How much should a POS System cost? Is it worth it?
The answer to this depends largely on your current situation. You need to take into consideration the number of stores you have, how much time you are spending just getting the numbers to add up, your expansion plans, your cash flow and the like. However, a computer based POS software system will provide you with many benefits beyond simple data capture, such as the following:- Tracking of discountA POS software system should let you track and record the reasons for all discounts provided during sales. You can be guaranteed that all products will sell at full price unless deliberately discounted.- Stock ControlWithout a computerized POS software system you will have great difficulty in managing your stock levels. With PC based retail system stock should be automatically adjusted based on sales and purchase order receipts. Shrinkage can be determined, as can other critical business indicators such as stock turns and best selling products.- Increased ProfitsA POS software system gives yo
