What are the retail “back office scaries”? These hidden monsters lurk within piles of stacked POS (point of sale) reports, the shadows of tangled hardware cables, the corners of dusty inventory shelves, hang around outdated software, and can even be found near the coffee station!
Read more about Margin Moth, Stagnator, Gobbler, Drudge, and Underminer.
Boosting your retail point of sale system involves leveraging the latest trends and technologies to streamline operations, improve customer experience, and reduce administrative burdens. Here are some key strategies and trends to consider:
Embrace omnichannel integration with a retail point of sale
Integrate your POS system with online and offline sales channels to provide a seamless shopping experience. This includes syncing inventory, sales data, and customer profiles across platforms, enabling customers to buy online and pick up in-store (BOPIS), return items via any channel, and enjoy a consistent shopping experience.
I had the privilege of joining the Let’s Get Retail Podcast, presented by QuickBooks, as a guest, and it was truly an honor. Hosted by Nate Flake and sponsored by QuickBooks, the podcast is a valuable resource for anyone in the retail industry.
When it comes to powering day-to-day business operations, QuickBooks is unparalleled. There’s a reason some 29 million businesses have made it an integral part of their success stories. As a teammate, QuickBooks is unmatched—it always shows up on time, works hard, does its job correctly and never complains.
QuickBooks Online Advanced can be transformed into a productive business solution for more vertical industries with multiple revenue streams, including retail. To expand QBO Advanced functionality and reach, add Ability Financial Exchange (AFE), QuickBooks Point of Sale (POS), and cloud-based SaaS add-on software apps for time tracking, payroll, automation, and advanced reporting. This article covers […]
Deciding on the kind of business you want to start is a very big decision. Some require specialized skills that either the owner or employees will need. Others require a substantial initial capital outlay. In any case, it’s always a good idea to consider the health of the industry you’ll be entering in. While we […]
In his book, The Rebel Rules: Daring to Be Yourself in Business, author Chip Conley describes what investors look for in a management team when considering providing startup money to new businesses. He says your management team should consist of a “brain trust that includes a passionate visionary, a ‘get-your-hands-dirty’ operator, and a responsible, finance-minded executive.” […]
The products and services your business sells make it unique. The same thing is true of how these items are set up in your accounting software. Whether you’re using QuickBooks Online or something else, getting your products and services set up right can impact the quality of the information you can get out of your […]
One of the most important success factors of small businesses is the ability to generate revenue, and to do that, most businesses need to market their services and products to bring in new customers and sales. The challenge for small business is how to make their marketing dollars work the hardest, and this requires careful […]
There are a lot of deadlines that come with running a business. Missing some deadlines can have serious financial implications to the health of your business. Let’s take a look at how much you’ll save by being on time with the following deadlines. Payroll One of the toughest deadlines of all, making payroll, is essential […]