Wednesday 20 April 2011

Choosing A Till For Your New SME Business

Choosing cash handling equipment for small businesses can seem daunting. You need to know that your cash register or EPoS systems will be easy to use whilst the business is in it's infancy. An important factor is also that the tills will be able to grow with your business in the future. It's no good having to buy new tills as your business develops. EPoS terminals offer point of sale for retail or hospitality businesses. They can be simple cash tills or more complex touch screen versions.

EPoS terminals are cash tills that are 'backed up' by PC technology. EPoS stands for Electronic Point Of Sale. We've all seen these EPoS tills in action at checkouts in supermarket outlets or in our local restaurant as a touch screen till. They are basically a computer system with an easy to use interface for the business this may be a scanner and monitor screen for retail outlets or a touch screen for restaurants and bars. These EPoS terminals are increasingly more affordable as the technology has become more popular and available. So for a new small business costs are not prohibitive and yet the control and management of your business will be much enhanced by using a reliable and future proof EPoS system.

It is prudent for small businesses to buy a reliable and easy to use cash register even if you decide to go for one of the simpler cash tills on the market. Cash registers will give you a safe and easy way of taking payments from customers. Any cash register will enable you to record your sales for accounting purposes. The more complex tills will allow you to keep an eye on sales of particular products, track stock and give receipts to customers. Receipts are also a good marketing tool allowing your company and any sales/advertising message to be promoted to customers. For cash handling you may also want to consider security devices such as note detectors or under counter safes.

EPoS systems and many of the more complex tills will give you greater control in your business. They will help you with stock control and stock auditing, sales data, wastage, managing promotions and offers and keeping an eye on staff sales / voids. EPoS terminals can even be linked to credit card payments, hand held electronic order pads, advertising screens and cash and carry warehouse ordering systems.
Make sure you get advice and build a good relationship with your cash register salesperson. Ensure sure you ask about after sales support and training and that you buy a system,which is future proof. Buy the best solution that you can afford but take into account your future business needs, too.

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