Run And Grow Your Business With The Right POS System

Nowadays, the best way to manage transactions, sales, or even operate a business smoothly is to maintain a top-of-the-line POS system for small business. Not only that, but a great system can also allow you to handle administrative tasks more efficiently as well.

Of course, the nature of the tasks you handle and the sales you make will depend on the type of business you're running. For example, a clothing store might have different needs than a busy coffee shop. And a small business system for an electrician wouldn't work out for an ice cream parlor.

If you're operating a recent business or budding one of your own, then you should understand that it will be imperative to keep a POS system that will help you run as well as grow your company.

Benefits of a Point of Sale System for Small Businesses

Here is a list of the different benefits that you can get from the system.

1. Reduce the Amount of Time Spent on Administration

A high-in-demand POS software will offer relevant reports about decisions that can help you make more profit in a fraction of the time that you would normally make.

2. Sales Reports

A proper POS system provides a good overview of a business and automatically keeps a record of its cash flow. In other words, it's relatively easier to find data about a product range.

3. Save Time

Another excellent perk of this system is that it allows you to keep track of the deliveries and every single product going out of your store. The system always tells you about the type of product that has been sold and informs you right away how much you have in stock. This way, it will already tell the suppliers when the inventory is almost empty.

4. Increases Store Profitability

Perhaps the biggest benefit of keeping a POS system for small business is that it offers the ability to elevate a store’s profitability. This is accomplished by effective inventory management and being able to capture and analyze buyer behavior, thereby allowing employees to tailor and improve personalized and targeted marketing campaigns.

5. Loyalty

This system can also develop loyalty programs for valued customers. Doing so not only increases the sales of small businesses but also helps them grow, expand, and also create repeat customers.

6. Offers Immediate Access

POS systems also allow employees to access the software from any place at any time whenever they feel like.

Best Systems Available Today

There is no single solution when it comes to deciding the best point of sale system for small business as there are plenty of them around. But no matter which one you pick, you must ensure that it offers the ability to manage inventory, process payments, and establish loyal customers among so many other benefits that we have just covered.

So without further ado, here is a list of our top picks of some of the finest POS systems for small businesses:

1. Lightspeed

Starting off this list is one of the hottest retail POS systems that has gotten even bigger in the last year or so is Lightspeed.

Lightspeed is a cloud-based POS solution that is suitable for restaurateurs and retailers in industries like footwear, apparel, pet, jewelry, bike, home decor, and sporting goods. The solution also offers a slew of intrinsic business management features including cash drawer control, retail store management, purchase order management, payment processing, inventory management, account software integration, customer profile access, and much more. But that's not all.

Thanks to Lightspeed's several features including omnichannel loyalty, advanced e-commerce solution, and contactless payment, you can safeguard the future of your business for many years to come. Doesn't matter whether you were selling serialized, bundled, or unique items that demand multiple variations, Lightspeed comes with all the sophisticated facilities that always keep your stock moving.

Some of Lightspeed's best features include:

• Split checks
• Mobile access
• Tips management
• Online ordering
• Loyalty program
• Gift card management
• Table Management
• Integrated payments
• Omni-channel
• Multi-store
• Mobility and cloud

2. Square

Another equally beneficial POS system for small business owners is Square. it has an easy-to-use interface, is free to start up, and is loaded with a variety of intrinsic features as well as reasonable pricing.

Square is a popular pick for mobile businesses such as boutique retail shops and food trucks. And by pairing the Square POS and POS systems together, you'll be able to take payments from your customers wherever they may be, increasing the business potential of your company even more.

You can easily take customer payments thanks to Square's point-of-sale mobile app and credit card readers, which works with many Apple and Android devices. You can also customized receipts just send them via print or email. Besides that, you can also split checks, open tabs, and manage inventory and real-time all thanks to Square's point of sale software.

Squares best features include:

• Transparent transaction fees
• Quick to set up and easy-to-use
• Swipe cards offline
• Manage inventory in real-time
• All-day customer service
• Zero monthly cost for the basic plan
• Real-time analytics and sales reporting

3. Clover POS

Next up is Clover, which is perhaps one of the most customizable POS systems for small businesses. And when we say customizable, we mean that users can pick and choose features from a wide market to develop a system that's completely tailored for their business, whether it's a service industry, restaurant, or retail.

It runs on the proprietary android-based hardware with several form factor options such as Mini, Station, Go, and Flex, which users can mix and match to their liking.

Clover’s user interface is clean, simple to use. After you have bought the Clover system, you'll need to buy the complete hardware setup as a package, along with the bundled software apps, which you can get up and running in a couple of minutes.

Features include:

• Modify change and exchange orders
• Build a mailing list
• Track item level profitability
• Send customer orders in another language and location

Conclusion

Now that we have covered all that, we hope that you understand the importance of having a POS system for small business. With that in mind, we also hope that you will select either one of the aforementioned systems that we've included in this article.