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A POS (‘Point of Sale’) refers to the technology used to sell a product to a customer, usually in-store. The POS service has to be affordable and linked with other services, most notably payroll, accounting, and inventory management.
As a customer, I know what a difference it makes to use a smooth and novel POS for easy payment. And as a business owner, I also know the difference it makes to have a seamless system that records payments and automatically updates inventory and tax, integrated with a website. For both classes of people, it’s really important.
The following is my experience with a number of point of sale systems for small business owners and an explanation of my 3 favorite services.
3 Best POS Systems for Business Owners
#1 – Square POS (Website): A perfectly well-rounded platform with modern terminals and slick web building and inventory management capabilities. Excellent for mobile food trucks and small business owners in general.
#2 – QuickBooks POS (Website): Great for medium-sized business owners that already use the suite of Quickbooks products, including accounting and payroll. Not cloud-based, and you pay an upfront fee to use.
#3 – TouchBistro (Website): A software designed specifically for restaurants with the features to match. Not cheap, but certainly worth the investment for restaurant owners. Excellent menu functionality.
$60 Per Month + $40 Per Terminal.
All Small Business Owners
Excellent Integration Between Payroll, Web Building, And Terminal Technology.
One Time License Fee Of $960
One Time License Fee Of $1360
Businesses Using Quickbooks, Medium-sized
Powerful POS Technology For Owners Preferring A Local Install And Use Other QB Products
$50 Per Month
$69 Per Month
All Kinds Of Restaurant Owners
Great For Restaurant Owners, But Real Price Is $229 For Those Who Want To Use ‘Reservations’ Feature
#1 – Square POS
The number one POS technology for small business owners would have to be Square. Square point of sale has become increasingly popular in recent years, and with good reason. They offer specific packages for restaurant owners and for retail sellers. Square pretty much has it all and is perfect for business owners with a pronounced online presence. It bought out Weebly and now has its own site-building platform. With all the tools and plugins, this allows for seamless integration between inventory management, payroll, orders, and point of sale technology. Oh, it’s also very cheap, extremely cool, and with brilliant mobile functionality. I love it and recommend it to everyone.
Many Square users will have businesses that use iPads as a point of sale technology. So it is perfect for alternative independent coffee shops and certain restaurants that want to stand out. But it is also perfect for technology stores selling electronic products. Square point of sale is just cool and alternative, while also being extremely simple and efficient. Within the POS technology, you can manage inventory, receipts, and payroll. It takes the word ‘integrated’ to a whole new level.
The Square dashboard is awesome. And the tools within the Square site builder can be used to launch marketing campaigns linked to data obtained from the point of sales. That’s pretty sweet, So, what about the downsides associated with Square POS? There aren’t that many, but they are certainly there. It is not suited to larger business models, and the transaction fees are a tad more expensive than the competition. Businesses with large inventory and warehouse of products will find Square a little basic for their needs.
Other than that, this software rocks and is far ahead of the competition. If you are a small business owner looking for an affordable, functional, and stylish POS service, save yourself some time and get Square – you won’t regret it.
Businesses that are just starting out or that are still small, such as coffee shops. Also extremely popular and literally perfect for mobile businesses such as food trucks that need easy payments, stylish POS terminals, and basic inventory.
List of Features
- Inventory Management
- Point Of Sale
- Centralized Hub
- Card Reader
- Sales Analytics
- Excellent Mobile POS Technology
- Offline Mode