Posts filtered by: ipad-pos
There is extensive research on consumer buying patterns, and how certain pricing methods can influence people’s perception of value. A number of moving parts factor into how people evaluate prices, and much of that decision-making is subconscious....
5 Minute Read
Draft beer can be one of the most profitable drinks in a bar. With profit margins between 75 and 80 percent, you don’t want to sleep on this offering if your brand is in the business of booze.
5 Minute Read
With economic uncertainties and labor shortages, restaurants are constantly searching for ways to cut costs while also increasing overall revenue and improving their bottom line. The good news is that it is possible to cut costs and improve margins...
5 Minute Read
Server tips can make up as much as 70% of a food server's income. That means a majority of their income is contingent on the dining experience and behavior of the customer.
4 Minute Read
Your point of sale (POS) system is not only a POS but a restaurant management platform that is the centerpiece of your business. Nowadays restaurants need an agile POS platform that allows businesses to adapt to the ever changing market. A ...
4 Minute Read
When pulling reports from your business, there are a number of KPIs (key performance indicators) that can help you better understand your business, set benchmarks, and achieve your overall business goals. In this article, we take a look at one KPI...
4 Minute Read
Slow moving inventory are defined as inventoried items that have had very little customer demand over a given time period. But what constitutes “little” customer demand? And how long of a time period justifies a slow-mover? These are questions you...
3 Minute Read
Bakeries are by nature very dynamic businesses and have their own unique set of challenges. From high production costs and fluctuating ingredient prices to customers placing highly-customized orders and bakery inventory – a robust point of sale...
3 Minute Read
Marketers like to toss around the word ‘authenticity’ when describing brands. This new buzzword has played a major part in how companies are defining their missions and creating their processes when building a brand. Backed by a number of studies,...
4 Minute Read
If you’re in sales, you understand the importance of collecting and analyzing data. Without key performance indicators (KPIs) — such as monthly sales target, stock turnover rate, average customer spending, and cross-selling rate — retail businesses...
5 Minute Read