We’re here to help you add some more tools to your tool belt with today’s handy Tips and Tricks: Purchasing Point of Sale Mistakes, Part 1.
Part 1: Expense vs. Investment
When looking to purchase a point of sale system, many business owners simply look at the price tag. Unfortunately, this can be a huge waste of money down the road. If your point of sale software doesn’t have the functionality that’s right for your business, can’t handle the demands you need to place on it, or is extremely difficult to use, it’s likely you will waste money having to invest in a second system at some point to replace the one that doesn’t fit.
While money can be a big concern for many businesses, particularly if they are just starting out, price tag should NOT be the only deciding factor, or even the most important deciding factor in choosing your point of sale system.
You want to look for a software that is going to be able to stick with you and grow with your business.
Important Things to Consider:
- What kind of functionality would you like your point of sale system to do for you?
- What kinds of reporting capabilities do you need?
- Do you need time tracking, inventory tracking, and customer tracking?
- How easy or intuitive is the point of sale system?
- Will this software keep up with your rapidly growing business?
- Lastly, you may now consider price.
You know your business better than anyone else. Be honest with yourself about what you NEED your software to do, what you WANT your software to do, and then worry about the price. A point of sale system is an investment in your business, not just another expense, and can make a world of difference in how easy and manageable your business is to run.