If you run a product driven company, chances are you’ve had your fair share of clashes with troublesome cash registers. As with any electronic machine, retail tills and digital point of sale systems can be tricky to master and even harder to get along with if they are not well suited to everyday operations.
This is why it is so important to shop for retail and commercial tills carefully, with an eye out for the specific features which your business needs. Plus, with the help of a reliable supplier like ourselves, Colchester companies can seek advice, ask for expert recommendations, browse scores of high quality machines, and purchase tills which are perfect for them.
This guide to the top four things to consider when choosing a cash register for your business will help you get to grips with the basics and find the ideal payment system.
Consider Your Requirements
One of the most common mistakes which Colchester businesses make when shopping for tills is to simply presume that their needs are the same as those of other companies in the area. The reality is that all businesses come with their own requirements; the type of tills which you need will depend on the size of your retail operation and whether you plan to expand in the near future. If you run a business which involves hundreds of products, you are advised to invest in a comprehensive POS system, with a barcode scanner. However, for retail operations with smaller inventories, a simple till setup is probably enough.
Think About Security Features
Whilst the safeguarding of cash, cheques, and credit card payments will always be a concern for business owners (particularly those in high crime areas), modern cash registers are more secure now than they have ever been before. Of course, the level of security which you decide to invest in will depend entirely on your budget and industry – electronics vendors, for example, tend to face more danger than retail stores. You might want to consider buying tills with lockable drawers to prevent unauthorised access or even installing a drop box component, as a way to minimise the loss if your tills are targeted.
Get Wise with Inventory Systems
For businesses with sprawling inventories, keeping track of day to day operations can be a real struggle. The last thing that you want to be doing is counting stock by hand every month to identify discrepancies, so why not think about investing in an integrated stock processing system? This kind of software responsively monitors every transaction and keeps an accurate record of which products have been sold, in what quantity, and how much stock is left. The reality is that inventory systems have been a major part of the retail industry for some time now, so businesses still counting by hand run the risk of being left behind.
Choose the Right Receipt Options
It is also worth taking the time to think about receipt options; specifically, whether a thermal printing or a ribbon cash register is best for your Colchester enterprise. It is true that heat based receipt systems are more expensive than standard ones, but they tend to make up for it very quickly, as they do not require ink ribbons. The price of ink ribbons has steadily increased over the last five years, so it is certainly worth considering whether or not a more advanced machine might be a better option. Once again, the decision will largely depend on what you sell, who you sell it to, and where their priorities lie.
To find out more about how top quality tills can transform your business or to browse a broad selection of cash registers and payment systems why not pop in to your local Cash Register Supply shop, or alternative you can contact us via email or ring on 01473 396 037.