How the Best POS Systems are Changing Retail Sales for Small Businesses
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English
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How the Best POS Systems are Changing Retail Sales for Small Businesses

Downloading requires you to have access to the YouScribe library
Learn all about the services we offer
1 Page
English

Description

How the Best POS Systems are Changing Retail Sales for Small Businesses Small businesses are taking advantage of the latest POS software systems available and as a result are implementing cloudbased technologies to grow sales, their customer base and better manage their retail stores.

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Published 23 May 2015
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Language English

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How the Best POS Systems are Changing Retail Sales for Small BusinessesSmall businesses are taking advantage of the latest POS software systems available and as a result are implementing cloudbased technologies to grow sales, their customer base and better manage their retail stores. As such, small businesses are making monumental strides like no other time in the history of the retail industry.With the Internet cloud, entrepreneurs and small business owners are able to seamlessly integrate point of sale technology with traditional bookkeeping, employee management, and inventory tracking all the while experimenting with current innovations such as social media marketing, web based storefronts, and participating in the increasingly accessible global marketplace. Furthermore, recent reports predict that by 2020, 80% of small business computing will be done using some form of cloud computing as compared to the current 37%.Cloud computing is also changing what the workforce looks like since data is accessible from multiple devices and at any location. Consider this: in 1980, only 2.3% of the workforce telecommuted. Currently, it is estimated that about 24% of the workforce works some portion of the workweek from home. Still not a fan of the workfromhome trend? According to Inc. Magazine, of those telecommuters surveyed, 53% reported working more than 40 hours a week while only 28% of nontelecommuters said the same. Those who telecommute also claimed to be up to 20% more productive out of the office when working on creative tasks. Managers agreed with 90% stating that their employees were more productive when given the flexibility to choose when and where they worked.With the emergent partnership of online technology and traditional business principles, it is no wonder thatretail POS systemslikeVendare making an impact on the international marketplace. These innovative services allow businesses to sell to customers in their stores onthego via an ipad pos or online, manage inventory from multiple locations, cater to their most dedicated customers and analyze realtime sales reports.Another point to consider is that mobile POS systems are quite costeffective making it more accessible to the small business owner (regardless of the number of workers they employ or if they run a webbased or brick and mortar storefront). It reduces the expenditures of an expensive technical team, increases productivity since data is available ondemand, and allows for telecommuting saving funds that would traditionally be budgeted for facility expenses and traditional overhead costs.Albert Einstein once said, “Logic will get you from A to B.Imagination will take you everywhere.” With current point of sale technologies and its limitless possibilities to help your small business scale retail sales, you are only restricted by your own imagination.