying invoicing, accepting payments and managing customer data can help maximize your profits while freeing more time to focus on business development.
Consider your choices based on the features you need to grow your company and meet the needs of your customers.
