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Why a Point-of-Sale System Makes Sense

Interview with John Foley, AllBusiness.com's restaurant advisor.
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JOHN FOLEY: A point-of-sale system, your POS, is the nucleus of any restaurant.

(voiceover continues)

What a POS System Can Do:

-Track Inventory

-Track Food Cost

-Analyze Profit and Loss

-Track Employee Schedules

-Process Credit Cards

It gives you the ability to track inventory, do food costs, analyze profit and loss, make sure your employees are coming and going as they are scheduled to come and go, and it also gives you the ability to process all your credit cards to make sure that your money goes into the bank. There are three major point-of-sale systems that are on the market that are very, very useful to most restaurant owners: the tech system, the Micros system, and the Aloha system.

(voiceover continues)

The Three Major POS Systems:

-Micros Systems

www.micros.com

-Aloha by Radiant System

www.alohapos.com

-BR Data

www.brdata.com

One of the benefits of each of these systems is that you can buy the software in a variety of stages, so you don’t have to buy all the software at one time, which tends to be very costly for the small unit operator. There are also numerous regional software packages that you can buy and use on your home computer to accomplish the same goal. One of the major problems that you have to look for is the support system that’s offered on 24/7. If you don’t have a 24/7 support system, you could find yourself with numerous problems on a Friday night. Nothing is worse than having a dining room full of customers who want to pay with their credit cards and no way to process those. If you can’t find a system with 24/7, don’t buy it. Make sure you find a system that has the ability to support your needs, any hour of the day or night.

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